We can increase the occupancy at our apartment community simply with the conversations we have with local businesses. Word of Mouth Referrals We can create word of mouth referrals. Referrals are consistently the highest contributor identified as the source of visiting traffic at an apartment community. The days of depending on advertisements to be your leading…
Hello everybody. On July 1, 2021, resident manager laws will change in many cities in California. Fortunately, the resident manager laws promulgated by the state of California will not change again in any significant fashion until January 1, 2022. My column this month will address a number of the 2021 changes of city laws and remind…
The recall effort of Mr. Newsom was stuck at 50,000 signatures and going nowhere until Gavin decided he didn’t need to follow his own “no dining out” policy. After his meal with a lobbyist (including a $12,000 wine tab) at The French Laundry, the recall effort gained 500,000 signatures in the following 30 days ……
Mercantilism began sometime in the 1400s, rising quickly before beginning a long, slow collapse. Its terminal decline began with the success of the American Revolution (England: 1783) and peaked with the independence of India (England: 1947) and the Democratic Republic of the Congo (Belgium: 1960). Mercantilism was, at root, a parasitical economic system whereby the…
On May 4, 2021, the San Diego Board of Supervisors exercised their police powers and enacted a new moratorium to prohibit certain residential evictions. Pursuant to the current state law, tenants throughout the State of California cannot be evicted for nonpayment of rent related to COVID-19 at least until June 30, 2021, this includes unpaid…
Knowing when and where to take a risk is an important trait for any successful business owner, however, taking a risk on safety, security, and insurance coverage could be the last business decision you make. The following recommendations can help you avoid or recover from theft or loss. Maintain Your Property and Keep it in…
Welcome! Owning San Diego County rentals is a low-risk escalator to wealth. Current owners probably made less and knew less when they bought than you now earn, and you already know. Years ago, you learned to ride a bike. Skinning your knee provided a learning opportunity. Apartment investing is also a “learn by doing” experience.…
Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported in April. The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose at a rate of 4.2% from a…
Question 1: Any updates on the state of the courts and unlawful detainers for lease breaches other than non-payment of rent? Answer 1: As has previously been discussed in this column, the state law passed in January known as SB 91 provides the comprehensive procedure and rules regarding nonpayment of rent cases through, at…
A California property owner and manager has agreed to pay $10,000 in a conciliation agreement resolving an assistance animal discrimination claim that the landlord denied a resident’s reasonable-accommodation request to keep an assistance animal, according to a release. The U.S. Department of Housing and Urban Development (HUD) said in the release it has approved a conciliation…