Failure to Pay a Security Deposit It is unwise for landlords to lease a unit without first obtaining the required security deposit. Promises to pay the security deposit at a later time or in installments, will usually result in an eviction action being filed. If this is your situation, be advised that you do not…Details
Hello everybody. In case you are not aware, on September 1, 2019 new 3-Day Notice laws and New Unlawful Detainer laws took effect. And they affect every landlord in California who serves a 3-Day to Pay Rent or Quit and every landlord who files an eviction action against a tenant.
With proper guidance, drafting, and implementation, your living trust estate plan will be effective to avoid probate, unnecessary taxes, and court control of your assets at your death or in the event of incapacity. However, without proper guidance, it is easy to make mistakes. First of all, incorrect assumptions or lack of prioritizing may lead…Details
That rent control is an ineffective and often counterproductive housing policy is no longer open to serious question. The profound economic and social consequences of government intervention in the nation’s housing markets have been documented in study after study over the past twenty-five years. In response to this hard-earned experience, states and local jurisdictions from…Details
Wholesaling is a popular real estate strategy, and it’s one that I believe should be in every investor’s toolbox. In its simplest form, wholesaling is buying a property at a deep discount and then selling it to someone for a higher price. Now you might be wondering, what are the traits of a successful wholesaler…Details
Question 1: Can you review any new landlord-tenant laws for 2019? Answer 1: Yes. There were several new state-wide laws affecting landlord tenant relations, but the one that may make the most impact is Assembly Bill No. 2343, which removes weekends and court holidays from the calculation of when a three day notice to cure…Details
A Landlord’s Open Letter on Why He is Getting Out of the Business – Will California Rental Property Owners Follow?
Here is one landlord’s open letter on why he’s getting out of the rental property business, and therefore no longer needs our newsletter. It is something he thought we should share with our readers.
A version of this article by Dr. David Eifrig first appeared on June 15, 2019 in the Stansberry Digest, published by Stansberry & Associates Investment Research, an independent investment research firm. You can visit them at www.stansberryresearch.com. Many Americans – average folks working to build a comfortable life – assume the “rich” have a secret…Details
Continued from Part 04 . . . Standard Deviation (“How sure am I to get it?”) The standard deviation (SD) straddles the mean (the “average”), with half the SD on one side and the other half on the opposite side.Details
Question One: I leased a house to a tenant. I requested a security deposit in the sum of $1,500 and he promised that it would be paid within 30 days. It has now been four months and he refuses to pay the security deposit. I had him sign a one-year lease. What can I do…Details