Hello everybody. Here’s a quick question: Is an apartment building a business establishment? Here’s the quick answer: Yes! In 1959, California enacted the Unruh Civil Rights Act and named it after its author, Jesse Unruh. The Act’s principal objective was (and still is) to prevent many types of unreasonable discrimination by business establishments. Business establishments…
DetailsYou have heard it all before. Some of us have even said it ourselves – “Being a landlord can be a pain.” Most people in this country will agree that it makes a lot of sense to buy property and invest in real estate. We also know all the benefits of investing in real estate.…
DetailsLast month, Los Angeles County joined a growing list of entities suing Southern California Edison, seeking to hold the utility accountable amid hints that its damaged electrical equipment may have sparked the devastating Woolsey fire.
Landlords who refused to allow a single mother with a daughter who needs an assistance cat to rent a townhome has been charged with housing discrimination, according to a release. The woman had already signed a lease and explained to the landlords that her oldest daughter, who has mental disabilities, needed the assistance cat –…
DetailsMany apartment investors don’t like debt, so rather than refinancing, they would prefer to pay off their loans. Why get a new loan when you’d prefer to have no loan? If that describes you, you may want to reconsider. Used wisely, debt is a powerful tool that can help you reach your short- and long-term…
DetailsQuestion One: I have a rent control apartment in the City of Los Angeles. I have a tenant who brought in an extra person without my permission. What are my options? Answer One: You have two options. Your first option would be to serve a 3 Day Notice to Perform or Quit, which would give…
DetailsThe Big Show You’ll want to mark your calendars for the FREE “Million Dollar Trade Show and Landlording Conference” next month where we’ll be giving away an iPad and 5-day cruises. The show will be held on Thursday, September 12th at the Los Angeles Convention Center in West Hall A, 1201 N. Figueroa!
DetailsContinued from Part 2 . . . Diversified Coin Flip – Time goes by. Uncle Fred offers to divide your retirement account into two equal parts (Part A and Part B) and conduct a separate coin toss for each half. Whether heads or tails, the results of each coin toss for Part A will be…
DetailsQ: I hired a property management company to take over managing my properties. What do I need to do to let my tenants know that I will not be managing my properties anymore? A: You are required to serve your tenants with a notice of change of ownership/management every time ownership or management changes. This…
DetailsEarlier this year, State Senator Scott Wiener (D – San Francisco) introduced legislation to dramatically increase taxes on wealth transfers by California residents. This follows the failure of a proposed California Estate Tax initiative to qualify for the 2018 ballot. His bill, SB 378, would put a referendum on the 2020 General Election ballot to…
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