Letters to the Editor…

AOA’s TRASH LAWSUIT From Carol Shining, Shining Law Firm Friends: You may have recently read about a settlement between the City of Los Angeles and the seven franchisee waste haulers.  According to these news reports, this settlement purports to change the contract between the City and the Haulers as certain distance fees.  However, several things are important:

Six Questions to Ask Your Loan Broker By – Nick Schoch

Commercial mortgage brokers assist in most apartment loan transactions. Even investors who have strong lender relationships can benefit from a broker’s familiarity with the current lending environment and underwriting parameters. All of which help you get the best deal. Nonetheless, it is important to ask the right questions to ensure that your broker is aligned…

How We Became Successful Landlords: Stay on Track, Jack! (Part II) By Gregory A. and Eileen Charles

Finding a Tenant Avoid renting to any prospective tenant that speaks in bravado, or brags of their accomplishments, their history, employment, or the amounts of money they have. This person will eventually abuse you.* Beware of any prospective tenant that is a, lawyer, accountant, property manager or former police officer. These people have the knowledge, skills…

Long Beach Trade Show and Educational Conference a Big Success and Eviction Reform: ‘Just Cause Eviction’ Bad for Landlords, Worse for Tenants

Trade Show a Huge Success! Our “Million Dollar” Trade Show and Landlording Conference last month was a huge success!  You should have been there! Our members were more educated, motivated and stimulated by some very knowledgeable speakers who helped give them that one idea that will help them make and keep more money than ever!…

Legal Q & A by – Dennis Block

Question One: I have a tenant who vacated a house I own in Long Beach. The rent has been kept very low. The rent is currently $1,200 per month. The home will need about $3,000 in repairs and painting to have it ready for the next resident. My research indicates that the rental value of…