Dear Dan: It gives me great of pleasure to tell you my experience with your employee Ms. Rebecca Abbott. I own number of apartments buildings in valley and Glendale it is almost ten years that I am member with AOA. Rebecca Abbott was my advisor and every time I talked to her she was able…Details
Q: I own a six unit apartment building in San Diego County that was built in the 1980s and I would like to remodel the units next year. Am I allowed to ask my tenants to vacate under the new Tenant Protection Act of 2019?
Clients always ask me, “Is it more cost effective to buy new appliances or used ones when existing appliances in rental units fail?” Unfortunately, there is no easy answer to that question.
In my ten years as a landlord, I never expected the dreaded pink letter indicating I was being sued by a tenant. Yet, there it was – right in my mailbox – a letter from my former tenants indicating they were suing us for withholding their security deposit. There are strict tenant rights laws around…Details
Typically, when somebody describes a business as being “in the toilet,” they’re delivering bad news. But property management is an industry built on the gritty work of contractors and maintenance technicians, including plumbing repairs. So if you’re a property manager and your company isn’t “in the toilet,” you’re doing something wrong.
Q: I own a rental property in San Diego where there is currently no rent control and my tenant’s rent is $1,200. I want to raise the rent to $1,500. Can I raise my tenant’s rent by 25%?
Filling the Vacancy is Not the Ultimate Goal Don’t fall for the myth that having your property rented is the ultimate goal. Yes, it is important to fill a vacancy and fill it fast. I actually consider that a number one priority. However, let me say for the record that I do NOT want you to fill…Details
Question: Did the new statewide rent control law I’ve been hearing about take effect? Answer: AB 1482 – the Tenant Protection Act of 2019 – has been passed by the California legislature and is in front of Governor Newsom for his anticipated signature. Absent his veto, which is by all accounts extremely unlikely, AB 1482…Details
Los Angeles City Councilmembers Mike Bonin, Marqueece Harris-Dawson, Paul Koretz and David Ryu are all backing a plan for an “empty-home penalty” or “vacancy tax”. This is another disastrous idea that is spreading throughout the whole state. They seem to think that this is “an important tool for addressing one of the root causes…Details