Kid Proofing Your Income Property By By Jared S. Karpel, CEO of KIG Property Management

The toddler tenant found something new to play with … except it’s not a toy, it’s a sharp nail sticking out of the side gate!  Owning income investment property is rewarding, but it is not without its risks and potential liabilities. While as owners and property managers, we cannot totally safeguard our properties such that…

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Unlocking Tax Relief: Property Owners Navigate a Way to Decrease Expenses by Mercedes Shaffer, Realtor

In times of economic uncertainty and market fluctuations, property owners are especially motivated to find innovative ways to mitigate financial challenges. This holds particularly true for real estate owners facing a dual threat: sinking property values and an unfavorable regulatory environment.  In San Francisco, Los Angeles, Santa Ana and other cities in California that suffer…

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Rent Control Board reminds landlords who evict tenants with the Ellis Act that they have to go out of business

Ellis: Ellis Act evictions have increased over time. Courtesy image Overview: The Rent Control Board wants landlords who evict tenants to actually leave the rental market when they use a state law to remove renters from rent controlled properties The Rent Control Board (RCB) wants landlords who evict tenants using a state law to adhere…

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Property Owner Sues City of Los Angeles for Nuisance, Dangerous Conditions that Put North Hollywood Residents at Risk

The complaint alleges Los Angeles officials have failed to maintain public safety and ignored the security and wellbeing of low-income and immigrant families.   LOS ANGELES, CA –[In October], Larson LLP filed a lawsuit against the City of Los Angeles for failing to maintain public safety and order in and around a city-controlled alley adjacent to a…

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New “Urgency” Rent Control Ordinances for Pomona and Burbank By Patricia A. Harris

You can now add two more to the ever-growing list of cities incorporating their own rent control ordinances.   Pomona’s Urgency Ordinance On August 1st, the Pomona City Council adopted a rent control ordinance with just cause eviction requirements and a rent increase cap.  It is effective immediately, but a permanent version of the ordinance is…

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