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Archive for May, 2017

San Jose’s Tenant Protection Ordinance Requires “Just Cause” Terminations – by Patricia A. Harris

Posted on 30. May, 2017 by .

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On May 9, 2017, the San Jose City Council adopted the Tenant Protection Ordinance. Additionally, the City Council adopted an Urgency Ordinance making the new regulations effective immediately. The Tenant Protection Ordinance outlines landlord responsibilities and tenant rights regarding notices to terminate.  Under the Tenant Protection Ordinance, landlords of multifamily dwellings, guesthouses and unpermitted units will only […]

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Something to Think About #56: Uncle Sally’s Nephew – Part 19 – by Klarise Yahya

Posted on 01. May, 2017 by .

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If you’ve missed some of the prior articles, basic guidelines on successful investing are in my book “Stairway to Wealth” available at LuLu.com.             Continued from Part 18: Adding living area is what developers do, and it had a long history. She remembered that site at the edge of town, the […]

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Legal Q & A – by Richard Beckman, Attorney

Posted on 01. May, 2017 by .

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Question 1: My Richmond tenant has asked to have a dog, though the lease specifies ‘no pets’. While we are not thrilled with the idea, she is a good tenant and keeps her place spotless. I’m looking for examples of ways to deal with this situation – can I charge pet rent or a pet […]

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Management Tips From MRLANDLORD.COM

Posted on 01. May, 2017 by .

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(Shared by landlords nationwide) Landlords nationwide were asked: “What was the average cost of getting a property ready for rent once a renter moves out?” There was a range of responses. One landlord’s response was a bit concerning to me. The response was this: “No clue.  It’s not something I have tracked or cared to track. […]

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Legal Q & A – by Dennis Block, Attorney

Posted on 01. May, 2017 by .

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Question One: The world has just become insane. I allowed a tenant to have a dog when she moved into the unit. She has now presented me with a note from a doctor. The notes states that due to her emotional state, she needs two cats and an additional dog! Please tell me that I can […]

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It’s Here! The FREE “Million Dollar” Trade Show and Landlording Conference!

Posted on 01. May, 2017 by .

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Wednesday, May 24th at the Long Beach Convention Center – Hall C Mark your calendars for Wednesday, May 24th for AOA’s “Million Dollar Trade Show and Landlording Conference” in Long Beach. You will meet just about every contractor and vendor you will ever need… it’s called the “Million Dollar Event” of the year. Come and […]

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California: Time for a Major Change in Course – by Lewis K. Uhler and John Coupal

Posted on 01. May, 2017 by .

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Governor Brown, California Attorney General Becerra, legislative and other government officials are fixated on battling the new administration in Washington with almost total disregard for California’s major problems and unmet needs. Failure to address these pressing problems threatens the viability of a state whose status is rapidly being transformed from “golden” to “tarnished.”

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U.S. Economic Freedom Index Plunged Over Last Eight Years – by Gary D. Halbert

Posted on 01. May, 2017 by .

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Index Explained The Heritage Foundation is a think-tank based in Washington, DC, founded in 1973. Since 1995, Heritage has published an annual ranking of developed nations based on their level of economic freedom – or put differently, the ease of doing business in these countries.

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Nearing The End of a Cycle – by Bruce Norris

Posted on 01. May, 2017 by .

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It’s hard to believe a decade has passed since the great boom in real estate prices ended around 2007. The California Crash started in earnest in 2008 and continued until 2012. Prices went from about $600,000 to $250,000 in just a couple of years. It was devastating to anyone who did not see it coming. […]

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You’re From Where? Sorry, No Vacancies. – by Zachary Lawrence JD

Posted on 01. May, 2017 by .

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As of this writing, President Trump has issued an executive order barring entry into our country for any persons from these seven countries:  Iran, Iraq, Yemen, Libya, Somalia, Sudan and Syria. Like it or not, Trump’s “This Land is Your Land” campaign has gained traction and his current poll numbers are high.

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City of Seattle Sued for Robbing Landlords of Right to Choose Tenants – by Pacific Legal Foundation

Posted on 01. May, 2017 by .

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Pacific Legal Foundation (PLF) challenged Seattle’s new mandate forcing landlords to rent to the first qualified person who applies for a unit.  By denying owners the freedom to choose among qualified applicants and to exercise nondiscriminatory discretion about who will live in their units, the “first in time” rule violates state constitutional protections for property […]

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How to Write Off Practically Anything – by Karla Dennis

Posted on 01. May, 2017 by .

