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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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UPDATE on Statewide Rent Control AB 1482

Posted on 06. Sep, 2019 by .

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Update on the Statewide Rent Control

from Attorney Michael Millman

OPPOSE AB 1482 ; as amended;  Sacramento super Power Players have been meeting at the Governor’s Office for many weeks and negotiating a compromise RENT CAP Bill. All amendments must be completed by Friday September 6 2019.  Economic Round Table; Blackstone; Realtors; CAA ; Building Industry were at the Table in the Governor Office. Deal is done. This Team was very concerned about possible State Wide Campaign as ” Son ” of Proposition 10. AID Foundation was considered in the Deal. Weinstein does not have the Signatures and required Money. He has signed off on the Deal. Bill to be printed today.  Realtors and others will have the Bill. There are many Housing Issues which address Back Stone problems? Experts believe that David Chiu will consider Exempting New Construction for 25 Years or more ? ADU’s must be exempt ? […]

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Vote NO on Measure EE!

Posted on 23. May, 2019 by .

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If you own or rent an apartment, office, commercial, or industrial space in an area of Los Angeles County that is serviced by the Los Angeles Unified School District, you must read this.

It does not matter if you are an owner or renter, as a result your property taxes and/or your rent will be going up if Measure EE is approved.

To prevent this from happening on June 4th, or sooner if you vote by mail, you MUST vote “NO” on Measure EE. […]

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Legal Q & A by – Richard Beckman

Posted on 01. May, 2019 by .

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Question 1:  I have a question regarding getting additional security deposit from a tenant in a rent controlled Oakland apartment. Tenant has been in building in Oakland for 20 years. Security deposit is currently $725.00. Current rent is $1,277.00. Would like to increase security deposit to $1300. Can I do so? What form do I use (change in terms of tenancy)? Is this enforceable in Oakland as far as evicting the tenant if they do not pay, or is it small claims court? Or, should we do nothing?
[…]

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Your Property Taxes Could Rise 700% By – Jon Coupal, President of Howard Jarvis Taxpayers Associatiom

Posted on 01. May, 2019 by .

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The anti-Prop.13 coalition filed a ballot measure for 2020 that would let local bureaucrats
reassess property and raise property taxes without limit – just like the Bad Old Days before
Proposition 13. […]

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Discrimination Against Children: Pitfalls and Traps By – Dale Alberstone, Esq.

Posted on 01. May, 2019 by .

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Hello everybody.  AOA members know the general rule:  It is unlawful for a landlord to discriminate against children, or to discriminate against tenants on account of them having minors.  The California Supreme Court first imposed the prohibition of discriminating against families with children in 1982, relying on the California Unruh Civil Rights Act, in the seminal case of Marina Point v. Wolfson. […]

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Do you want a utility company monopoly?

Posted on 01. May, 2019 by .

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Dear AOA Members –

I am writing to inform you about an important proceeding underway at the California Public Utilities Commission (CPUC) that could impact 90 percent of property owners in Southern California, including apartment owners.

On the heels of soft-story retrofits, new solar requirements, and a proposed new parcel tax in Los Angeles (please vote “NO” on EE!), all of which add up to tens of thousands of dollars in out of pocket costs, apartment owners in Southern California could soon be forced to replace their natural gas appliances with electric only versions.    […]

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Management Tips from MRLANDLORD.COM

Posted on 01. May, 2019 by .

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Additional Income When Renting to Pet Owners
The following are a few examples of how landlords are able to generate additional income
as they work to accommodate pet owners who wish to rent their property. […]

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Higher Home Prices Nationwide Underscore Push Toward Apartments By – Paul Owers

Posted on 01. May, 2019 by .

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Rising prices are likely to curtail home buying in major markets nationwide over the next three to five years, a sign of strength for rental property and apartment development. […]

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The Abuse of the Trash Monopoly Continues! By – Victor Bardack

Posted on 01. May, 2019 by .

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Two and one-half years ago, despite overwhelming property owner opposition, Mayor Eric Garcetti and his
City Council abandoned a system of trash collection by competitive bidding and instituted a trash monopoly
system where trash corporations were awarded monopolies for specific areas. The trash corporations assured the Mayor and the Council that these monopolies would lead to operation efficiencies and could bring collection cost down, as much “as 10 to 20%.” […]

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