You can hardly turn on a television or read a newsfeed where you don’t encounter the term “trigger words.” While there are some universally accepted trigger words, like racial or ethnic slurs, most people or groups have their own unique lexicon of words that send them immediately into orbit. Our industry is no different, and…
DetailsTenants are thinking a little differently now post-pandemic, so what are the 3 most important things to tenants and what things in rentals are they are looking for these days? There is no argument that the best tenants are the ones who pay rent on time, have long-term leases, and respect the properties they occupy. As…
DetailsApartment owners need to consider the possibility of a lawsuit, with the ultimate goal of ensuring your personal and business assets are shielded from seizure to satisfy a judgment. The first step to shielding assets is understanding how lawsuits work. Fortunately, proceedings of a lawsuit can be broken into six simple steps. 1. Injury or…
DetailsThe house-buying craze, [especially in Los Angeles], has lost momentum, in some cases forcing sellers to lower list prices, forget about bidding wars and multiple offers, and in certain scenarios, heaven forbid, cut commissions. Shouldered by the pandemic, the housing market was seeing homes sold at record prices, sometimes tens of thousands of dollars over…
DetailsIf you are thinking about selling your rental property, a tax-deferred 1031 exchange may be a path to consider. The deferral of taxes resulting from the sale of investment property allows for investors to reposition investment real estate to help meet their objectives while preserving all of their equity so it continues to work for…
DetailsThe below article was written by Roger Valdez with The Center for Housing Economics which advocates for small and large apartment owners on a national basis. The Ohio Legislature has passed and the Governor has signed legislation to preempt local government from implementing rent control. More than three years ago, I said that Ohio could lead the country…
DetailsWhen you’re a landlord or property manager, there are a lot of problems to deal with on a daily basis. There are regular things like maintenance issues, of course. But the most challenging problems of all are related to difficult or uncooperative tenants. What Kinds of Problems Can Uncooperative Tenants Give to Property Managers or…
DetailsLet’s be very clear, an attorney should always be consulted to determine a tenant’s rights in a specific eviction and to determine the best course of action. In California, you may be able to start an unlawful detainer (eviction) by giving notice. An unlawful detainer is a lawsuit to evict a tenant. In this type…
DetailsTime to Raise Rents Landlords cannot just sit back and allow their properties to manage themselves. Landlords need to be vigilant in protecting their income property. We have all seen the horrors of legislation, designed to protect tenants, which is shouldered on the backs of income property owners. This started with local jurisdictions, and then…
DetailsEveryone loves a good survivor story. Whether it is a group of 12 boys rescued from a cave in Thailand or the indomitable spirit of a soldier who endured more than two and a half years as a POW during World War II, these stories strike a chord with all of us. Naturally, we put…
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