Blog - AOAUSA

Nov12022

Proposition 19 Was a Total Bait and Switch, Proposition 30 This Year Is, Too – By Jon Coupal, President of Howard Jarvis Taxpayers Association

all, Current Events, New LawsBy jamil caudang November 1, 2022

Before 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…

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Nov12022

Did You Know By Dennis Block, Esq.

Current Events, Economy, Landlord/Tenant Law, SuccessBy Israel Pereda November 1, 2022

Monetary 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…

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Nov12022

Housing Industry News By Lloyd Segal, President of The Los Angeles County Real Estate Investors Association

Current Events, Economy, Rental Market, UncategorizedBy Israel Pereda November 1, 2022

Desperate 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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Nov12022

White Hot Rental Market By Mercedes Shaffer

Economy, Rental MarketBy Israel Pereda November 1, 2022

While the housing market has been cooling off mostly due to higher interest rates, the rental market is white hot! Bidding wars on rentals are driving up the market for newly listed properties. When the pandemic hit, we had historically low inventory throughout California, historically low interest rates and huge buyer demand. This resulted in…

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Nov12022

Legal Q & A By Dennis Block, Esq.

Current Events, Landlord/Tenant LawBy Israel Pereda November 1, 2022

Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney Dennis Block. Question One: My property is subject to Statewide Rent Control. I have a tenant who will only pay the rent when he is served with a 3-day notice to pay rent or…

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Nov12022

Online Platforms Rate Rental Housing Providers By Patricia Harris

Current Events, Property Management, SuccessBy Israel Pereda November 1, 2022

Yes, you read that title right and here’s how it happened. A New York college student seeking housing had found an apartment that had everything he wanted. But, before he signed the lease, he happened to run into a tenant who had just vacated with plenty of information. The previous tenant warned him that the…

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Nov12022

Inflation Higher Than Reported, Jobs Not as Strong Either By Gary Halbert

Current Events, EconomyBy Israel Pereda November 1, 2022

Over the summer, we’ve been told that inflation rose to a 40-year high. It’s even higher than that if measured by conventional methods of the past. We’ve also been told the labor market is the tightest in decades, a good thing, but that’s not entirely true either. The fact is, consumer finances have deteriorated at…

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Nov12022

Consider Including a 721 Exchange as One of Your DST 1031 Exit Strategy Options By Dwight Kay, Founder and CEO Kay Properties & Investments

Economy, Real Estate Investment, Wealth ManagementBy Israel Pereda November 1, 2022

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…

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Nov12022

Gov. Newsom Signs SB 731 Sealing Millions of Convicts’ Criminal Arrest Records

Current Events, New LawsBy Israel Pereda November 1, 2022

SACRAMENTO, 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…

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Nov12022

Legal Q & A By Richard Beckman, Esq.

Current Events, Landlord/Tenant LawBy Israel Pereda November 1, 2022

Below 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.…

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