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Archive for September, 2019

UPDATE on Statewide Rent Control AB 1482

Posted on 06. Sep, 2019 by .

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Update on the Statewide Rent Control from Attorney Michael Millman OPPOSE AB 1482 ; as amended;  Sacramento super Power Players have been meeting at the Governor’s Office for many weeks and negotiating a compromise RENT CAP Bill. All amendments must be completed by Friday September 6 2019.  Economic Round Table; Blackstone; Realtors; CAA ; Building Industry were at the […]

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Americans Claim Social Security Benefits Too Early By – Gary Halbert

Posted on 01. Sep, 2019 by .

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Before I jump into our main topic today, note that the first estimate of second quarter GDP came in better than expected at 2.1% (annual rate) last Friday and is expected to improve in the last half of this year. Now let’s get started.

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Soft Story Retrofitting – Still Puzzled? Ask the Expert! By Dee Soffer

Posted on 01. Sep, 2019 by .

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Q1: I own a soft-story property in LA and received a notice to comply almost two years ago. I got too busy and did not hire an engineer yet so I am concerned that I may not be able meet the submission deadline.  What are my options? Are there any fees or penalties involved?

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Rent Stamps Could Provide Some “Social Justice” For Rental Property Owners and New Renters By – Brian Wallace

Posted on 01. Sep, 2019 by .

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In 1979, when rent control was first passed in San Francisco, two important issues were not addressed: A needs-assessment of renters and The disproportionate social obligation imposed on those providing the housing How many of us know renters whose annual income far exceeds that of the property owner from whom they are renting?  This is […]

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It’s Here! The FREE “Million Dollar” Trade Show and Landlording Conference! Thursday, September 12th at the Los Angeles Convention Center – West Hall A

Posted on 01. Sep, 2019 by .

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Mark your calendars for Thursday, September 12th for AOA’s “Million Dollar Trade Show and Landlording Conference” in Los Angeles. 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 help us celebrate and who knows, you may even go home with […]

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Spotlight on Sexual Harassment in Housing By – Ellen Clark

Posted on 01. Sep, 2019 by .

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While harassment of any kind is illegal, the topic of sexual harassment warrants special consideration. Every year, thousands of people face unwelcome comments and requests for sexual favors from landlords, property managers, maintenance workers, and security guards.

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Something to Think About #84: Information, Not Advice – Part 4 by Klarise Yahya

Posted on 01. Sep, 2019 by .

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Continued from Part 3 . . . The Horse One SD is defined as the range about the average return containing 68% of the data points, with half the data points being beneath the average return and the other half being above. Relative to any given asset, those two figures will reveal (a) how much […]

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NEWS RELEASE

Posted on 01. Sep, 2019 by .

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Multifamily Housing Survey Finds Strong Demand But Rent Control Threatens to Dim Outlook WASHINGTON, D.C. — The enduring strength of the apartment market was the main takeaway of the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for July 2019, as the Market Tightness (60), Equity Financing (56), and Debt Financing (80) […]

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California’s Housing Shortage -By Terry Moore

Posted on 01. Sep, 2019 by .

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You can’t have a conversation about the housing situation in California today without the words “shortage” or “crisis.” National media love to write about our “astronomical” housing prices and rents. Unfortunately, the crisis is real, and Californians don’t seem to have the political will to do anything to solve it.

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Attention Landlords! How to Write-Off Practically Anything By – Karla Dennis

Posted on 01. Sep, 2019 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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