During the pandemic interest rates were at an all-time low with many property owners locking in a 30-year fixed-rate mortgages at a 2 – 2.5% interest rate. Exceptionally low interest rates combined with historically low inventory contributed to the real estate market in California appreciating at an average rate of 20% year-over-year. The housing market…
Emotional support animals, rental housing issues and the Fair Housing Act create more questions than just about any other topic we see. Here is some help with the issues and remember this is not legal advice so check with your attorney on specifics. Emotional support animals can come in all shapes and sizes, making it…
Ultimately, inflation is a monetary phenomenon. And so, the key to reducing the inflation we’re experiencing today (the highest inflation in forty years) is the Federal Reserve raising short-term interest rates, like it did in May. Another key issue is the size of government, both spending and regulation. When the federal government spends money like a…
When Ashley Raveche and her husband bought their home in Mill Valley, they thought they were doing everything right. The 1,300 square foot house already had vents with screens that make it harder for embers to get in and a tar and gravel roof, top-rated for fire safety. They installed double-paned windows, which are less…
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: Hello. For a multifamily building of eight units, which forms should be used for a month-to-month rental agreement? Also, in leasing a unit that will be vacant, what kind of restrictions…
State lawmakers are moving forward with a bill that will mandate indoor residential water conservation. The Senate recently voted 28–9 on SB 1157 to lower indoor water usage as follows: Effective January 1, 2025 and until January 1, 2030, the standard for indoor residential water use will be 47 gallons per capita daily. Effective January…
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney Dennis Block. Question One: I have a single-family home in Santa Monica, not subject to rent control, and my tenants are on a month-to-month tenancy. Can I raise the rent and if so, how…
Below are discussions and tips that have been shared by landlords nationwide. Please be sure to know the applicable laws in your area as they may differ from some of the offered suggestions. A landlord recently shared a personal crisis that after reading it, which can serve as a wake-up call for many landlords. WAKE…
There are three tremendous money-making ideas that were shared on an AOA Live Stream that I would like to share with you. I am especially excited to share them with you because many of you could benefit greatly from them. These three ideas can be found in the AOA video entitled “Increase Your Rental’s Value…
Continued . . . Doheny expanded his interests to Mexico, where in 1901 he drilled the country’s first well in Tampico, 300 miles south of Brownsville Texas. Nine years prior he’d arrived in Los Angeles too poor to pay for his boarding room, and now he was an international oilman. Doheny used the confusion of…