District 5 Supervisor Dean Preston has gathered the 9,000 signatures necessary to place his Vacancy Tax legislation on the November ballot. This measure would apply to all real estate in buildings with three units or more, including condos. If it passes, we should not be surprised if it expands to include ALL private property in…
DetailsA landlord was concerned about new renters keeping bad habits from previous rentals. So, he believes, as many landlords do, that everything must be spelled out in the lease. The question then becomes if whether or not the landlord should read the complete lease to the resident prior to move in (at the new resident…
DetailsBelow are questions asked by rental property owners regarding California property management and resident manager laws followed by answers provided by the law firm of Simone and Blevins. Please note that if the CARES Act applies to your property, you may be required to serve your tenant with a 30- day notice to quit…
DetailsThe below article was written by Daniel Sharabi, CEO of Livable. Livable is a full-service residential & commercial real estate billing partner. Focusing on bulk amenity/utility billing, their mission is to promote savings and conservation through education. Their suite of cloud services and end-to-end solutions helps to reduce monthly consumption, overall expenses and adds more…
DetailsTrade Show a Huge Success! WOW! What an event! Our “Million Dollar” Trade Show and Landlording Conference last month was a huge success! Very knowledgeable speakers delivered fantastic content that provided our members with loads of ideas that will empower them to make and or keep more money than ever before. What was your big…
DetailsIt is called the Amazon Effect — and you’ve probably heard a lot about it. The ecommerce giant has reshaped nearly everything, from the way that consumers think about shopping and accessing goods to the global supply chain. For institutional investors, the Amazon Effect has squarely placed industrial properties as the darling of the commercial…
DetailsA tenant shot and killed the new property manager of an apartment complex, a constable and another tenant before turning the gun on himself during an eviction in Tucson, Ariz., according to reports. The tenant had been threatening others with a gun in the apartment complex for months, according to KGUN9.com, and the apartment complex was…
DetailsBefore voters get too consumed with the upcoming November election and the myriad of special-interest initiatives on the ballot, let’s take a moment to review a harsh lesson in ballot measure “bait and switch” tactics, specifically Proposition 19 from November 2020. What happened with that measure could easily repeat itself with one of the initiatives…
DetailsMonetary Judgments When you obtain a monetary judgment against your tenant, you may be surprised to hear that the judgment itself is only as good as the piece of paper it is written on. You must collect on the judgment in order to obtain any funds. Ways to Collect There are many ways to accomplish…
DetailsDesperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a key U.S. interest rate in more than 40 years. After another dismal inflation report (see below), economists predict a full-percentage-point increase in the Fed’s benchmark…
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