You own and operate a property management company in California. You have your license, you’ve done the training, you’ve provided excellent service to your clients, and built your business…but, you’re concerned aren’t you? What if something goes wrong? What if there is a fire? What about deferred maintenance? Am I doing everything I can and…
In addition to the substantial economic costs associated with rent control, [from Part I] the decision whether to regulate rents raises difficult questions of social policy. Social Implications of Rent Control …
Lawmakers in Los Angeles seem to be taking a cue from our own Board of Supervisors as they explore legislation to impose a tax penalty on property owners who leave residential rental units vacant. As John Phillips notes in the Los Angeles Daily News, Los Angeles City Councilmembers Mike Bonin, Marqueece Harris-Dawson, Paul Koretz and…
As clients and regular readers know, I have been more upbeat on the U.S. economy than many of my fellow financial writers in recent years, and especially this year. Several of the writers I read have been calling for a US recession this year and warn that it could be a rough one.
Democrats pay lip service to the First Amendment and claim to encourage political engagement but, in reality, their desire is to silence all views but their own. Last month, a Court of Appeal made them pay for their hypocrisy.
Failure to Pay a Security Deposit It is unwise for landlords to lease a unit without first obtaining the required security deposit. Promises to pay the security deposit at a later time or in installments, will usually result in an eviction action being filed. If this is your situation, be advised that you do not…
That rent control is an ineffective and often counterproductive housing policy is no longer open to serious question. The profound economic and social consequences of government intervention in the nation’s housing markets have been documented in study after study over the past twenty-five years. In response to this hard-earned experience, states and local jurisdictions from…
With proper guidance, drafting, and implementation, your living trust estate plan will be effective to avoid probate, unnecessary taxes, and court control of your assets at your death or in the event of incapacity. However, without proper guidance, it is easy to make mistakes. First of all, incorrect assumptions or lack of prioritizing may lead…
Hello everybody. In case you are not aware, on September 1, 2019 new 3-Day Notice laws and New Unlawful Detainer laws took effect. And they affect every landlord in California who serves a 3-Day to Pay Rent or Quit and every landlord who files an eviction action against a tenant.
Wholesaling is a popular real estate strategy, and it’s one that I believe should be in every investor’s toolbox. In its simplest form, wholesaling is buying a property at a deep discount and then selling it to someone for a higher price. Now you might be wondering, what are the traits of a successful wholesaler…