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Archive for September, 2017

Letter to the Mayor Regarding the Trash Monopoly

Posted on 20. Sep, 2017 by .

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Below is a letter an apartment owner wrote to Mayor Garcetti and Councilman Bonin regarding the trash monopoly.  They included their old invoice, new service rates breakdown and photos as proof of how this trash monopoly has been affecting apartment/business owners in Los Angeles! [...]

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“L.A. Trash Bandits” Rob Apartment Owners and Business Owners! Shame on You, Mayor Garcetti and Los Angeles City Council!

Posted on 13. Sep, 2017 by .

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Do you know that some housing providers have already received notices from their new City- appointed trash haulers that their rates will be increased by at least 100%?!  You should know it – you passed this outrageous law!  You even promised us that the rates would be lower.  One housing provider just now reported that her rates were increased from $95 a month to $255.  That’s a 168% increase!  Another 54 units was raised from $400 to $2,300 – 283%! [...]

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Can a Tenant Sue a Landlord for Allowing Secondhand Smoke? – by Dale Alberstone, Esq.

Posted on 01. Sep, 2017 by .

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Hello everybody.  Let me confess at the outset that I detest the smell of cigarette smoke.  I don’t like to be in a room where someone is smoking and I learned as early as high school that I didn’t even like to kiss someone who was a smoker.

Still, I am a strong believer in the right of owners of private enterprises to adopt (or chose not to adopt) rules and regulations relative to the operation of their businesses, including those pertaining to smoking.  In general, my view is that if customers do not like the way a company operates its business, then they can shop elsewhere. [...]

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Letter to the Editor…Rent Control Destroys!

Posted on 01. Sep, 2017 by .

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Dear Dan:

The below letter was sent to Steve Lopez at the Los Angeles Times.

Dear Sir:

I appreciate that you attempt to be “fair-minded” when you talk about the housing crisis.  I remember, as you suggest, that my son, Jeffrey, reminded me that after viewing the feature film, La La Land, Los Angeles would probably enjoy another 30,000,000 or more new relocated citizens. [...]

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Multifamily Has Many Reasons to Lend a Helping Hand to the Homeless – by Andy Helmer

Posted on 01. Sep, 2017 by .

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There’s no way around it: too many Americans are experiencing homelessness. According to the most recent statistics from the Department of Housing and Urban Development (HUD), nearly 550,000 people were homeless in this country on a single night in January 2016, and 22 percent of those were children. That 550,000 figure actually represents a 15 percent decrease from nine years earlier, but the number is still way too large. Over the course of a given year, according to estimates, 3.5 million Americans experience homelessness. [...]

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Don’t Let Your Estate Plan Be a Hazard for Your Family! – by Kenneth Ziskin, Attorney

Posted on 01. Sep, 2017 by .

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My wife, Hinda, who helps me with planning for clients, and I  have been lucky enough to meet hundreds of wonderful apartment owners though the AOA seminars we have done throughout California.  The majority of them planned ahead years ago and build living trust based estate plans to protect their families.

Unfortunately, almost all the plans we reviewed (some just a few years old, and some decades old) have now become “HAZARDOUS TO FAMILY WEALTH.” [...]

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Legal Q & A – by Richard Beckman

Posted on 01. Sep, 2017 by .

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Question 1:    I read you have a new firm name and address. What’s going on?
Answer 1: I am pleased to announce that Beckman Blair LLP has joined the esteemed Berkeley firm Buresh, Kaplan, Feller and Chang P.C. and the combined firm will be known as Beckman Feller & Chang P.C. As of August 1, 2017, the firm began operating under its new name at two Bay Area locations. The main office will be located in Berkeley, at 2298 Durant Avenue, Berkeley, CA 94704, Phone: (510) 548-7474, Fax: (510) 548-7488. The firm will also relocate its San Francisco office from the current Spear Street address to 351 California Street, Suite 615, San Francisco, CA 94104.  The telephone number for the San Francisco office will remain the same. The new firm will have a new website address – BFC-Legal.com. Email sent to our prior email address will be forwarded to us at our new email address, which will be used starting August 1, 2017. [...]

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Landlord to Pay $20,000 to Settle Pet Discrimination Case – by the Editors of Rental Housing Journal

Posted on 01. Sep, 2017 by .

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The owner of several Reno, Nevada apartment complexes has agreed to pay $20,000 to settle allegations of  pet discrimination and Fair Housing Act violations involving requiring pet deposits from prospective tenants who require assistance animals, according to a release. [...]

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High Life Versus High Wealth: 12 Common Traits of Millionaires – Part Two – by Terry Moore, CCIM

Posted on 01. Sep, 2017 by .

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Last month, I discussed the Millionaire Next Door and pointed out how Daily Transcript subscribers, rental owners and millionaires had at least six common traits.

After studying wealthy people in America, two professors, Thomas Stanley and Bill Danko wrote and published this book in 1996. Coming up on its 20-year anniversary, its findings still ring true. Transcript subscribers, like rental owners, who make wise choices, are likely to build legacy wealth.

Consider these next six of the twelve things that millionaires have in common with San Diego Daily Transcript readers: [...]

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What Your Residents Need to Know About Dry Drowning – by Kings III Emergency Communications

Posted on 01. Sep, 2017 by .

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Have a pool on your property?  You know that presents a whole new set of safety issues that you, as the property manager/owner are liable for.  With pool season in full swing, it is no surprise that there have been an increasing amount of drownings and other pool horror stories present in the spotlight lately.  Most recently, one reported story hit close to home for us here at Kings III.

Over Memorial Day weekend a four-year old took a swim and ended up passing away a day later due to dry drowning.  [...]

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