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…

Details

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…

Details

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…

Details