In a legal case that should interest rental property owners statewide, the City of Highland in San Bernardino County is being sued for trying to arm-twist landlords and tenants into allowing warrantless inspections of their homes. In other words, the city is trying to coerce property owners and tenants into surrendering a fundamental constitutional protection:…
When I was a kid, we’d play a game called “Telephone”. A group would sit in a line of chairs and the first person would whisper a statement into the ear of the person sitting next to him or her. Let’s pretend that the whispered statement was, “I enjoy driving fast cars”.
Are smaller multifamily buildings a better fit for many real estate investors than larger multifamily commercial buildings? Investor Richard Montgomery takes on this question from a reader.
If you have, or expect to develop, a “taxable” estate (more than the estate and gift tax exclusion amounts which now protect nearly an $11 million estate for a married couple), newly Proposed IRS Regulations make it IMPERITIVE that you consider advanced estate tax planning NOW. The new Proposed Regulations, released in August, are designed…
Hello everybody. As most AOA members know, last year the State of California enacted a so-called “Sick Leave Law” to provide paid time off for California employees. Under that legislation, all employers who employ one or more individuals that work in California for 30 days or more per year must provide those employees with paid…
When a tenant decides whether or not your rental is right for their next home, what are some of the key things that will lead them to sign your lease and not the lease of one of your competitors? Do you know the key factors?
For entities who wish to bill for water, sewer, gas, or electricity, submetering may not be an option due to construction restrictions or, a limited budget. As such, owners, and operators are left searching for alternatives in the absence of submetering. The most equitable alternative is to deploy a Ratio Utility Billing System, commonly referred…
Q: I served my 3-Day Notice to Pay or Quit and accidentally made it for the full amount when they paid $50 this month. Does it matter what the amount says? They still owe me the rest of the month.
A recent study from the Levy Economics Institute found that 90% of Americans were worse off financially in 2015 than at any time since the early 1970s. Furthermore, for the vast majority of Americans, the nation’s economy is in a prolonged stagnation, far worse than that of Japan. Worse than Japan?
Question One: Prior to moving into my apartment, my tenant asked me to remove my refrigerator as she had her own unit. It is has been four years and the refrigerator has stopped working. She is stating that I am responsible to repair or replace this unit. Am I legally responsible?