I have never understood why it is “greed” to want to keep the money you have earned but not greed to want to take somebody else’s money. -Thomas Sowell, Stanford University Economist
Rent Increases Limited to 10% During Declared State of Emergencies The statute applies immediately after the President of the United States, the Governor of California, or city or county executive officer declares a state of emergency resulting from any natural or manmade disaster, such as an earthquake, flood, fire, riot, or storm. In that instance,…
Fair Housing and the EPA Impose More Fines! Break the Law and Break-Out Your Checkbook! Landlord Pays $9,000 to Settle With HUD
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:
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…
You have been given the opportunity to transfer with your job, but you love your home and don’t really want to sell it. But your financial position is such that you cannot support two homes. What do you do, rent or sell?
Over the course of the past several years, we have observed incremental growth in the number of investors choosing Delaware Statutory Trusts (DSTs) as a preferred means of passive real estate investing for like-kind, tax-deferred 1031 exchanges.
If we want to help low-income or bad credit tenants find housing, we must create an environment where they are not considered an unsurmountable risk to landlords. There has been much talk over the past year about Eviction Reform in Massachusetts. Most landlords laugh when they hear this since Massachusetts is known as a very…
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…
When I began practicing law as a tax lawyer (many years ago!), I thought my job was to help my clients save taxes. However, my mentor soon straightened me out. He helped me realize that a lawyer’s job was to help clients realize their goals, for themselves and their families. Of course, the less they…