When was the last time you had a walk-through with your tenant prior to them vacating the unit? The law regarding having a pre-inspection with your tenant was passed in 2003 however, many of you are still not following the proper procedures. Did you know that the number one reason a landlord is sued by…
DetailsDemocrats on the Senate Governance and Finance Committee blocked Senate Resolution 39 by Senator Mike Morrell (R-Rancho Cucamonga), a measure that would have recognized the historic passage of Proposition 13 and its role in keeping property taxes low for homeowners. The committee’s rejection of this measure comes on the heels of the largest gas and car tax…
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 21: A little small talk, then Emily put her printouts in front of Hiram. Her first question was simple: could he extend the depth of the house by 10…
DetailsOur culture confuses living “the high life” with being wealthy. In America, many thousands of families with middle class incomes are wealthier than those with higher incomes, who are assumed to be “rich.” This two-part article considers a dozen things that Transcript subscribers, millionaires and income property investors have in common. You’ll read three reasons…
DetailsQuestion 1: My tenant has rented my house for over six months and has not notified me of any issues but is now withholding rent. She said I did not provide her with lead information, and I realized that my new lease agreement did not contain a lead disclosure or pamphlet. I am getting one…
DetailsHere are some guidelines for how judges will decide an issue before them: Judges and their staff like things to be brief, material, highly relevant, and to the point. That is why for bread and butter law and motion matters briefs should be no more than 10 pages double spaced. It is helpful for attorneys…
DetailsDo you know that some housing providers have already received notices from their new City- appointed trash haulers that their rates will be increased by at least 100%?! You should know it – you passed this outrageous law! You even promised us that the rates would be lower. One housing provider just now reported that…
DetailsIn April, 2016, HUD issued a Guidance Memo concerning the applicability of the Fair Housing Act to the use of information found in criminal background checks to deny housing to applicants with criminal histories. While some believe the Guidance Memo has raised more questions than answers, the truth is that landlords may still use criminal…
DetailsMany landlords aren’t familiar with their responsibilities when it comes to renting to families with children or don’t even know that families with children enjoy a protected status under federal housing discrimination laws. The Fair Housing Act (FHA) protects tenants against discrimination based on seven protected classes including “familial status. This means that if you…
DetailsCurrent market conditions have made investing in long-term rental property more appealing than ever. If you buy a few rental properties and self-manage them, you’ll have several duties (in addition to cashing checks). One of the biggest is trying to keep your maintenance costs as low as possible. The best way to keep maintenance costs…
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