Question 1: As always, any updates on the state of the courts and unlawful detainers? Answer 1: As most readers will know, California again updated its comprehensive state law directed at protecting tenants from eviction for non-payment of rent. Originally passed as AB 3088 in August 2020, updated by SB 91 in January, AB 832…
DetailsQuestion One: My property is located in Hollywood. A tenant has moved out and we are preparing the security deposit itemization form. Is it sufficient to send it by text or is it required that I mail the document to the tenant? Answer One: The law requires that a security deposit be prepared in writing.…
DetailsRead this, and let it really sink in . . . Then choose how you continue the year 2021 and how you plan to start your day tomorrow . . . Jerry is the kind of guy you love to hate. He is always in a good mood and always has something positive to say.…
DetailsHello everybody. Four topics (other than COVID-19 laws) continue to be in the forefront of our legal news. So instead of addressing one subject in depth as most of my articles in this column do, I will briefly discuss recent developments in four specific areas of law, namely: Arbitrations with Resident Managers, Arbitrations in Residential…
DetailsThe people running our State/cities are living in a fantasy world. Some of them really think that just because you own an apartment building, you have additional money to support another family by paying 40% or 50% of a tenant’s living expenses, which is their rent. Other politicians are even more evil than that –…
DetailsBob Lonsberry, a Rochester talk radio personality on WHAM 1180 AM, said the following in response to our President’s “income inequality speech”. [Major changes have been made to make it fit our current “free rent and forced labor” laws, as well as make it less politically personal.] The politicians have not empowered their followers;…
DetailsSo, let’s start at the beginning. Some of the data developed through the apartment industry reflects that many tenants have failed to apply for the “relief programs” available. The computer programming apparently requires an advanced Master’s Degree from the California Institute of Technology, Pasadena, or MIT! It’s too difficult, complicated, and the system gives rise…
DetailsMany investors recoil at the thought of selling a piece of investment property. And they usually have a good reason, whether it’s missing out on future appreciation, having to pay a massive tax bill or some other factor. Yet it can often make good sense to sell your property, thanks to a real estate investment…
DetailsIf you’re a professional property manager, you may have noticed a new type of owner in the market. This class of owner is confident in every aspect of their investments. They don’t have to stress the minutia of day-to-day work on their properties. They live in a state of certainty regarding the direction of their…
DetailsChallenge: Completing Tasks I have the perfect tenant. They pay their rent on time; they don’t call me for any repairs, and they never complain about anything. I can finally relax! When my students announce this in class, it brings up a red flag. As a homeowner or even as a renter, at least once…
Details