Legal Q & A By Franco Simone, Esq. & Lera Blevins, Esq.

Below are questions asked by rental property owners regarding California property management and resident manager laws followed by answers.    Q: My tenant provided me with a police report stating that he is a victim of domestic violence. The restraining order listed that the restrained party was his ex-wife who does not live at the…

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Higher Interest Rates Begin to Impact Multifamily and Construction Delays in the Apartment Industry Ongoing as Costs are on the Rise

Increasing Cost of Capital Causes Sales Volume to Drop Apartment sales volume fell while both equity and debt financing became more costly, according to the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for July 2022. However, demand in most markets was still strong relative to supply. “Continued interest rate hikes from the Fed have…

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Coming Next Month! The FREE “Million Dollar” Trade Show and Landlording Conference

The Big Show You’ll want to remember to mark your calendars for the big “Million Dollar Trade Show and Landlording Conference” next month.  The big show will be held on Thursday, October 27 at the Long Beach Convention Center in Hall C, 300 East Ocean! You’ll meet vendors galore with new products and services; you…

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Long Beach Vacant Lot Fee Challenged by Taxpayer Lawsuit By Susan Shelley, Howard Jarvis Taxpayers Association

When it comes to enacting new taxes and fees in California, local governments have limits on their power. That means they can’t do whatever they want, whenever they want, to whomever they want. They can’t arbitrarily select a particular group of people or a particular activity and start charging new fees to burden them. And…

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Tax-Free Retirement Plans – Zero is Your Hero By Joseph Adelizzi, Attorney

Investment firms have taken over the management and control of retirement funds. This transition has caused thousands of people’s retirement plans to be switched from safety and guarantees, to risky and unpredictable stock market investments.  When people direct their money into a 401K or IRA that is managed by a broker or plan administrator without…

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