Renting a property has been a nightmare for landlords who have had bad tenant experiences in the past. Finding a good tenant happens not just by luck, but also through wise and judicious discernment. Before renting your property, you have to ensure that your tenant will not fail to pay the rent on time and…
The following COLLECTION strategy has worked multiple times with one landlord. He shares below how his “Sending Payment Plan Options” strategy to former residents who still owe money, worked out most recently. Send Payment Plan Options to Former Residents “I had a resident move out at the end of November and stiff me for proper…
No one wants to live in a community where, at all hours of the day, the sidewalks or streets are obstructed by dumpster bins. For property managers and owners of multifamily properties, bringing the trash out each week can present its own set of logistical challenges. In some cities, local waste companies pull dumpsters out…
Discover How You Can Save Money! “The goal was to create a Workers’ Compensation program that delivers the most competitive rates while upholding the best safety, loss control and claims handling practices the industry has to offer. We believe we have achieved just that,” said Anthony Miller, CEO of GS Insurance Solutions, the exclusive agency…
Question One: I have a tenant who states that he and his roommate are getting sick from mold. He happened to call me on the day rent is due and refuses to pay until I have this remedied. I did have a leak in this unit, which I immediately fixed by removing part of the…
Unfortunately, jury trials are still something that we have to be careful of and watch out for in Southern California evictions. We are seeing the continued rise of jury trials, not only in rent controlled areas but in all counties. What can you do to strengthen your case if it has to go to jury?
AB 1796 (Muratsuchi D) Rental Property: Electric Vehicle Charging Stations. Current law requires a lessor of a dwelling to approve a written request of a lessee to install an electric vehicle charging station at a parking space allotted for the lessee in accordance with specified requirements. It exempts dwellings that are subject to the residential…
Question 1: We had a tenant break his 12-month lease and move out after only one month. We sent a letter explaining that he must pay rent until we find a suitable replacement and received a letter back from his attorney stating that since the gentleman’s income comes solely from Social Security he is considered…
How does a wealthy household receive safe and solid cash flow, eliminate management stress and preserve capital for the next generation? They exchange into safety. Thousands of successful investors have used this strategy to succeed. This article crystalizes their wisdom. It is the last of a four-part series about legacy wealth. The three previous articles…
Did you know lawmakers in Sacramento are currently considering legislation that would take away Californians’ right to make choices about the energy they use in their homes and businesses? Assembly Bill 3232 would drive up energy costs for families and business owners by forcing them to swap out natural gas appliances for electric ones. For…