You’ll want to remember to mark your calendars for AOA’s FREE in-person seminar: “Conflict Resolution Skills for Housing Providers”, coming in March. This in-person event will be held on Thursday, March 14th in the Community Room at the Mission Valley Library! Register online by visiting AOAUSA.COM. Click on the “Seminars” tab and find the event…
If a recent court decision becomes national policy, fewer households will be able to buy homes. That’s bad for you and bad for our country. For most of the last decade, you woke up richer than when you went to sleep. California real estate equity has increased faster than inflation for most of the last…
Inflation is not going away. The taxing authorities love inflation because it allows them to pay back borrowed money with cheaper dollars. It is built into the budgets of most sovereign nations as a feature, not a bug. Per Wikipedia, one of the earliest documented inflationary periods occurred following Alexander the Great’s victory over the…
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: You described a new law, AB 12, that will affect how much we can collect from a new tenant for security deposit. But it was not clear when that new law goes…
Below are questions asked by rental property owners regarding California and Orange County rent control laws, followed by answers provided by eviction attorney Dennis Block. Question One: My building is located in Fullerton Oaks. We have a new tenant that has been bothering other residents by playing music at an excessive level. My warnings to…
Washington, DC; November 13, 2023: Pacific Legal Foundation, in partnership with Paul Beard of FisherBroyles, LLP, filed its opening brief in Sheetz v. County of El Dorado, arguing that legislatures cannot use the permit process to coerce owners into paying exorbitant development fees. “Holding building permits hostage in exchange for exorbitant fees is extortion plain and…
As we look ahead to 2024, the rental market landscape is showing signs of significant change. After a period of rapid growth and high rental prices, here’s what experts are predicting for the upcoming year: Market Cooling More than two-thirds of the nation’s largest cities have experienced a cooldown, with negative year-over-year growth. This marks…
Note to readers: The below tips are shared by landlords nationwide –please be sure to check the rental laws in your jurisdiction as they may differ from suggestions in this article. Location, Location, Location! One great advertising opportunity is to take advantage of location. In retail, it’s all about location, location, location. But this also…
Below are questions asked by rental property owners regarding California property management, followed by answers provided by the law firm of Simone and Blevins. Q: I am the landlord of an apartment complex in La Jolla. I served a 3-day notice to pay rent or quit to one of my tenants last Friday. His…
After three straight years of booming rent and value growth, the market is softening. The vacancy rate in San Diego finished at 3.8% in 2023, up from 3.5% in 2022, and is trending higher. There is longer lease-up time and less tenant velocity. While it is a good idea to keep rents near market with…