Legal Q & A by – Dennis Block
Question One: I have a tenant who vacated leaving me with $15,000 in unpaid rent. Based on a cost factor, do you think it would be wise to sue this tenant in Small Claims Court?
Legal Q & A by Richard Beckman
Question 1: Can I require my tenant to professionally clean the carpets before they leave or can I have it done after they leave and deduct the cost from their deposit? Answer 1: The tenant has a duty to return the unit to its state or condition when first rented (normal wear and tear excepted),…
DetailsSomething to Think About #82: Information, Not Advice, Part 2 by – Klarise Yahya
Continued from Part 01 . . . One of the things lenders are looking for is liquidity. How much cash-equivalency does the borrower have? Something always comes up. Does the borrower have enough liquidity to get through it? Cash equivalents include things like savings and checking accounts, retirement funds, cash value of life insurance policies,…
DetailsUpcoming Rent Control Mitigation Measures and How to Secure More Income Now! by – Joseph W. DeCarlo
Proposition 10 (Rent Control) to repeal the 1995 Costa Hawkins Act, a law that restricts rent control ordinances in cities in California was defeated in the November 2018 election. Municipalities can still enact moratoriums and rent control. The County of Los Angeles just instituted a rental cap until the end of 2019 which will probably…
DetailsRESIDENT MANAGER LAW UPDATE FOR 2019 By – Dale Alberstone, Esq.
Hello everybody. On July 1, 2019, resident manager laws will change in many cities throughout California. Fortunately, the laws promulgated by the state of California will not change in any significant fashion until January 1, 2020. My column this month will address a number of the 2019 changes of city laws and other important aspects…
DetailsLegal Q & A By -Franco Simone, Esq.
Q: What can I do if my tenant still owes me money after I applied the security deposit to the outstanding balance for unpaid rent and necessary costs to clean and repair the rental unit?
Soft Story Retrofitting – Are You Still Puzzled? Ask the Expert! By – Dee Soffer
Q1: I have been a landlord in Los Angeles for the past 30+ years and my buildings did not get affected by the Northridge earthquake back in 1994 or any other quakes. Why do I need to retrofit my building?
The New Prop. 10: Rent Control Could Be On State Ballot Again In 2020 by – Gideon Kramer, SPOSFI News Editor
Prop. 10’s defeat in the 2018 election has not dampened enthusiasm for a statewide rent control measure. Despite the resounding defeat of Prop. 10 in last November’s election—the initiative lost in all but one of the state’s 58 counties, with only San Franciscans giving it majority support—original sponsor Michael Weinstein and his Los Angeles-based AIDS…
DetailsLetters to the Editor … SAY NO TO RENT CONTROL IN CONCORD!
Dear City Council: I just wanted to throw in my two cents. I own several properties in Northern California. I have several tenants that are on hard times and I’m trying to do the best I can to help them. One of my tenants, an elderly couple, have been with me for over seven years..…
DetailsLetters to the Editor …
RENT CONTROL PUNISHES LANDLORDS! To the City Council: Hello, I believe a landlord should have some hope of getting to, or, very close to market over a reasonable period of time (not 50 to 100 years!) I came up with two ways this can be accomplished, while at the same time, tenants will have protections…
Details