If you own rent-controlled apartments in Los Angeles, you might not know about one of the most valuable programs available to owners. It’s through the Los Angeles Housing and Community Investment Department (HCIDLA) and called the “Capital Improvement Rent Pass-through.” It has the ability to have a truly major positive impact on your profits.
If 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 30: While there were no guarantees, she anticipated the fall would be abrupt (the “suddenly” part), with the recovery extended over several years. However, it’s not always that way.…
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. …
DetailsRenting a property has been a nightmare for landlords who have had bad tenant experiences in the past. Finding a good tenant happens not just by luck, but also through wise and judicious discernment. Before renting your property, you have to ensure that your tenant will not fail to pay the rent on time and…
DetailsThe following COLLECTION strategy has worked multiple times with one landlord. He shares below how his “Sending Payment Plan Options” strategy to former residents who still owe money, worked out most recently. Send Payment Plan Options to Former Residents “I had a resident move out at the end of November and stiff me for proper…
DetailsNo one wants to live in a community where, at all hours of the day, the sidewalks or streets are obstructed by dumpster bins. For property managers and owners of multifamily properties, bringing the trash out each week can present its own set of logistical challenges. In some cities, local waste companies pull dumpsters out…
DetailsQuestion One: I have a tenant who states that he and his roommate are getting sick from mold. He happened to call me on the day rent is due and refuses to pay until I have this remedied. I did have a leak in this unit, which I immediately fixed by removing part of the…
DetailsDiscover How You Can Save Money! “The goal was to create a Workers’ Compensation program that delivers the most competitive rates while upholding the best safety, loss control and claims handling practices the industry has to offer. We believe we have achieved just that,” said Anthony Miller, CEO of GS Insurance Solutions, the exclusive agency…
DetailsUnfortunately, jury trials are still something that we have to be careful of and watch out for in Southern California evictions. We are seeing the continued rise of jury trials, not only in rent controlled areas but in all counties. What can you do to strengthen your case if it has to go to jury?
AB 1796 (Muratsuchi D) Rental Property: Electric Vehicle Charging Stations. Current law requires a lessor of a dwelling to approve a written request of a lessee to install an electric vehicle charging station at a parking space allotted for the lessee in accordance with specified requirements. It exempts dwellings that are subject to the residential…
Details