The authors spoke at our January members’ meeting on the importance of familiarizing ourselves with the serious issue of mold and lead. Here’s a summary of their presentation. Mold Mold is fungus, and mold spores are present outside and inside of our homes every day. This is normal. In fact, many molds are beneficial, such…
DetailsIf your building is in one of the nine cities listed below, you must pay interest on the security deposit once a year and at the end of the tenancy. The cities of Watsonville and Santa Cruz* do not have rent control, however, they also require you pay interest on security deposits once a year. …
DetailsA jury has awarded a California family $1.6 million in one of the largest single bed bug case awards ever reported against an apartment owner, according to a release. Liliana Martinez told NBC in Los Angeles her family suffered for months with bed bugs at the Kahala Islander Apartments in Inglewood, California in 2010. She…
DetailsIf you’ve missed some of the prior articles, basic guidelines on successful investing are in my book “Stairway to Wealth” available at LuLu.com. Continued from Part 31 –Forecasting: Here’s another use for NOI and DCR. Rosenberg believes interest rates are going to climb. How will that affect the value of income properties? Once we know…
DetailsDuring 2017, there were 131 Housing Bills and Governor Brown signed a very important housing package comprised of 15 Bills. Most of these Bills deal with relaxing requirements associated with accessory dwelling units (granny flats) and promoting BONUS DENSITY HOUSING at or near rapid transit corridors. AB 1506, which would have repealed the 1995 Costa-Hawkins…
DetailsAccording to the 2009/2010 American Pet Products Association’s (APPA) National Pet Owners Survey, 62% of American households have at least one pet. That means that pet-friendly property owners have more than double the pool of potential tenants than landlords who do not accept pets. Promoting your property as “pet-friendly” can be a powerful marketing tool…
DetailsThe information below is from the City of Fresno’s website. While the implementation of the Rental Housing Improvement Program is pending, the following information has been made available in the interim. Please continue to check the City’s website for additional updates at https://www.fresno.gov/darm/rental-housing/.
DetailsAmerica’s economic recovery has benefited California more than most states because the real estate crash hit the Golden State a lot harder. In other words, we’ve had to claw our way up from a deeper hole. The good news is that the strength of the recovery is impressive.
As rents across the country rise, the number of working adults living with roommates or parents in order to cut costs and share living expenses has grown rapidly, according to new research. “As rents have outpaced incomes, living alone is no longer an option for many working-aged adults,” Zillow senior economist Aaron Terrazas, said in the…
DetailsWhen it comes to tax deductions, there are a few schools of thoughts. There are the people who want to write off everything, whether it’s legal or not, and figure the cost of an IRS audit won’t be that bad. Or else they think they can’t ever get caught. They are invisible, or so they…
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