The claim of Emotional Support Animals (ESA) has been the largest abuse on income property owners. Any tenant can pay for a certificate, which thereby allows multiple animals to occupy your property. This is true regardless of a “no pet” policy which may exist in your building. Thankfully, there have been some recent changes in…
A Limited Liability Company (LLC) is designed to protect your assets from lawsuit liabilities. A Living Trust is designed to preserve your assets from unnecessary taxes, probate, and court control of your estate when you die or if you become incapacitated. The LLC is a corporate entity featuring liability protection for its owner(s), much like…
Gov. Gavin Newsom signed dozens of housing bills into law this year, but one of the most popular among housing experts had little to do with homes for people and a lot to do with homes for cars. AB 2097 The new law in question, [Assembly Bill No. 2097] does away with certain parking minimums — a…
The American dream of homeownership has been rehashed throughout the past decade, with more households renting than at any point in the last 55 years. Although renting was previously considered an alternative brought on solely by circumstances, one-third of this decade’s renters now say that it’s a matter of choice. In fact, according to our previous study, a diverse set…
The pandemic-induced high-end real estate bubble has been broken, especially in California, according to new data provided by the Wall Street Journal. After riding high following the pandemic, (when selling an upscale house nationwide suddenly meant fierce bidding wars and astronomical selling prices), the high-end market has fallen off a cliff. Some of the reason…
Below are questions asked by rental property owners regarding California property management and Section 8 tenants followed by answers provided by the law firm of Simone and Blevins. Q: One of my tenants called me and told me the tenant in the neighboring apartment was running a daycare out of the apartment. Can I…
The media is full of headlines indicating that a market crash is on the horizon, and according to Consumer Affairs, 78% of Americans believed there would be a housing market crash by the end of 2022, while 50% expect it to happen in 2023. It’s also worth noting that 75% of the people Consumer Affairs…