There are situations in life when a landlord is presented with a problem to solve and the choices for solving the problem are all lousy. A Florida woman was arrested just days before her 94th birthday, when she refused to leave her home after being evicted, police said. As of this writing, the woman remains held…
DetailsHello everybody. From what I have observed over the decades, most apartment owners are law abiding investors who endeavor to conduct their business ethically and with integrity. Indeed, they have too much to lose to intentionally violate the myriad of federal, state and local laws that apply to residential income property. However, occasionally some transgressions…
DetailsSan Francisco has among the nation’s highest per capita recycling and composting rates. Zero waste is the City’s ultimate goal. Recology and customers like you are working hard to make that goal a reality by ensuring that discarded materials of all types end up in the right place. Educating the public about “what goes where,”…
DetailsCalifornia is notorious for enacting laws that result in outcomes precisely opposite of what the law was designed to address. Think of trying to cure obesity by prescribing donuts. Let’s start with high-speed rail (HSR). One of the “problems” HSR is supposed to address is climate change. The theory is that the rail project will…
DetailsHave you ever been in a grocery store at a sporting event and there was zero cell service? That feeling you get when you are separated from your friends and family and can’t send them a text or check on a major developing news story? It’s frustrating and sometimes scary, right? Now imagine you are…
DetailsThere are many ways to build legacy wealth. Wise investors select the strategy which best fits their personality, capacity, and goals. The four-part series describes proven legacy wealth strategies. This article is about repositioning. In my first piece, I covered rehabilitation. The next articles will cover owning classic properties, and maintaining capital with low-risk and…
DetailsThe Housing Choice Voucher Program (commonly called Section 8) provides rental subsidies to low-income tenants to rent from private landlords. This program, established in the 1970s, currently provides assistance to 2.1 million tenants. Key to the program’s success is the participation of rental property owners and managers, who often have a choice of whether to…
DetailsRent control policies have come back in vogue for some cities grappling with higher housing rents and people worried they will not be able to live in growing, prospering cities. Perhaps no city in the country encapsulates the concerns about housing affordability and availability more clearly than San Francisco, where the median rent for a…
DetailsAs you know, a lot of predictions are made this time of year – about the economy, the markets, interest rates, inflation, etc. Some forecasters are predicting that 2018 will finally be the year when inflation takes off and returns to higher levels. However, some of these same prognosticators have been saying the same thing…
DetailsWhen you’re a third-party manager of an apartment community, you have two groups of customers: the owner of the property and the residents. At first glance, it may seem as though balancing the needs of these two groups would be difficult. After all, their objectives are quite different: the owner wants to see consistent revenue…
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