Question 1: I have a Richmond tenant who submitted her 30 day notice on August 25 with a move out date of September 30. The tenant is now requesting an extension of 30 days, but I have already signed a lease agreement with another tenant who will take possession of the unit on October 1.…
The below letter by Attorney Michael Millman, was sent to the Berkeley Daily Planet, in response to an article written by Harry Brill. Dear Friend: The destruction of affordable housing for “very low income” individuals arises from a study of the Failure of Rent Control.
There is nothing more sobering than hearing a fellow investor talk about costly mistakes they made. Anyone who has done lots of investing has made bad decisions or made mistakes along the way. A quote of Jim Rohn comes to mind, “It’s important to learn from your mistakes, but it is BETTER to learn from…
If you’ve missed some of the prior articles, basic guidelines on successful investing are in my book “Stairway to Wealth” available at LuLu.com. Continued from Part 23: It had taken her a touch over five years, but she now had bought and sold a commercial SFR that she had transformed into a day-care center, and…
When it comes to tax deductions, there are a few schools of thoughts. There are the people who want to write off everything, whether it’s legal or not, and figure the cost of an IRS audit won’t be that bad. Or else they think they can’t ever get caught. They are invisible, or so they…
Question One: I have rent controlled apartment in the City of Los Angeles. I inherited one tenant when I purchased the building. This tenant did not have a written rental agreement. At the time, this tenant owned two dogs and now he owns four dogs. This is really getting out of control. Is there something…
Recently, while waiting for an event to start, I chatted with the woman sitting next to me; a small property owner. I described SPOSFI and she sniffed, “Why join something like that? We’ve never had any trouble with our rental.” “We’ll be there when you need us,” I replied, as I moved to another chair.
All the President’s Men is a book and a movie about the Watergate scandal and the downfall of President Nixon. In the movie, there’s a scene with Washington Post reporter Bob Woodward (Robert Redford) meeting his anonymous source, “Deep Throat” (Hal Holbrook), inside a dark parking garage. Woodward needed proof that President Nixon knew of the burglary…
Below is another letter an apartment owner wrote to Mayor Garcetti regarding the trash monopoly. They included FOUR EXAMPLES of their previous trash invoices and new inflated invoices as proof of how this trash monopoly has been affecting apartment/business owners in Los Angeles!
Below is a letter an apartment owner wrote to Mayor Garcetti and Councilman Bonin regarding the trash monopoly. They included their old invoice, new service rates breakdown and photos as proof of how this trash monopoly has been affecting apartment/business owners in Los Angeles!