One of the most important questions all real estate investors should ask themselves is, “What is my long-term strategy?” In the case of Delaware Statutory Trust (DST) investors, exit strategies come into play once the investment period has concluded, or gone “Full Cycle”. Full Cycle is a term used to describe a DST property that…
DetailsSACRAMENTO, Calif. – California became the first state in American history to allow almost all old convictions on a person’s criminal record to be permanently sealed, after Gov. Gavin Newsom signed the landmark Senate Bill 731 into law. Well over a million Californians will now have the opportunity to be unburdened, in many cases for the first…
DetailsBelow are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: Are there any updates on the lawsuits against the eviction moratoriums in Oakland, Berkeley and Alameda County? Answer 1: As reported in last month’s article, the case Williams et al v.…
DetailsDear AOA: With the recent California EPA decision to abolish gas guzzling cars by 2035 it is time for us the home providers to become proactive rather than reactive to all these upcoming changes. We need to begin thinking how California State Legislatures will pass various laws that will affect our bottom line as business…
DetailsContinued . . . These were the circumstances under which Henry J. assumed control of his paving company. The economics were splendid: better cars meant more driving which increased the demand for improved roads, which Congress was soon to fund to increase employment during the Depression. This recipe for wealth, wherein supply creates its own…
DetailsAt the beginning of a relationship, no one wants to think about the relationship ending. However, if you own a property with a resident manager, there stands at least an even chance that you, or your manager, will at some point end the employment relationship. And while this process often happens without any hitches, it…
DetailsIf you aren’t doing it already, you have a short amount of time left to avoid fines. Property managers for apartment buildings may have heard of the newly implemented bill, SB 1383. This bill requires apartments to have a system for their residents to collect their organic waste (like food scraps) and have it transported…
DetailsBelow are questions asked by rental property owners regarding California property management laws followed by answers. Q: I have an apartment building in City Heights and my tenant is complaining to me that they have cockroaches. I told them they need to keep the apartment in a clean condition so that they do not continue…
DetailsTaxes are too high in California, but that doesn’t mean they can’t go higher. A bill now pending in Sacramento would create a new agency in Los Angeles County with the authority to invent new taxes, including parcel taxes, gross receipts taxes on businesses, document transfer taxes and various kinds of bond debt that would…
DetailsRental properties can be a great investment, providing stable rental income and attractive property price appreciation. But for most rental property owners, there eventually comes a time when their financial and lifestyle needs change and no longer align with their property’s performance. When this happens, holding onto an investment property may no longer make sense,…
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