LLC is the shorthand for “Limited Liability Company. Many clients ask me: “Should I own my apartments and other income property in an LLC?” Like most questions you ask a lawyer, the answer is: It depends on your situation and what you want to accomplish. Many lawyers push clients to pay fees to form LLCs,…
DetailsSince laws are continuously changing or new ones are announced, AOA wants to make sure that your building is up-to-date with all the state requirements. Below is a reminder of some important issues to keep you in compliance with those laws and possibly save you from lawsuits and/or fines.
DetailsLandlords who refused to waive the pet deposit for a combat veteran with an emotional support dog have been charged with discrimination and violating the Fair Housing Act, by the U.S. Department of Housing and Urban Development (HUD), according to a release.
Everyone knows you only get one chance to make a first impression. What you communicate from the curb carries over into the office environment and beyond. Paying attention to professional office attire is important year round, but especially during the warmer summer months. When the weather is hot and everyone is trying to keep cool…
DetailsQuestion One: I have a tenant who keeps a pet rooster which is not allowed by our city’s ordinance. The tenant claims this is a support animal and has a confirming letter from a doctor. I really do not want to violate any law, but if I act, can I be sued for failing to…
DetailsThe below article was written by Kerry Jackson, a fellow with the Center for California Reform at Pacific Research Institute. The mission of the Pacific Research Institute (PRI) is to champion freedom, opportunity, and personal responsibility for all individuals by advancing free-market policy solutions. For more information, visit www.pacificresearch.org. The most unaffordable city in the…
DetailsQuestion 1: I have a duplex in Oakland with an illegal unit (garage conversion), with a tenant on a lease from August 2016 to August 2017. The tenant reported to city and city requested me to take down the unit. If I ask the tenant to move, besides a relocation fee do I pay him…
DetailsHello everybody. For decades I have cautioned members of the Apartment Owners Association about two insidious provisions that frequently appear in laundry leases. One of them is the automatic renewal clause. The other is the “Right of First Refusal” clause. This month I will discuss both of them in the context of a long term…
DetailsI seem to get a few emails/calls about being a landlord, so here are some quick thoughts from me on the basics of being a landlord, This article will focus on what skills do you need to be a landlord?
Why are San Diego apartment investments so much safer than most other major cities? The first three articles covered 1) the basic advantages of all income property, 2) the specific benefits that come from San Diego apartment’s supply and demand and 3) force multiplier of San Diego’s unique rental ownership topography.
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