The Fed Open Market Committee (FOMC) which sets monetary policy met on July 25-26. As expected, the Committee made no monetary policy changes and left the Fed Funds rate unchanged at 1.0-1.25%. The policy statement which followed the late July meeting reflected the fact that inflation continues to run well below the Fed’s target rate…
Q: My tenant is two months behind on his rent He told me if I try to evict him he will file bankruptcy to stop the eviction. Can he do that?
California’s median price rose to $550,200 in May. That represented a year-over-year gain of 5.8%. It’s common for prices in the summer to be the highest price reached for the year. At $550,000, California is now only $44,000 off its peak price in May 2007 of $594,530. In our report, “2% Interest Rates, $40 Trillion…
The following letter was sent to the Mayor and City Council Members of San Jose. Ladies and Gentlemen: I lived for 28 years under the communist dictatorship in Eastern Europe! I see the signs and the threats of communism in the housing department policies! Please stop them before it will be too late! We do…
It’s Here! The FREE “Million Dollar” Trade Show and Landlording Conference! Thursday, October 19th at the Los Angeles Convention Center – West Hall A Mark your calendars for Thursday, October 19th for AOA’s “Million Dollar Trade Show and Landlording Conference” in Los Angeles. You will meet just about every contractor and vendor you will ever…
As rental property owners and managers, you have been afforded certain business liberties that you make the unfortunate mistake of not taking advantage of or enforcing. With so many entities targeting your pockets, you must be more diligent in enforcing the choices you still have and use them to your advantage. Below are eight choices…
We are taking the alphabet, letter by letter, so perhaps you can do things a little bit better to make your community open to all, and not take an unexpected fair housing fall! And, because Fair Housing covers a lot, we’ve created a resource to print out on the spot!
As a property manager, you receive more than your daily dose of drama. Much of it happens as a result of spontaneous combustion from angry occupants. Here are some ways to diffuse the situation, often ahead of time, and to keep things running smoothly. We’ve all heard the old adage, “you can’t please all the…
West Coast markets will dominate the top 10 on gross income growth in 2017 for the multifamily market, led by Seattle, Sacramento, Tacoma, Portland and Colorado Springs, according to the Freddie Mac Multifamily Research Group’s mid-year outlook. Outlook authors Steve Guggenmos and Sara Hoffmann find that the multifamily market will continue to grow for the…
California voters are pretty good at figuring out what is going in the state capital when it hits them directly. For example, recent polling shows that citizen awareness of the $5.2 billion annual gas and car tax is very high and, incidentally, very negative. But the same can’t be said when it comes to the…