Did You Know? By – Dennis Block

Rent Increases Limited to 10% During Declared State of Emergencies The statute applies immediately after the President of the United States, the Governor of California, or city or county executive officer declares a state of emergency resulting from any natural or manmade disaster, such as an earthquake, flood, fire, riot, or storm. In that instance,…

Details

Letters to the Editor…

AOA’s TRASH LAWSUIT From Carol Shining, Shining Law Firm Friends: You may have recently read about a settlement between the City of Los Angeles and the seven franchisee waste haulers.  According to these news reports, this settlement purports to change the contract between the City and the Haulers as certain distance fees.  However, several things are important:

Details

Six Questions to Ask Your Loan Broker By – Nick Schoch

Commercial mortgage brokers assist in most apartment loan transactions. Even investors who have strong lender relationships can benefit from a broker’s familiarity with the current lending environment and underwriting parameters. All of which help you get the best deal. Nonetheless, it is important to ask the right questions to ensure that your broker is aligned…

Details

How We Became Successful Landlords: Stay on Track, Jack! (Part II) By Gregory A. and Eileen Charles

Finding a Tenant Avoid renting to any prospective tenant that speaks in bravado, or brags of their accomplishments, their history, employment, or the amounts of money they have. This person will eventually abuse you.* Beware of any prospective tenant that is a, lawyer, accountant, property manager or former police officer. These people have the knowledge, skills…

Details

Long Beach Trade Show and Educational Conference a Big Success and Eviction Reform: ‘Just Cause Eviction’ Bad for Landlords, Worse for Tenants

Trade Show a Huge Success! Our “Million Dollar” Trade Show and Landlording Conference last month was a huge success!  You should have been there! Our members were more educated, motivated and stimulated by some very knowledgeable speakers who helped give them that one idea that will help them make and keep more money than ever!…

Details