As a professional property manager, I am committed to balancing the legal and ethical obligations to residents of rental dwelling units; providing safe and habitable housing, while simultaneously serving the owners’ financial interests. When landlord’s and tenant’s opinions do not align, conflicts often occur – sometimes, to a level of irreconcilable differences. However, those conflicts…
So, it happened again, for the third time in less than a month. Another client was interested in an asset and asked us to recommend the amount he should offer. We consulted recent comparable transactions, noted that inflation concerns are increasing, and there is an astounding shortage of rentals. We offered an assessment of the…
It’s important to conserve water and energy to help the planet. The conservation efforts that you implement in your properties can also help increase your income from your properties. There are many ways to increase the net operating income (NOI) of your property. Across the country, property owners are searching for ways to increase their…
Window coverings for your rental property can be important in attracting tenants, so the article from Keepe looks at three basic types of window coverings. It can be difficult to choose the best type of window covering to complement a space while being easy to maintain and practical for tenants with the new technologies, décor styles and…
Successful real estate investors come from a wide variety of backgrounds and employ an assortment of investment techniques. All have their own unique approach to owning, managing, and selling assets. However, I believe successful investors have one common element: a team of trusted advisors to help navigate and execute their investment approach. The world of…
Supervisor Dean Preston is currently collecting the 9,000 signatures required to place an “Empty Homes Tax” measure on the November ballot. Entitled The Home Tax Ordinance, it would levy a tax on units kept “deliberately vacant.” This four-year program is designed to “encourage” owners of some 4,000 rental units to return them back onto the…
It’s been over two years since the eviction moratorium, and some landlords have collected no rent for that entire period. Many housing providers received no relief from housingiskey.com while others have given up on the whole idea of providing housing and sold their units. Investors are avoiding California and are investing in more “landlord-friendly” environments. …
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: Are we allowed to seek unpaid rent now by going to small claims court? Answer 1: Depending on when the rent accrued, and what jurisdiction (city etc) your tenancy is located…
California Storm Threatens $725 Billion Worth of Damage On July 4, 2019, a 6.4 magnitude earthquake hit just north of Los Angeles, California. The next day, a 7.1 magnitude earthquake hit the area. Now, scientists are predicting a massive California storm that could cause a building toppling earthquake and the collapse of the Whittier Narrows…
In his federal budget for fiscal year 2023 that he unveiled earlier this month, President Biden proposed a huge new tax increase on America’s wealthiest citizens. The administration labeled it the “billionaires’ tax” and promised it would finally bring fairness to our tax code by making the richest Americans pay at least 20% of their wealth gains annually to…