Sent to Mayor Dear Mr. Garcetti: I own two rent-controlled properties in District 5 and one in District 2 and am writing to complain about the outrageous rate hike, aka monopoly, that you have forced upon your commercial property owners with the new “let’s recycle” plan. We were already happily recycling with our trash company…
DetailsBelow is a letter was sent to the Mayor and all L.A. City Councilpersons which is one of hundreds that our members have written. Dear City Council Representatives: I am president of CDI Management, Inc, and own a number of apartment buildings in Los Angeles. I also own a number of buildings around the USC campus where I…
DetailsWhen you’re looking for or training a maintenance technician for your multifamily property, you’re probably only focused on his or her core skills, and that’s only natural. However, in the customer-centric environment of today, repair experience and an HVAC certification are just a part of the puzzle. Modern residents don’t just want their faucet repaired…
DetailsIntroducing, the new workers compensation program exclusively for AOA Members “The goal was to create a workers compensation program that delivers the most competitive rates while upholding the best safety, loss control and claims handling practices the industry has to offer. We believe we have achieved just that.” – Anthony Miller, CEO of GS Insurance…
DetailsMost living trusts created prior to 2009 contain a mandatory requirement to divide the trust into two or more sub-trusts upon the death of a spouse. These trusts were commonly utilized to reduce or eliminate estate taxes, by taking advantage of the estate tax exemption. This is the value of assets which can pass to…
DetailsThe Americans with Disabilities Act (ADA) has a variety of requirements that apply to parking lots. Every day I come across parking lots that do not fully meet the ADA’s Federal and State standards and leave the property owner at risk of an ADA lawsuit. In California, all businesses, apartment buildings, shopping centers or buildings…
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 28: This is not a difficult scenario to imagine. We’ve just passed through a period when interest rates were artificially maintained at, someone wrote, “the lowest in 5,000 years”.…
DetailsQuestion One: I had a tenant sign a one-year lease which will expire on Feb. 28, 2018. On Dec. 15, 2017, he served me with a 30 day notice that he would be vacating as of Jan. 15, 2018. I have since leased the unit, effective Feb. 1, 2018. Is my original tenant liable for…
DetailsJanuary 12, 2018 Mayor Eric Garcetti City Hall 200 N. Spring Street Los Angeles, CA 90012 Mayor Garcetti: Enclosed is the January issue of the Apartment Owners Association News. Over 100,000 copies are mailed out each month to housing providers and other businesses. As you can see by the cover, this new trash contract has…
DetailsQuestion 1: An existing tenant had a dish antenna installed several years ago on the roof. The building’s roof will soon be replaced (repaired) which will require the antenna’s removal. Who is responsible for the cost to re-install (re-calibration fee) the antenna?
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