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Archive for April, 2020

Are You in Compliance With the EPA Lead-Based Paint Law? By-Patricia Harris

Posted on 01. Apr, 2020 by .

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A previous article warns us of imposed fines for not following the EPA’s Lead Renovation, Repair and Painting (RRP) rule.  Two companies were just fined over $42,000!If your property was built before 1978, lead based paint was most likely used in its original construction. As an owner, hopefully, you are well aware of the dangers […]

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“I’ll Double My Laundry Income …” By-John Cottrell, General Manager, All Valley Washer Service

Posted on 01. Apr, 2020 by .

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If I only had a roll of quarters for every time I heard that statement from an apartment owner interested in purchasing their own machines.  After further research, they usually come to realize that the “agitation” of owning their own might be more than they think.

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AOA’s Required Statewide Forms Now Available!

Posted on 01. Apr, 2020 by .

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As you are aware, California now has statewide rent control and with it comes some additional form requirements and updates to our Rental Agreement and/or Lease.

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Legal Q & A By-Richard Beckman

Posted on 01. Apr, 2020 by .

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   Question 1: My tenant complained about mold after a recent rain, and it’s the first I’ve heard of any problem with any water intrusion into the apartment (apparently, there was a cracked window that allowed a small amount of moisture to seep in which eventually resulted in mold below the window). The tenant is threatening […]

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Signage for California Multi-Family Rental Property By-Jamie Sternberg

Posted on 01. Apr, 2020 by .

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There are several signs that California multi-family rental property owners and managers should consider posting, depending on the characteristics of the property. 

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Petition to Our Governor, Mayors of all California Cities, City Councilmembers and County Supervisors

Posted on 01. Apr, 2020 by .

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PRAY! To those of you who pray, we hereby ask you to pray to God for wisdom and understanding; for help in reacting and asking others to react properly to the coronavirus and the housing crisis; for a good and accurate understanding of the needs of those who consume housing and those who provide housing, […]

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Living Trusts, Arbitrations and a Riddle! By-Dale Alberstone, Esq.

Posted on 01. Apr, 2020 by .

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Hello everybody.  It marvels me how often apartment owners enter into leases in the name of their family living trust, or worse still, file lawsuits under the name of the trust.  

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Legal Q & A By-Franco Simone

Posted on 01. Apr, 2020 by .

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  Q: Another landlord I know told me that my rental property is exempt from California rent control known as the Tenant Protection Act of 2019. What types of rental properties are exempt from rent control?

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Legal Q & A By-Dennis Block

Posted on 01. Apr, 2020 by .

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Question One: I recently purchased a house at a foreclosure sale. The previous owner refuses to talk to me and states he will not be vacating the house. He told me that I would be arrested as a trespasser if I came back to the house. How can this be since I am the owner […]

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Don’t Let Your Estate Plan Become “HAZARDOUS” to Your Family! By-Kenneth Ziskin

Posted on 01. Apr, 2020 by .

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Sound estate planning is not just about taxes, although that is often the “hazard” that motivates apartment owners to do, or update, their estate planning.  Instead, it is really about taking care of everyone you love and everything you own.  Of course, the tax component of good estate planning means there can be more wealth to take […]

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Recoup Up to 50% of Seismic Retrofit Cost from Tenants By-David Crown

Posted on 01. Apr, 2020 by .

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You can never be too ready. After a 6.4 earthquake in Ridgecrest this past Fourth of July and a 7.1 in the same region just two days later, Southern California residents understandably felt some tremor terror. Most of us were more concerned about what hadn’t happened than what had — the U.S. Geological Survey says […]

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Something to Think About #91 – Information, Not Advice Part 11 By-Klarise Yahya

Posted on 01. Apr, 2020 by .

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As we know, stocks are equity interests. The holder of a share of stock has a partial ownership in the corporation. If the company prospers so do the shareholders, but the opposite happens as well. If a company disappoints, share prices will reflect as much. Thus, stock values are notoriously volatile. Sometimes they can soar […]

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COVID-19 – Eviction Lawsuits Proceed in California Despite Relief for Some Tenants By-CalMatters

Posted on 01. Apr, 2020 by .

