“The biggest mistake many investors make is to ignore the numbers generated by their properties.” Financial Statements Let’s start with financial statements, or lack of them. Many real estate investors only track the results of their real estate investments at tax time. Instead investors should be reviewing their results by reading their financials on a…Details
There is little doubt that California taxpayers are under attack from all sides. Our elected leadership continues to burden both businesses and homeowners with an endless array of regulations and taxes. It is little wonder why there has been a significant uptick in outmigration by both businesses and individuals from California. That is why it…Details
“How do I know when it’s time to sell?” That’s a common question when I speak at a group of landlords or investors. The short answer is: “You can’t.” There’s no magic formula. You’ll never have perfect knowledge. You can never “know.” You must decide. Sometimes, the decision almost makes itself.
Can Kanye West Resolve L.A.’s Housing Crisis? Not if City Bureaucrats Have Their Way By-Phillip Bader
If you only know Kanye West from his music (or the Award Show Interruption Heard Round the World), you would be forgiven for being more than a little surprised by the headline above. But there are few things about Kanye West that aren’t surprising. This past summer, Kanye began work on a new housing community…Details
If you suspect that documentation for assistance animals is suspicious, you may ask for more information. Recently, you may have noticed documentation coming from websites that offer assistance animal “certifications” for a fee, but they appear to provide this documentation without firsthand knowledge of a person’s disability or what assistance or support the animal provides.Details
Hello everybody. My discussion this month addresses the question of whether an apartment owner must pay any portion of his/her manager’s cell phone bills if the manager uses a personal cell phone for work-related purposes. More broadly, do employers have to pay any part of their managers’ monthly cell phone bills? The answer depends…Details
Acceptance of Partial Payments Via Bank Deposit (Residential Tenancy) There is no obligation to accept partial payments during the pendency of a 3-Day Notice or any time after the notice has expired. If you have it set up to where the tenant is to deposit funds into your bank account and the tenant deposits a…Details
New York Challenges Rent Laws! The below article is from the RSA Reporter, the official publication of New York’s Rent Stabilization Association. The Rent Stabilization Association (RSA), New York’s apartment association together with the Community Housing Improvement Program (CHIP) and individual property owners filed a lawsuit challenging the constitutionality of the New York Rent Stabilization…Details
There is little debate that California is a harsh, anti-taxpayer environment ruled by a tax-happy majority party. However, in this super-partisan environment that grips both California and the entire nation, it is important to point out when our political adversaries do something positive.
Efforts to Curtail Rampant Abuse of Emotional Support Animal Requests By – the National Apartment Association
A lack of clarity in the federal law governing reasonable accommodation requests for assistance animals (covering both service animals and emotional support animals) creates a loophole for bad actors to abuse the system. The most common cases of misuse involve requests for an emotional support animal, where the resident obtains documentation on demand from online…Details