Legal Q & A By-Franco Simone

Q: I am advertising my single-family residence for rent. I received an inquiry from an interested woman asking if I accept section 8 tenants. Can I refuse to rent to tenants that have section 8 vouchers? A: No, effective January 1, 2020, landlords with properties in the state of California cannot refuse to rent to…

Fire Extinguishers Reduce Risk & Liability by Jim Maxey

Fire Extinguishers are the first line of defense for your property against fire. They are most effectively utilized when they are readily available in sufficient numbers and have adequate extinguishing capacity.  Most building fires occur around laundry rooms, elevator/electrical rooms, parking areas, and kitchens.  If a fire occurs, remember to evacuate the building, sound the fire…

Billionaires Can Help Financially Distressed Tenants and Landlords with a Sensible Solution By-Daniel Bornstein

Tenants are fearing homelessness, while many cash-strapped landlords are in dire straits. Private-sector interest-free loans could assuage the fear of eviction while keeping landlords solvent. When COVID-19 reared its ugly head, tenants’ advocates sounded the alarms, and lawmakers heard the call. Fearing massive displacement of renters who have lost income due to the pandemic, and…

Should You Own Rental Property? By-Terry Moore

Rental ownership is face-to-face capitalism. It’s hands-on. When you own shares in a large corporation, you don’t get a say in how that company is run. When you own rental property, you make decisions that affect your income stream and the value of your asset. Good landlords increase their property’s value. The best landlords learn how…

Legal Q & A By-Dennis Block

Question One: I own a condominium in Long Beach, California. It is currently leased on a month-to-month rental agreement. My daughter is getting married and asked if she could move in after the wedding. Based on her request, I served a 60-day notice to terminate one of my tenants. My tenant informed me that they…