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Archive for January, 2019

Legal Q & A By: Franco Simone

Posted on 01. Jan, 2019 by .

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Q: I am a landlord and my tenant normally pays me the rent in person. A person I have never met is trying to pay the rent on behalf of my tenant.  The check has the name of the third party on it and I do not want to create a tenancy with this new […]

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Stop! Don’t File Your Taxes in April if You Started a 1031 Exchange in the Last Quarter of the Year- By Betty Friant

Posted on 01. Jan, 2019 by .

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Betty Friant:  So, Dwight.  Thanks for taking the time to go over a critical part of the 1031 Exchange process.

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The Property Manager’s Guide to Tenant Selection by – David Crown

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Property managers are in the business of eliminating stress and headaches for property owners. Since nothing can complicate the life of a property owner quite like an irresponsible or malicious tenant, tenant selection is of the utmost importance in this industry, and it’s something I’ve devoted a great deal of time to refining.

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Landlords Fined $2.25 Million for Running Illegal Airbnb! By -The Editors of the Rental Housing Journal

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Two landlords who own 17 buildings have been fined $2.25 million in penalties and investigation costs after unlawfully renting out 14 apartments on Airbnb, according to a release.

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Tips for Conducting Applicant Screening That Complies with Fair Housing Law By- Ellen Clark

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Here are some tips for conducting applicant screening in a way that complies with Fair Housing law and makes all people feel welcome in your community.  They will help you avoid screening pitfalls.

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Did You Know Column By – Dennis Block

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Requiring a Tenant to Perform Certain Maintenance Many times, a landlord will require a tenant to perform gardening or pool service, as a condition of their tenancy. In some cases, a rent credit is afforded to compensate the tenant.

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Seven Steps to Increase Resident Retention By – Lori Hammond

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Many property management reports focus on occupancy. Every week, how many move-ins will you have? What do you have as preleases? The number of lease renewals is equally important.

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Landlords Take City of Oakland to Court Over Unconstitutional Tenant Relocation!

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When the Air Force assigned Lyndsey and Sharon Ballinger to Washington, D.C.in 2015, the Ballingers kept their Oakland, California, house and rented it out on a month-to-month lease so they could move back.

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The 10 Commandments of Property Management By – Phil Pustejovsky

Posted on 01. Jan, 2019 by .

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You’re about to discover the 10 commandments of property management.

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The Unforeseen Pitfalls of Hiring a Resident Manager Under AB 1482 By – Attorney Gary Ganchrow

Posted on 01. Jan, 2019 by .

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If you are reading this article, you almost certainly know about the Tenant Protection Act of 2019 (Assembly Bill No. 1482), the state-wide rent control law, and you probably have carefully considered how this law affects you and your properties. You may not yet have fully thought through, however, how this law might affect your […]

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Something to Think About #76 By – Klarise Yahya

Posted on 01. Jan, 2019 by .

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Emily’s Notes: Triple-Net Properties This last election was only the latest battle of a seemingly endless war, but Emily was at least temporarily relieved when Proposition 10, the “Local Rent Control Initiative” failed by a vote of 60% to 40%. That rent control measure would have allowed localities to layer new burdens on residential landlords, […]

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Tenant Lawsuits Proliferate Throughout Bay Area By – Daniel Bornstein, Esq.

Posted on 01. Jan, 2019 by .

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When rental relationships sour, even the most conscientious investment property owners can be slapped with a lawsuit that may cost tens of thousands of dollars to defend against regardless of the merits of the case.

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Attention Landlords: There is a Rent Freeze in the Unincorporated Areas of Los Angeles and Glendale By – Patricia A. Harris

Posted on 01. Jan, 2019 by .

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Recently, the Los Angeles County Board of Supervisors voted 4-1 to enforce a six- month temporary Rent Control Ordinance for Unincorporated Los Angeles that took effect December 20, 2018. Annual rent increases are limited to 3% once a year and will be retroactive dating back to September 11, 2018.

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MUST READ!! Statewide Rent Control AB 1482 – Are You Confused with the CPI?

Posted on 01. Jan, 2019 by .

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One would think that if it’s the job of an Assemblyman to write a bill that impacts an entire state, then it would be done correctly the first time!  Apparently, Mr. Chiu, the author of “Tenant Welfare” 1482, has created a lot of confusion throughout the state by writing one thing into law while meaning […]

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Legal Q & A By- Franco Simone

Posted on 01. Jan, 2019 by .

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Q: I am a landlord and my tenant normally pays me the rent in person. A person I have never met is trying to pay the rent on behalf of my tenant.  The check has the name of the third party on it and I do not want to create a tenancy with this new […]

Continue Reading

If You Have a Deck or Balcony, Senate Bill 721 May Affect You! By – Frank Castillo

Posted on 01. Jan, 2019 by .

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Deck and balcony safety is an important issue, and as a home or property owner it is important to stay on top of newly passed laws regarding this topic to ensure your buildings are always in compliance.

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Illegal Discrimination in Housing By- Attorney William Bronchick

Posted on 01. Jan, 2019 by .

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You want the best tenants in your property, so you have to be choosey, particular or… dare I say … “discriminatory”!  But not all forms of discrimination are illegal.  It is illegal discrimination only when you discriminate against people who are a member of a “protected” class.

