To coin an old phrase, the country has “gone ape” in the wake of Donald Trump’s surprise election as the 45th President of the United States. The stock markets have skyrocketed to new record highs day after day [shortly after his election]. Consumer confidence has soared to the highest level since 2008. For reasons that…
DetailsQ: I do not allow pets in my apartments. I have a tenant who is claiming that her cat is a therapy animal and she says that she is entitled to a reasonable accommodation. Do I have to let her keep the cat?
Less Deposit More Rent A person asked on the MrLandlord Q&A for input on offering new residents the option of paying significantly less deposit if they would pay slightly more monthly rent. My response is this: For the last couple of years I have encouraged landlords to consider offering all your future, fully-qualified residents the…
DetailsLandlords and tenants joined forces against the City of Los Angeles by filing a class action lawsuit in federal court on February 22, 2017, alleging that the current Systematic Code Enforcement Program (SCEP) inspections violate the Fourth Amendment to the Constitution. The law firm representing the landlords and tenants is Quinn Emanuel, the largest business…
DetailsHopefully, if you own apartments in the City of Los Angeles and are under the L.A. Rent Stabilization Ordinance, you have already paid your building’s registration fees of $24.51 per unit which was due by February 29, 2017. Serving a timely notice, you may collect one half of those fees from your tenants. Note: You…
DetailsEvery landlord would like to lower the turnover in their properties. It’s costly to attract and retain good tenants, not to mention the costs you incur when they move out and you have to turn a vacant rental. It just makes good business sense to strive to have happy, long term tenants in your properties.…
DetailsQuestion 1: Have there been any recent changes to the law about whether I can refuse Section 8 applicants for my rentals in San Jose, CA? Also, are there forms and rules for handling tenant security deposits, reporting to the IRS, setting up a savings account and interest to the tenants? Answer 1: I am…
DetailsThe Big Show You’ll want to remember to mark your calendars for the big “Million Dollar Trade Show and Landlording Conference” next month. The big show will be held on Wednesday, May 24th at the Long Beach Convention Center in Hall C, 300 East Ocean!
DetailsAre you maximizing your tax savings in your real estate investing business? Now is a great time for you to make sure you have structured your investing operation properly, so you take full advantage of the tax benefits of being a real estate investor.
Question 1: I am in the process of renting my single family home in Danville, CA, and I did specify in the ad that “no pets” are allowed. I have two legal questions: 1) A potential applicant called me and told me that she has a “service” dog. Can I legally tell her, over the…
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