Ever since the end of the Great Recession, Rancho Cucamonga has been on a tear. New retailers and restaurants have sprung up to serve the residents of its gated ‘burbs. The city’s population has swelled with Angelenos in search of cheaper housing. And at last count, its unemployment rate sat at just 4%. The city…
DetailsDelaware Statutory Trusts are potentially a great investment vehicle for those accredited investors doing a 1031 exchange, but what some investors don’t realize, is that you can also invest in DSTs on a cash basis. Why invest cash in a DST? DSTs offer many benefits to those doing a 1031 exchange, for example, the ability…
DetailsThe Judicial Council’s delay until 90-days after the COVID emergency is lifted to open the courts to hear eviction cases will devastate landlords, tenants and their families, the wellbeing of innocent tax-paying, by-standing citizens, plus people’s, the City’s and the State’s economies and, ultimately, the cause of justice.
Hello everybody. On July 1, 2020, resident manager laws will change in many cities throughout California. Fortunately, the on-site laws promulgated by the state of California will not change in any significant fashion until January 1, 2021.
DetailsBelow is a copy of an email received by one of our members as a response to his complaint about AB 828. Thank you for contacting me regarding Assembly Bill 828 by Assembly Budget Committee Chairman Phil Ting and numerous co-authors. I appreciate hearing from you on this important issue. In short, AB 828 would…
Details[Author’s Note: I wrote this before COVID-19 had changed the landscape of ownership, but the contents of this piece remain true regardless. I’ll have another article ready soon that deals specifically with managing property in the current climate.] In property management, we’re almost always talking about the present. When describing the benefits offered to property…
DetailsDear friends, it may be beneficial to examine the Fifth Amendment of the United States Constitution: “No person shall … be deprived of life, liberty or property … without due process of law … nor shall private property … be taken …for public use …without just compensation …”
Inflation: There is great satisfaction when investments appreciate in value, and a modest celebration is called for. Maybe get your hair done early this month. But before Diana starts the highlights, it is useful to understand that not every new dollar received benefits the investor equally. Appreciation comes in two forms. First, there’s the increase…
DetailsA version of this article by Porter Stansberry first appeared on April 17, 2020 in The Stansberry Digest, published by Stansberry & Associates Investment Research, an independent investment research firm. You can visit them at www.stansberryresearch.com. Recently, an old friend said to me, Porter, I’m almost afraid to ask… but what do you think…
DetailsCOVID-19 Rent Deferment The City of San Diego has instituted a temporary moratorium on residential and commercial evictions, due to nonpayment of rent. It is based on when the tenant demonstrates a substantial decrease in income or substantial out-of-pocket medical expenses, resulting from the COVID-19 pandemic.
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