If you aren’t doing it already, you have a short amount of time left to avoid fines. Property managers for apartment buildings may have heard of the newly implemented bill, SB 1383. This bill requires apartments to have a system for their residents to collect their organic waste (like food scraps) and have it transported…
Below are questions asked by rental property owners regarding California property management laws followed by answers. Q: I have an apartment building in City Heights and my tenant is complaining to me that they have cockroaches. I told them they need to keep the apartment in a clean condition so that they do not continue…
Taxes are too high in California, but that doesn’t mean they can’t go higher. A bill now pending in Sacramento would create a new agency in Los Angeles County with the authority to invent new taxes, including parcel taxes, gross receipts taxes on businesses, document transfer taxes and various kinds of bond debt that would…
Rental properties can be a great investment, providing stable rental income and attractive property price appreciation. But for most rental property owners, there eventually comes a time when their financial and lifestyle needs change and no longer align with their property’s performance. When this happens, holding onto an investment property may no longer make sense,…
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: Is there any update on the lawsuits against the eviction moratoriums in Oakland, Berkeley and Alameda County? Answer 1: The case Williams et al v. Alameda County Board of Supervisors is a…
Years ago, I played tournament chess. Chess has its own jargon. A blunder is a mistake. A brilliancy is a masterstroke, far beyond most players’ capacity. Many players aspire to brilliancies, but few make even one. Even at the tournament level, more games were lost by blunders than won by brilliancies. After 35 years in…
Water leaks at your property not only affect your water bill but impact the availability of water where you live. There are water shortages all over the country. You can take an active part in saving water and reduce your water bill at your investment properties. It’s a win win. Remember, municipalities use your water…
It’s been a tough first half of the year for the global economy, with the MSCI All Country World Index down by 21.7% and the Bloomberg Global Treasury benchmark losing about 9% as of mid-year. Markets have faced a laundry list of concerns including new COVID-19 lockdowns, the Russia/Ukraine war, an economic slowdown in China, surging inflation and central…
Continued . . . Ten months after leaving Lake Placid Henry J. returned with enough money to placate his future father-in-law. The home for Bessie was not yet built, but something in her demeanor might have told Daddy Fosburgh that this time he’d better acquiesce, or risk losing a daughter instead of gaining a son-in-law.…
Examine Your Rent Checks and Payments Many landlords are now, for the first time, having to deal with the intricacies of rent control. Your rental units, in most cases, are subject to either the San Diego Rent Control Ordinance or to Statewide Rent Control. In general, rent increases are governed by the statute and “good…