Thursday, April 25th at the Long Beach Convention Center Hall C Mark your calendars for Thursday, April 25th for AOA’s “Million Dollar Trade Show and Landlording Conference” in Long Beach. You will meet just about every contractor and vendor you will ever need… it’s called the “Million Dollar Event” of the year. Be sure to…
DetailsA version of this article first appeared on February 7, 2013 in the Daily Crux, published by Stansberry & Associates Investment Research, an independent investment research firm. You can visit them at www.stansberryresearch.com. From PragCap If you’re looking for things I’ve been wrong about recently you can chalk housing up on the list Last year…
DetailsIf you’ve missed some of the prior articles, basic “beginner” guidelines on successful investing are in my book “Stairway to Wealth” available at www.LuLu.com. Arithmetic Net Operating Income (NOI) divided by Price equals Cap Rate. Ex 1: If we have an investment valued at $100,000 and it pops out a $5,000 NOI, we’re making a…
DetailsAt the core of this advice from the “School of the Obvious” is that the GOP must get more votes. However, to accomplish this, they are told that they need to act more like Democrats. If all that counts is being elected and getting the salary and the perks that go with it, then what…
DetailsQ: In San Diego, what is the maximum amount that can be awarded in Small Claims Court? A: The maximum amount an individual may be sued for in Small Claims Court is now $10,000. As of January 1, 2012, SenateBill 221 increased the Small Claims Court jurisdictional limit from $7,500 to $10,000. While there are…
DetailsQuestion One: I served my tenant with a 60-day notice to vacate. After 30 days, the tenant vacated without any notice. I deducted one month’s rent from her security and she is now threatening to take me to small claims court. Her position is that since she found an acceptable apartment within the 60 days,…
DetailsThere is a clear seasonal pattern for house prices, and earlier this year I predicted that the Case-Shiller indexes would turn negative month-to-month in October 2012 on a Not Seasonally Adjusted (NSA) basis. That is the normal seasonal pattern. Also I expected smaller month-to-month declines this winter than for the same months last year. Sure enough,…
DetailsHello everybody. As you may suspect, litigation continues to be filed in record numbers by resident managers against apartment owners and management companies for violations of wage and residency laws. The amounts managers demand are staggering. For example, in a matter I recently handled for a client, the former resident manager was demanding payment from…
DetailsA few months ago I had the opportunity to address 100 real estate investors at a dinner meeting. It was a great evening of give and take. My goal was to help them focus on
Hopefully, if you own in the City of Los Angeles and are under the L.A. Rent Stabilization Ordinance, you have already paid your building’s registration fees of $24.51 per unit which was due by February 28, 2013. Serving a timely notice, you may collect one half of those fees from your tenants. Collect $12.25 Fees…
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