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When it comes to tax deductions, there are a few schools of thoughts. There are the people who want to write off everything, whether it’s legal or not, and figure the cost of an IRS audit won’t be that bad. Or else they think they can’t ever get caught. They are invisible, or so they […]

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Dealing with Bad Tenants – You Can’t Win Them All – by Bill Biko

Posted on 01. May, 2017 by .

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It happens – you get a losing hand in poker, you pick the slow line at the checkout, you pick a bad tenant. It’s a matter of the numbers, in my case, more tenants equal more numbers and more chances for something to go off the rails, but the important part is you have to deal […]

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AB 1506 Will Steal More of Your Property! – by Michael Millman, Attorney.

Posted on 01. May, 2017 by .

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Assembly Bill 1506 would repeal the State Limits on Local Rent Control Regulations and Ordinances.  AB 1506 would repeal the 1995 Costa-Hawkins Fair Housing Act which made it unlawful in the State of California to extend “Rent Control” to single dwelling homes, condominiums, granny flats, duplexes and all new construction.  Further, it allows landlords to […]

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AB 1506 is a Dangerous Attack on Property Rights – by Noni Richen, SPOSFI President

Posted on 01. May, 2017 by .

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About a week ago, we sent out an Action Alert concerning AB 1506. If you dismissed it and deleted it from your e-mail, or if you hear from us only by this newsletter, here’s the ugly story: this bill will repeal the Costa-Hawkins Rental Housing Act, in effect since 1995. Central Valley Democratic Assembly member […]

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Resident Manager Laws – 2017 Mid-Year Update – by Dale Alberstone, Esq.

Posted on 01. May, 2017 by .

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Hello everybody.  AOA members who have been followers of this column over the years have seen how perplexing our laws are with respect to resident managers.  Unfortunately, starting July 1, 2017, they become even more complicated. July 1 is the date that a number of cities, such as San Francisco, Pasadena, San Jose, Los Angeles […]

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Legal Q & A – by Franco Simone, Esq.

Posted on 01. May, 2017 by .

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Q:  I have a tenant who moved into his rental unit last month.  I included a provision in his lease that prohibits smoking cigarettes in his unit. Now, his neighbors are complaining that cigarette smoke from his unit is seeping through their air vents.  When I approached the tenant he told me that he has […]

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Renters Insurance Program for Apartment Owners & Property Managers – by GSI Insurance

Posted on 01. May, 2017 by .

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Why Do My Tenants Need Renters Insurance? Fire, Explosion, Smoke, and Water Damage are just a few examples of the types of losses caused by tenants. Did you know…?

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How to Get Two or Three Times More Rent and Much Better Tenants Without Section 8 – by Nick Sidoti, R.A.M.

Posted on 01. May, 2017 by .

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You have heard it all before.  Some of us have even said it ourselves – “Being a landlord can be a pain.”  Most people in this country will agree that it makes a lot of sense to buy property and invest in real estate.  We also know all the benefits of investing in real estate.  […]

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OPEN LETTER SENT TO ASSEMBLY PERSONS – CALL TO ACTION!!

Posted on 01. May, 2017 by .

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Opposition to Assembly Bill AB1506 Repeal of 1995 Costa-Hawkins Fair Housing Act By Michael Millman The below letter was sent to State Assemblypersons listed below at Capital Office/P.O. Box 942849, Sacramento, CA 94249.

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Apartment Management Company Sues Airbnb Alleging It Helps Tenants Breach Leases – by The Rental Housing Journal

Posted on 01. May, 2017 by .

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A Denver-based apartment management company has sued Airbnb in California and Florida state courts alleging Airbnb assists tenants in breaching their leases by subletting their apartments, according to a release.

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Soft-Story Retrofit in Los Angeles – Part Two – by Dr. David Hosseini, Ph.D.

Posted on 01. May, 2017 by .

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This is part two of a series of articles on Soft-Story Retrofit in Los Angeles focusing on economical solutions for seismic retrofit. In part one, we discussed Seismic Hazard in Los Angeles area. Here, we address several common questions by property owners and shed light on the economical ways for seismic retrofit of your property.

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Three Force Multipliers to Build Wealth Faster – by Terry Moore CCIM

Posted on 01. May, 2017 by .

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This article explains why rental ownership safely and steadily builds wealth.  Tax shelter, deferred taxes on profits, and San Diego’s unique apartment ownership topography all make rental owners rich faster and safer. Read to learn how to get on San Diego’s conveyer belt to riches.

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Seven Ways to Fail in the Landlording Business – by Robert L. Cain

Posted on 01. May, 2017 by .

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Sometimes landlords forget they are in business.  That’s when they get into trouble.  Lots of people have made and continue to make good money by investing in and renting out property.  They do it by always watching out for their financial health by realizing that good business means careful attention to what happens to their […]

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