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Archive for May, 2018

“Trump Bump” Rescues California’s Unemployment Fund – by Jon Coupal, President of Howard Jarvis Taxpayers Association

Posted on 01. May, 2018 by .

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America’s economic recovery has benefited California more than most states because the real estate crash hit the Golden State a lot harder. In other words, we’ve had to claw our way up from a deeper hole. The good news is that the strength of the recovery is impressive. [...]

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More Adults than Ever Living with Roommates Due to Rental Costs – by the Editors of the Rental Housing Journal

Posted on 01. May, 2018 by .

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As rents across the country rise, the number of working adults living with roommates or parents in order to cut costs and share living expenses has grown rapidly, according to new research.

“As rents have outpaced incomes, living alone is no longer an option for many working-aged adults,” Zillow senior economist Aaron Terrazas, said in the release.  [...]

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How to Write Off Practically Anything – by Karla Dennis

Posted on 01. May, 2018 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 think. That’s group number one. [...]

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Are You Properly Marketing Your Vacancies? – by Brent Williams, Multifamily Insider

Posted on 01. May, 2018 by .

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Marketing can hit you in all sorts of different ways, from making you fearful, anxious, excited, or even empowered.  Great marketing fills the audience with a powerful emotion that leads to ultimately craving that product or service.  Today I would like to take you on a journey, starting with some unbelievable marketing and leading to a graveyard of uninspiring apartment listings.

My journey started off by seeing an absolutely wonderful example of marketing.  [...]

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What’s in Store for California Real Estate? – by Bruce Norris, The Norris Group

Posted on 01. May, 2018 by .

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The next few months will tell the story for California real estate 2018. The peak median price for the year is usually May or August of a calendar year. The lowest price for the year is February. [...]

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Legal Q & A: Abandoned Property – by Franco Simone, Esq.

Posted on 01. May, 2018 by .

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Q:  I served my residential tenant with a three day notice to pay rent or quit and he called me during the 3 Day Notice period to tell me he moved and I could take back possession of the property. He left the keys on the counter and he left some of his stuff behind. What do I do with the stuff he left? [...]

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INTRODUCING THE NEW AOA WORKERS’ COMP PROGRAM

Posted on 01. May, 2018 by .

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Discover  How You Can Save Money!

“The goal was to create a Workers’ Compensation program that delivers the most competitive rates while upholding the best safety, loss control and claims handling practices the industry has to offer.  We believe we have achieved just that,” said Anthony Miller, CEO of GS Insurance Solutions, the exclusive agency for AOA. [...]

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Letters to the Editor…

Posted on 01. May, 2018 by .

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Happy Members!

Dear Dan: We are so pleased to be members of AOA – attending seminars, going to the Convention Center in Long Beach and utilizing the web site.  This morning for the first time (I am pretty old-school), I used the online form to give a 60-day notice for a rent increase. THANK YOU!  It was so much easier than I ever thought it would be.  Thank you for a great web site, a really top-notch organization and fine seminars and staff.

We use QuickBooks because of you.  We re-did our Family Trust because of you.  Can’t begin to say how much we appreciate AOA.  Sincerely, Garth and Mary Reid, La Palma, CA [...]

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Cash Flow Versus Equity Growth (Which One Wins?) – by Larry Arth

Posted on 01. May, 2018 by .

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A typical phone call comes in where the investor on the other end wants to inquire about investment properties. Any guess as to what is the first question I ask them? “What is most important to you – cash flow or equity growth”? The typical response, of course, is both! I understand that we want to have it all, but the question is designed to help identify what is most important to you within an investment.

Having a mix of cash flow and equity growth (appreciation) is important to most investors and identifying which is most important will help with your investments performing the way you wish them to perform. [...]

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Lease Options – Updated for 2018 – by Dale Alberstone, Esq.

Posted on 01. May, 2018 by .

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Hello everybody.  In light of a new decision issued on March 15, 2018 by the California Court of Appeal about lease “options,” it is timely for this month’s article to reexamine them.

In this new case (Petrolink v. Lantel Ent.) the appellate court was presented with a lease agreement that gave the lessee an option to purchase the property from the lessor at a price equal to “the fair market value based on an appraisal.”  The lease did not specify a specific amount for the purchase or who would perform the appraisal. [...]

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