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New Resident Manager Laws for 2019 By – Dale Alberstone, Esq.

Posted on 01. Jan, 2019 by .

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Hello everybody.  Most everyone hopes that 2019 will bring about a strong economy, lower taxes, world peace, and other important things like that. As the legal writer for the Apartment Owners Association, my hope and 2019 New Year’s Resolution wish for AOA members is more modest, but nonetheless extremely important.  In fact, it is the […]

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How Rent Control Drives Out Affordable Housing – Part VII By William Tucker

Posted on 01. Jan, 2019 by .

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Can Rent Control Be Abolished? Rent control makes housing less affordable to anyone seeking housing in a rent-controlled market.  Even people who already have a “great deal” under rent control become prisoners of their own apartment.  They can never move because it means being thrown into the shadow market, where prices may be three or […]

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Seattle’s Evictions Report: An Incomplete Portrait By – Christopher D. Cutting

Posted on 01. Jan, 2019 by .

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In September of 2018, the King Country Housing Justice Project and the Seattle Women’s Commission released a report they conducted of filed unlawful detainer actions in the City of Seattle in 2017. 

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Legal Q & A by – Richard Beckman

Posted on 01. Jan, 2019 by .

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Question 1: What is the maximum amount we can charge for application/screening fee for our applicants applying for rentals?

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5 Common and Costly Refinancing Mistakes By – Nick Schoch

Posted on 01. Jan, 2019 by .

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When it comes time to refinance your property, you want an easy process that gets you the best pricing. If you’re not prepared, it could hurt you with a higher interest rate, lower loan proceeds and an agonizing experience. Below are the top five issues I see investors encounter when refinancing their properties.

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Rejection of Proposition 6 Doesn’t End the Taxpayer Revolt By – John Coupal, President of Howard Jarvis Taxpayers Association

Posted on 01. Jan, 2019 by .

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It is understandable that many California taxpayers are disappointed with the election results. The defeat of Proposition 6 means that last year’s big increases in both the car tax and the gas tax imposed on us by Sacramento politicians will remain in effect and California’s drivers are stuck having the second-highest gas tax in the […]

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Legal Q & A by – Dennis Block

Posted on 01. Jan, 2019 by .

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Question One: My tenant moved out of property and I am in the process of refunding the remaining security deposit.

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Tips for Conducting Applicant Screening That Complies with Fair Housing Law By – Ellen Clark

Posted on 01. Jan, 2019 by .

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 Think Before You Speak It is natural to make friendly conversation with prospects during the application process. 

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Resident Managers: California Wage, Hour and Rent Laws for 2019- Dale Alberstone

Posted on 01. Jan, 2019 by .

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DALE S. ALBERSTONE, ESQ. ALBERSTONE & ALBERSTONE 269 S. Beverly Drive, Suite 1670, Beverly Hills, CA 90212 TELEPHONE: (310) 277-7300     FAX:  (310) 277-7307 Resident Managers:  California Wage, Hour and Rent Laws for 2019 (for owners and management companies who employ less than 26 total employees)  1.  General Rules:     A.        California minimum wage for a […]

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The Rise of Statewide Rent Control By -Grayce Long Attorney

Posted on 01. Jan, 2019 by .

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Just when you thought that you might be able to make a return on your income property investment as a landlord, then boom … Governor Newsom signs into law Assembly Bill AB 1482 imposing statewide caps on annual rent increases and “protecting tenants from unfair eviction practices.”  

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29 New Year’s Resolutions and New Laws for Landlords by – Patricia A. Harris

Posted on 01. Jan, 2019 by .

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AOA Consultants get calls daily from our members with a variety of problems; some unfortunately after our owners are already in trouble.  Please use the below as a guide to easier management, money-saving ideas and to avoid potential legal problems in the New Year.   Our goal is your continued success!

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The Bootleggers By – Zachary Lawrence JD

Posted on 01. Jan, 2019 by .

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“Bootleggers” were criminals who smuggled illegal alcohol, especially during American Prohibition and other times and places where alcohol was illegal.

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Tenant Lawsuits Proliferate Throughout Bay Area By – Daniel Bornstein, Esq

Posted on 01. Jan, 2019 by .

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When rental relationships sour, even the most conscientious investment property owners can be slapped with a lawsuit that may cost tens of thousands of dollars to defend against regardless of the merits of the case. In our 23 plus years, we at Bornstein Law have seen some reprehensible conduct by landlords that invites litigation, and […]

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President Message – Dan Faller

Posted on 01. Jan, 2019 by .

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Dear Valued AOA Member: Thank you for being a part of AOA for another year.  We’re hoping 2019 brings you much success and that we can continue to serve your needs.

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SAVE MONEY WITH AOA’S WORKERS’ COMP PROGRAM

Posted on 01. Jan, 2019 by .

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Discover How You Can Save Money!  “The goal was to create a Workers’ Compensation program that delivers the most competitive rates while upholding the best safety, loss control and claims handling practices the industry has to offer.  We believe we have achieved just that,” said Anthony Miller, CEO of GS Insurance Solutions, the exclusive agency […]

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