A recent study by the Building Owners and Managers Association (BOMA) found that, on average, 15 percent of an owner’s property expenses are spent on repairs and maintenance. Of that 15 percent, nearly half is spent on preventative maintenance. The study suggests that owners should take more proactive steps to design and implement preventative maintenance…
DetailsDear Mayor Eric Garcetti: I’m reaching out to you for any assistance you can provide in improving the relationship between garbage collection companies and Los Angeles property owners. The Apartment Association of California, (AOA), has reached out to them to resolve these issues; however, it seems the garbage collection companies are taking advantage on their…
DetailsLast year, two desperate people came to me for financial help. Gene was scrambling to rebuild. His wife was taken by a rapidly spreading cancer. Medical bills almost swamped their savings and life insurance. A few months later Roberta came to me. She was recovering from divorce. Her net worth was less than half of…
DetailsThe regulatory state began last century during the New Deal, inspired by earlier Progressives who believed that individualism, capitalism and the Constitution were obstacles to prosperity. They imagined a future in which government “experts”, (i.e., administrative agency bureaucrats), would lead and control the economy, subordination economic freedom and private property rights to what they perceive…
DetailsWhether you’ve amassed a portfolio of properties or are just beginning to develop your real estate holdings, it’s not too early to consider the legacy you’re going to leave behind. Will your legacy be one that your heirs fight over? Will your legacy be one that eventually goes to pay attorney’s fees? Or will your…
DetailsTRADE SHOW WAS SPECTACULAR! Dear Dan: Thank you so much for putting on such a spectacular event. The information was phenomenal, and your speakers were out of this world. They were so giving and generous with their time and knowledge; it’s unbelievable that AOA puts on this event for free. The education I received was…
Details(Shared by landlords nationwide) A GOOD HANDYMAN IS RARE! How hard is it to find a good handyman? And if you do, how much do you pay him? I know that rates can vary across the country. However, what I found intriguing about a discussion that took place on the Mr. Landlord website was the…
DetailsHere’s a great idea for some young and enterprising individual to start a new business in those cities where the politicians have created monopolies for trash companies to extort excessive fees from property owners. The trash companies will hate this idea while housing providers will love it!
Knowing when and where to take a risk is an important trait for any successful business owner, however, taking a risk on safety, security, and insurance coverage could be the last business decision you make. The following recommendations can help you avoid or recover from theft or loss.
DetailsPlanning an owner or relative move-in (OMI / RMI) eviction in San Francisco? Here are the new strict rules: