Open Letters to Mayor Garcetti and L.A. City Council Members Dear Mr. Mayor: I have enclosed an article from the AOA magazine for you to read if you haven’t already. The position of this organization is my position and I am in concert with their requests of you. I feel that the city has unilaterally…
DetailsThe below letter was sent to the Manager of KCET regarding a recent telecast on “City Rising”. Dear Program Manager: Thank you for your interesting program. Unfortunately, you did not interview or discuss some of the problems, difficulties or challenges facing small, family apartment owners who handle and manage properties in Oakland, Santa Ana, Boyle…
DetailsQuestion 1: We have a no-smoking clause in our apartment leases in Campbell. One tenant has smoked for years, and we have not enforced the clause. We have had discussions with him a number of times about his smoking, and asked him to not smoke on the premises. He continues to disregard the clause and…
DetailsHello everybody. I frequently receive calls from AOA members expressing great frustration with tenants bringing dogs into their apartments claiming that their canines are exempt from the landlord’s “no pets” policy as the animals are service dogs. Unfortunately for housing providers such as owners and management companies, true service dogs (and various types of comfort…
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 24: Another way to deal with rising rates. The only value of income properties is their (net) income. Although this was not her motivation at the time, Emily offset…
DetailsQuestion One: I’m a member of the AOA and have a question about installing security cameras in my building. I know that they can be installed at the front and back of the building, side walkways, common areas, parking lots and garages. I would never install them inside the units. I have a duplex where…
DetailsBest Advice for New Landlords A landlord looking to help a new landlord friend asked the following question – “I was hoping that some of you may help me in welcoming a new landlord into this crazy world, by sharing some of your best landlording advice.” Many landlords responded and here are ten of the top…
DetailsWe tend to focus on the lack of “low-cost” housing instead of being thankful for all the up-to-date and well-kept housing that we do have. Let’s remember and be thankful at this time of the year for all the things and blessings that we enjoy in America today. This includes all the housing provided by…
DetailsOn July 12th, credit card giant VISA announced that it will soon offer selected retailers $10,000 to stop accepting cash. No one seemed to pay much attention. The announcement received relatively little coverage in the press. Should it have? Yes!
The Fed Open Market Committee (FOMC) which sets monetary policy met on July 25-26. As expected, the Committee made no monetary policy changes and left the Fed Funds rate unchanged at 1.0-1.25%. The policy statement which followed the late July meeting reflected the fact that inflation continues to run well below the Fed’s target rate…
Details