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The wheels of the eviction process are still turning in many parts of the state, and renters remain subject to ejection for many reasons. Questions are emerging about how to handle cases not related to the pandemic. Pandemic or no pandemic, landlords’ attorney Dennis Block is still trying to evict renters. As public health authorities advise Californians […]

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How the New State ADU Law Affects Apartment Owners By-Sheri Swist

Posted on 01. Apr, 2020 by .

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Apartment owners may not think of Alternative Dwelling Units (ADUs), commonly known as “granny flats,” as being applicable to their multi-family structures.  Previously, ADUs were only considered additional living quarters on lots that have a single-family home, such as guest houses or garage conversions. They often had restrictive and burdensome requirements such as an owner […]

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What Does it Mean to “Replace Debt” in a 1031 Exchange? By-Alex Madden

Posted on 01. Apr, 2020 by .

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1031 Exchanges and Debt Replacement The reason for selling and buying real estate via a 1031 exchange is to defer capital gains tax that would otherwise be due on the sale. By “exchanging” one or more pieces of property for one or more like-kind pieces of equal or greater value, and by adhering to IRS […]

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City Hall Scandals and the Housing Shortage By-Noni Richen, President of San Francisco Small Property Owners Association

Posted on 01. Apr, 2020 by .

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Can you believe what is happening at City Hall? All the revelations of questionable conduct and decisions are shocking and disappointing. The investigation is dubbed “an FBI wide-ranging corruption case.” It seems we should be bracing ourselves for the next volley. Wouldn’t it be great to have an investigation of all departments by an impartial […]

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DID YOU KNOW By-Dennis Block

Posted on 01. Apr, 2020 by .

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Eviction of Former Owner Not all eviction cases involve tenants. In some cases, an unlawful detainer can involve the eviction of the former owner. This can come up in two situations. In one scenario the former owner has sold the house and refuses to vacate. There is also the situation where the premises have been […]

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OPEN LETTER TO CITY COUNCIL MEMBERS REGARDING EVICTIONS MORATORIUM

Posted on 01. Apr, 2020 by .

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Dear Members of the Council: As an owner and manager of income property, I have been losing the struggle for fairness from this Council. The last four years have seen a steady reduction of property rights via the implementation of a terrible Rent Control, Tenant Protection and the Ellis Act.  

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PA Fines Two Companies Over $42,000 for Lead-Based Paint Violations From the Environmental Protection Agency

Posted on 01. Apr, 2020 by .

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NEWS RELEASE The U.S. Environmental Protection Agency (EPA) announced two settlements in San Diego County, California, for violations of federal regulations related to lead. 

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39 Money-Saving “Short Cuts” for Rental Housing Providers By-Bob Ruda

Posted on 01. Apr, 2020 by .

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39 Money-Saving “Short Cuts” for Rental Housing Providers

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The Importance of the Move-In/ Move-Out Inspection By-Robert Griswold

Posted on 01. Apr, 2020 by .

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The number one source of resident/landlord disputes is the disposition of the resident’s security deposit.  Many of these potential problems can be resolved with proper procedures even before the resident takes possession of the rental by using a move-in / move-out inspection checklist.  

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Property Manager Ordered By Court to Pay $160,000 in Sexual Harassment Settlement! By- the Editors of the Rental Housing Journal

Posted on 01. Apr, 2020 by .

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A Kansas property manager and his wife must pay $160,000 in damages and civil penalties to resolve a sexual harassment Fair Housing Act lawsuit alleging that he harassed numerous female tenants since at least 2009 at residential properties he owned or operated, according to a release from the U.S. Department of Justice.

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Protecting Taxpayers in a Time of Crisis By-Jon Coupal, President of Howard Jarvis Taxpayers Association

Posted on 01. Apr, 2020 by .

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The word “unprecedented” is fitting for the coronavirus crisis that is now savaging both the health of countless Americans as well as our nation’s economy. Not since September 11th has the United States faced such a challenge.

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