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Archive for January, 2018

Letters to the Editor…TRASH MONOPOLY IS RUBBISH!

Posted on 01. Jan, 2018 by .

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The below letter was sent to:

Dear Mayor Garcetti and Councilpersons:

For over three months we’ve been dealing with this terrible trash problem at Regent St., Los Angeles.   This is only one of the many sites where we have trash collection problems with Athens Services!  The new city garbage monopoly has radically increased the fees while eroding trash services.

Attached please see the photos taken today demonstrating Athens Service’s total disregard of their obligations!

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Understanding the Impact of Late Rent – by Lori Hammond

Posted on 01. Jan, 2018 by .

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How is a property affected by late rent? Unpaid rent obviously affects a property’s financial performance. It’s lost or at least delayed revenue. Expenses related to unpaid rent are filing fees, court costs and attorneys.  The impact on the property exceeds these financial costs.  [...]

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Government Intervention is Wrong! Open Letter to Jan Perry – by Michael Millman, Esq.

Posted on 01. Jan, 2018 by .

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Dear Ms. Perry:

Thank you for your excellent leadership in connection with promoting affordable housing and opportunities for small family-owned apartment owners to continue to operate within the City of Los Angeles.

As you’re certainly aware, having served for many years on the Los Angeles City Council “Housing Committee”, many of your friends do not believe that the current Rent Stabilization program is fair.  For example:  [...]

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Legislature Passes, Governor Signs 15 Housing-Related Bills – by Deborah Lopez, SPOSFI Business Member15

Posted on 01. Jan, 2018 by .

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The 2017 legislative year has come to a close, with the California Legislature passing a total of 977 bills. The Governor signed 859 of them and vetoed 118. Blessed with a Democratic super-majority, Governor Brown had good reason to be pleased with what he was able to accomplish.

San Francisco’s state representatives had a good year, too. Senator Scott Wiener had 12 bills signed into law, with eight still wending their way through a two year process. Assemblyman David Chiu, another prolific lawmaker, co-authored some of the bills and had some of his own signed into law. [...]

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TRASH MONOPOLY IS EXTORTION!

Posted on 01. Jan, 2018 by .

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The below letter was sent to Councilman Krekorian:

Last Friday, I had two “mafia-like” enforcers enter my office and tell me that if I wanted to continue to do business in my neighborhood, (your district 2), I would have to do business exclusively with them.  They proceeded to give me extortion pricing for their services and told me I had no choice but to comply or I would face severe repercussions.  They claimed that they represented a company called Waste Management, but clearly this is just a “mob-like” front since no legal private company is allowed a monopoly, price fixing, or threatening customers with repercussions if they don’t “buy” services.  As they left, they mentioned that I would be hearing from their boss, a Mr. Garcetzioni or Garcetti, or something like that.  The Justice Department has long prosecuted this kind of behavior, but they insisted it was now legal. I was left feeling incredibly upset with my rights violated. [...]

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Legal Q & A – by Richard Beckman

Posted on 01. Jan, 2018 by .

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Question 1: Are there any new laws for 2017 we should know about? [...]

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MrLandlord.com Tips on Management (Shared by Landlords Nationwide) – by Jeff Taylor, Mr. Landlord

Posted on 01. Jan, 2018 by .

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Target Markets

One landlord on our Q&A Forum, known as NE (PA), was getting extremely frustrated with trying to increase the rent prices with his properties. His concern was that all renters were interested in was the price, price, price.

My Response: I would dare say that you are focusing on the wrong thing. Your focus should not be “price, price, and price”. If your priority is higher rents, your focus should be figuring out how to reach out (and cater) to the right target market, target market, target market. Here’s part of the discussion that followed, with a couple of other landlords chiming in. [...]

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

Posted on 01. Jan, 2018 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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Legal Q & A – by Dennis Block

Posted on 01. Jan, 2018 by .

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Question One: Am I obligated to give a receipt to my tenant, when the rental payment is made by a personal check? I never receive a receipt when I pay my property taxes or if I make a mortgage payment.
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Leadership in the New Year: 10 Lessons from the Best – by Terry Moore, CCIM

Posted on 01. Jan, 2018 by .

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The 19-year-old, second lieutenant arrived in the trenches inhabited by battle hardened veterans. He didn’t know squat. They all understood that. Yet, in spite of his inexperience, he found ways to lead and saved them all from the single, biggest cause of being removed from the front. It wasn’t the enemy army that took the biggest toll. [...]

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