Most of the many apartment owners we have met after our AOA seminars in Los Angeles and the San Fernando Valley have already built living trust based estate plans. They cared enough about preserving and protecting wealth for their heirs to already take significant planning steps.
Something to Think About #31 – Mortgage Security: The Lender’s Perspective – By Klarise Yahya, Commercial Loan Broker – BRE: 00957107 MLO: 249261
Mortgages and Trust Deeds (hereafter-“mortgages”) are negotiable instruments. Once created, they act among institutional investors as sort of a bond substitute. They are created for income, bought for security and sold for capital gains. We’ll discuss ordinary income from mortgages and the potential for capital gains another
Q: I haven’t increased my tenant’s rent in over five years. Her tenancy is a month-to-month agreement and I would like to increase her rent to match the current fair market rental value of the neighborhood. What is the proper way to give my tenant notice of this rent increase?
Investing in real estate can be a little scary at times, especially for beginners. But please don’t let your fears hold you back from jumping into the very best real estate market we have seen in decades.
Mold Inspectors are everywhere you look. But finding a qualified and reputable mold inspector can be a challenging task with so many companies to choose from. Below is a guide for hiring a certified mold inspector:
On April 25th, 2013 the Department of Housing and Urban Development issued an update letter FHEO-2013-01 regarding service and assistance animals with direct application to residential housing. This letter tied together three laws:
Los Angeles Housing Department Errors Cost Apartment Owners Thousands of Dollars! – By Thomas A. Nitti, Attorney
Many of you believe the Los Angeles Housing Department will not bother you – that the owners who have problems are the “bad guys”, the slumlords. The reality is much different. I know of many good owners, some with professional management, who are caught up in LAHD mistakes and vendettas. Here are some common situations:
Question 1: I would like to sell my rental property. I have a tenant with a month to month lease agreement. How do I legally inform her that I plan to sell the property and she needs to vacate by a certain date? What time frame do I need to give her to vacate?
During the holidays, most Californians are focused on their homes. This is the time when homeowners – and renters too – are decorating and extending hospitality to friends and neighbors. But heavy taxes and fees imposed on homes by the