A new study by Stanford University professors of rent control in San Francisco concludes that it does more harm than good and can cause housing shortages that reduce the number of low-income people who can live in a city. Economists Rebecca Diamond, Timothy McQuade and Franklin Qian did the study, “The Effects of Rent Control…
DetailsQuestion 1: If a prospective tenant asks us if we accept Section 8, is it legal to say no? Can you tell me the positive and negative points on Section 8? Our property is in Petaluma.
One of the biggest headaches for owners and operators of commercial and residential buildings, like hotels and apartments, are the noise complaints. Guests and residents get very upset when disturbed by unwanted noise which often leads to bad reviews, lease terminations and lost revenue.
Reasonable Accommodation: Modifications made to existing rules and practices that are necessary for an individual with a disability to have equal opportunity and peaceful enjoyment. Disabled Person: An individual with a sensory, mental or physical condition that restricts one or more important activities (such as walking, seeing, hearing, working, etc.). Assistance Animals: HUD compliance guidelines…
DetailsThe Big Show You’ll want to remember to mark your calendars for the big “Million Dollar Trade Show and Landlording Conference” next month. The big show will be held on Tuesday, May 15th at the Long Beach Convention Center in Hall C, 300 East Ocean!
DetailsBelow are some situations encountered by Fair Housing, (Project Sentinel) that will communicate valuable information about the rights and obligations of tenants and landlords.
Hello everybody. Occasionally landlords want to tape record or otherwise electronically record (collectively “record”) conversations they have with their tenants. My column this month will address whether such recordings are legal or illegal under California law. Let’s first start with some True/False questions.
DetailsThis column is the third of four part series on building and maintaining legacy wealth, Rehabbing apartments was my first article; repositioning apartments was the second. Now we will consider investing in classic buildings in highly desirable areas. Think the beach or Mission Hills. Legacy wealth enables you and those who will inherit from you…
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 29: So RadioVoice was right in one limited respect: the value of a NNN investment, with no rent increases linked to inflation, may not keep up with the cost…
DetailsThe Costa-Hawkins Fair Housing Act of 1995 is a state law that establishes some requirements for the 15 California cities which have some form of rent control or rent stabilization including West Hollywood, Berkeley, San Francisco, Beverly Hills, Los Angeles and Santa Monica.