Recovering Unpaid Rent Debt Through Small Claims Court By Brian Wallace, SPOSF/SPOSFI Board Member

The COVID-19 emergency and eviction moratorium have left a large number of [California] housing providers with unpaid rent—often in the tens of thousands of dollars. If you are among those who find themselves in this situation, what can you do to recover this unpaid rent? Step One: Talk to Your Renter First Your first step…

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The Reports of a Housing Crash Are Missing One Crucial Fact By Sean Michael Cummings, Analyst, True Wealth

A version of this article first appeared on October 18, 2022 in True Wealth, published by Stansberry & Associates Investment Research, an independent investment research firm.  You can visit them at www.stansberryresearch.com. The drumbeat of bad press for housing isn’t slowing down … and recently, we got another addition to the tide of bad news.…

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Seven Habits of Highly Successful Property Managers By John Triplett

What are seven habits of highly successful property managers? Buildium.com did a webinar to explore seven ways that property managers can better organize their daily routines while the chaos of property management problems rage around them. Here are the habits courtesy of Buildium. No. 1 – Make Communication a Core Competency “Create templates for everything, from emails…

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A Better, Less Costly Bracing System for Soft-Story Buildings By Thor Matteson, SE, Quake Brace Mfg. Co.

Earthquakes pose a serious threat to “soft-story” apartment buildings (Figure 1), and by now many owners are aware of this hazard, or of city requirements to strengthen such buildings. My structural engineering firm focused on designing earthquake “retrofits” (structural upgrades to make older buildings more earthquake resistant) almost exclusively for the last 12 years.  This…

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NEWS RELEASE: Construction Delays are Ongoing as Most Costs Continue to Rise

[The recent] NMHC Construction Survey found that 90% of respondents reported construction delays[ with 78% of this group reporting delays in permitting and 86% experiencing start delays. Notably, an increasing share of respondents reported delayed starts due to a lack of availability in construction financing—from 7% of respondents in March, to 15% in June, to 31%…

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Vacancy Tax Bill Qualifies for November Ballot – By Gideon Kramer, SPOSFI News Editor

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…

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