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…
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 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…
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 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…
Under California law, landlords must conduct periodic health and safety inspections for rental properties. These inspections ensure the properties are safe for tenants and protect the landlord’s financial investment. These inspections will save landlords money and headaches by checking on structural items and other portions of the properties. Before giving possession to a tenant, the…
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…
I admit it. I want people to like me (and you thought lawyers don’t have feelings). Don’t get me wrong. I don’t much care if my opposing counsel likes me. Their disapprobation is like a badge of honor, validating that I must be doing something right for my client. But I do want my clients…
Active property management can be a full-time job. If you are considering a transition away from active property management to something more passive in your real estate investments, it pays to know exactly what your options are. A 1031 exchange can be a great strategy to defer taxes on your relinquished property; however, landlord responsibilities…