The Americans with Disabilities Act (ADA) has a variety of requirements that apply to parking lots. Every day I come across parking lots that do not fully meet the ADA’s Federal and State standards and leave the property owner at risk of an ADA lawsuit. In California, all businesses, apartment buildings, shopping centers or buildings…
If you’ve missed some of the prior articles, basic guidelines on successful investing are in my book “Stairway to Wealth” available at LuLu.com. Continued from Part 28: This is not a difficult scenario to imagine. We’ve just passed through a period when interest rates were artificially maintained at, someone wrote, “the lowest in 5,000 years”.…
Question One: I had a tenant sign a one-year lease which will expire on Feb. 28, 2018. On Dec. 15, 2017, he served me with a 30 day notice that he would be vacating as of Jan. 15, 2018. I have since leased the unit, effective Feb. 1, 2018. Is my original tenant liable for…
January 12, 2018 Mayor Eric Garcetti City Hall 200 N. Spring Street Los Angeles, CA 90012 Mayor Garcetti: Enclosed is the January issue of the Apartment Owners Association News. Over 100,000 copies are mailed out each month to housing providers and other businesses. As you can see by the cover, this new trash contract has…
Question 1: An existing tenant had a dish antenna installed several years ago on the roof. The building’s roof will soon be replaced (repaired) which will require the antenna’s removal. Who is responsible for the cost to re-install (re-calibration fee) the antenna?
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 forms to give a 60-day notice for a rent increase. Thank you! It was…
Q: I am a landlord of an apartment complex. I have several tenants that receive government assistance through Section 8 housing. All of my Section 8 contracts state the landlord is responsible for paying the water bill. However, I have one tenant that always has a really high water bill. He agreed to a rent…
Whether you are BRAND NEW to real estate investing or an expert in the game, it is critical that you understand these 7 Simple Steps to real estate investing. First Things First Real Estate is NOT a get rich quick scheme. However, if you learn the foundations and put them into practice, you will make…
There are situations in life when a landlord is presented with a problem to solve and the choices for solving the problem are all lousy. A Florida woman was arrested just days before her 94th birthday, when she refused to leave her home after being evicted, police said. As of this writing, the woman remains held…
Hello everybody. From what I have observed over the decades, most apartment owners are law abiding investors who endeavor to conduct their business ethically and with integrity. Indeed, they have too much to lose to intentionally violate the myriad of federal, state and local laws that apply to residential income property. However, occasionally some transgressions…