Dear City Council: I just wanted to throw in my two cents. I own several properties in Northern California. I have several tenants that are on hard times and I’m trying to do the best I can to help them. One of my tenants, an elderly couple, have been with me for over seven years..…
RENT CONTROL PUNISHES LANDLORDS! To the City Council: Hello, I believe a landlord should have some hope of getting to, or, very close to market over a reasonable period of time (not 50 to 100 years!) I came up with two ways this can be accomplished, while at the same time, tenants will have protections…
Have you received a Notice to Comply or General Managers Hearing or has your property recently been inspected by HCIDLA for your annual SCEP inspection?
As a lender, I underwrote numerous properties. The easiest loans are permanent mortgages on stabilized multifamily properties especially if it is a low leverage request (loan-to-value no greater than 60% and debt service coverage of at least 1.30x). If your loan request looks like that, lenders will be eager to lend on your property. This…
In the last few years, TV, magazines and famous personalities have fueled a “do it yourself” (“DIY”) craze that has left many viewers itching to test their hand at home improvement projects. DIY-ing is definitely a fun and creative outlet, and leaves many feeling empowered and proud after successfully beautifying and/or personalizing their homes. Many…