2017 Multifamily Renovation Construction Trends – by Ronald Carter

Today, multifamily housing investors look for renovation ideas that offer them optimal utilization of available space within their budget. A professional renovation contractor can help you augment the exteriors and interiors of your home aligned with your business objectives. Every year the multifamily industry witnesses change in home remodeling and designing trends and 2017 is…

Legal Q & A – by Dennis Block

Question One:  I have a tenant in a rent control property located in Los Angeles. This tenant is on a two-year lease agreement. After the first year, is it permissible to raise the rent 3%, pursuant to the rent ordinance?

Sacramento Politicians Kill Measure to Reaffirm Commitment to Protecting Taxpayers – by Jon Coupal, President of Howard Jarvis Taxpayers Association

Democrats on the Senate Governance and Finance Committee blocked Senate Resolution 39 by Senator Mike Morrell (R-Rancho Cucamonga), a measure that would have recognized the historic passage of Proposition 13 and its role in keeping property taxes low for homeowners. The committee’s rejection of this measure comes on the heels of the largest gas and car tax…

High Life Versus High Wealth: 12 Common Traits of Millionaires – Part One – by Terry Moore, CCIM

Our culture confuses living “the high life” with being wealthy. In America, many thousands of families with middle class incomes are wealthier than those with higher incomes, who are assumed to be “rich.” This two-part article considers a dozen things that Transcript subscribers, millionaires and income property investors have in common. You’ll read three reasons…

Legal Q & A – by Richard Beckman, Attorney

Question 1: My tenant has rented my house for over six months and has not notified me of any issues but is now withholding rent. She said I did not provide her with lead information, and I realized that my new lease agreement did not contain a lead disclosure or pamphlet. I am getting one…

Shame on You Mayor Garcetti and Los Angeles City Council!

Do you know that some housing providers have already received notices from their new City- appointed trash haulers that their rates will be increased by at least 100%?!  You should know it – you passed this outrageous law!  You even promised us that the rates would be lower.  One housing provider just now reported that…

The Legality of Using Criminal Background Checks in Light of HUD’s 2016 Guidance Memo – by Eviction Attorney, Michael A. Brennan

In April, 2016, HUD issued a Guidance Memo concerning the applicability of the Fair Housing Act to the use of information found in criminal background checks to deny housing to applicants with criminal histories. While some believe the Guidance Memo has raised more questions than answers, the truth is that landlords may still use criminal…