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Archive for October, 2019

Democrats get SLAPP’d for First Amendment Violation By – Jon Coupal, President of Howard Jarvis Taxpayers Association

Posted on 01. Oct, 2019 by .

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Democrats pay lip service to the First Amendment and claim to encourage political engagement but, in reality, their desire is to silence all views but their own. Last month, a Court of Appeal made them pay for their hypocrisy. […]

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DID YOU KNOW? By – Dennis Block

Posted on 01. Oct, 2019 by .

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Failure to Pay a Security Deposit

It is unwise for landlords to lease a unit without first obtaining the required security deposit. Promises to pay the security deposit at a later time or in installments, will usually result in an eviction action being filed. If this is your situation, be advised that you do not serve a 3-Day Notice to Pay Rent or Quit. That notice is only to be used when rent is owed. In this case, the proper notice would be a 3-Day Notice to Perform or Quit. The notice should state how much security is owed, when it was to be paid and the amount that needs to be paid within 3 days. If the sum is not paid within the 3 day period, you would then commence the unlawful detainer. During the eviction action you may not accept any future rent that becomes due, as this would void your legal action. […]

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Brand New 3-Day Notice Laws and Brand New Unlawful Detainer Laws By – Dale Alberstone, Esq.

Posted on 01. Oct, 2019 by .

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Hello everybody.  In case you are not aware, on September 1, 2019 new 3-Day Notice laws and New Unlawful Detainer laws took effect.  And they affect every landlord in California who serves a 3-Day to Pay Rent or Quit and every landlord who files an eviction action against a tenant.  […]

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Critical Living Trust and Estate Planning Mistakes By – Michael K. Elson, Attorney

Posted on 01. Oct, 2019 by .

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With proper guidance, drafting, and implementation, your living trust estate plan will be effective to avoid probate, unnecessary taxes, and court control of your assets at your death or in the event of incapacity.  However, without proper guidance, it is easy to make mistakes. First of all, incorrect assumptions or lack of prioritizing may lead to the failure to create a living trust.   […]

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The High Cost of Rent Control – Part I By – the National Multifamily Housing Council

Posted on 01. Oct, 2019 by .

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That rent control is an ineffective and often counterproductive housing policy is no longer open to serious question.  The profound economic and social consequences of government intervention in the nation’s housing markets have been documented in study after study over the past twenty-five years.  In response to this hard-earned experience, states and local jurisdictions from Massachusetts to California have banned or greatly constrained rent control.   […]

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What are the 7 Traits of a Successful Wholesaler? By – Sharon Vornholt

Posted on 01. Oct, 2019 by .

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Wholesaling is a popular real estate strategy, and it’s one that I believe should be in every investor’s toolbox. In its simplest form, wholesaling is buying a property at a deep discount and then selling it to someone for a higher price.

Now you might be wondering, what are the traits of a successful wholesaler and what exactly does someone need to know to be successful at wholesaling? Before we dive into that, let’s talk a little bit about how investors chose their investing strategy. […]

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Legal Q & A by – Richard Beckman, Attorney

Posted on 01. Oct, 2019 by .

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Question 1: Can you review any new landlord-tenant laws for 2019?
Answer 1: Yes. There were several new state-wide laws affecting landlord tenant relations, but the one that may make the most impact is Assembly Bill No. 2343, which removes weekends and court holidays from the calculation of when a three day notice to cure or quit expires, and does the same for the period a tenant is given to respond to an unlawful detainer lawsuit. Thus, under the old law, a three day notice served on the tenant on Friday expired the following Monday. AB 2343 took effect  on September 1, 2019, which means the notice would not expire until the following Wednesday.  […]

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A Landlord’s Open Letter on Why He is Getting Out of the Business – Will California Rental Property Owners Follow?

Posted on 01. Oct, 2019 by .

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Here is one landlord’s open letter on why he’s getting out of the rental property business, and therefore no longer needs our newsletter. It is something he thought we should share with our readers. […]

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The Rich Do Have a Secret

Posted on 01. Oct, 2019 by .

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A version of this article by Dr. David Eifrig first appeared on June 15, 2019 in the Stansberry Digest, published by Stansberry & Associates Investment Research, an independent investment research firm.  You can visit them at www.stansberryresearch.com.

Many Americans – average folks working to build a comfortable life – assume the “rich” have a secret – it seems they know something about “how the world works” that the rest of us don’t.

If these regular folks could just figure it out, they’d be wealthy, too. They’d live with less stress, more time, and more money. And money, after all, gives you the freedom to do what you want.

It turns out that the wealthy do harbor a secret – three of them, in fact. And today, I’m going to share them with you.

These secrets (or “tenets”) not only build wealth, they allow you to use it to live the life that you want to live. So if you’re not happy with your current finances, then it should be obvious that what you’ve done so far hasn’t worked. Your approach needs to change at a deeper level. If you’d like to understand how to truly build wealth, and use it to live freely, here’s how you need to think: […]

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Something to Think About #85: Information, Not Advice Part 5 by – Klarise Yahya

Posted on 01. Oct, 2019 by .

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Continued from Part 04  . . . Standard Deviation (“How sure am I to get it?”)

The standard deviation (SD) straddles the mean (the “average”), with half the SD on one side and the other half on the opposite side. […]

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