Question 1: What are the requirements for when and where to install CO detectors in two-story units? Answer 1: In 2010,California enacted the Carbon Monoxide Poisoning Prevention Act. Among other things, it requires the installation of carbon monoxide detectors in “in each existing
On April 25th, 2013 the Department of Housing and Urban Development issued an update letter FHEO-2013-01 regarding service and assistance animals with direct application to residential housing. This letter tied together
I believe that the “Systematic Code Enforcement Program” is a SCAM and that is why landlords in the City of Los Angeles must come together and become proactive to get rid of this very bad LAHD law/policy. The LAHD claims they have the legal authority to enter your apartment building and go through all your…
Solo 401k is the ultimate retirement plan that offers powerful advantages for real estate investors. Solo 401k is also known as the Individual 401k or Owner-Only 401k and is an IRS-approved Qualified Retirement Plan (QRP) that has been simplified for the
According to San Francisco Rent Board Rules and Regulations 1.21, in order to qualify for rent control, a tenant must occupy the rental unit as his principal place of residence. The tenant need not be physically present in the unit at all times or continuously in order for the Rent Board to consider
WASHINGTON, D.C.—While demand for apartment homes remained strong, rising interest rates exerted negative pressure on the industry’s ability to secure debt financing according to the National Multi Housing Council’s (NMHC) July Quarterly Survey of Apartment Market
Picture this…Captain Craig has invited you to spend a month sailing the Caribbeanwith all the lobster you can eat! Your captain has only one rule -“no telephone calls, no E-mail, no texts”. Will your properties run smoothly while
Why are we landlords afraid to make tough decisions when it comes to screening prospective tenants? Have you noticed that some potential applicants become pushy or demand sympathy? Haven’t we all heard the same excuse from applicants, “the information you’re asking for is buried somewhere
DATELINE CHICAGO: Mayor warns property taxes could be going up 150%. Suppose the mayor of your city announced a property tax hike of 150% or, stated another way – two-and-a-half times your current tax. A homeowner accustomed to paying $2,000, would see their next bill increase to $5,000, while a bill of $4,000 would jump…
My personal investment strategy has constantly changed over the years as I’ve discovered what works, what don’t and how to “tighten up” my deals to maximize cash flow. I’ve always felt that investing alone is better than