Cloudy morning … it’s winter season, the weather report says rain today, and you’re worried about the roof leaking. Promising evening … whew, the rain has moved on and we didn’t get any calls from the tenants about a roof leak. The next day … the weather report says rain all next week. What am…
DetailsFrequently, investors are seeking out reduced management and or passive real estate investments. Real estate owners are simply tired of the three Ts (Tenants, Trash, Toilets) and are looking for alternative options to consider. One option that a lot of investors are being sold by their real estate brokers is Net Leased properties, which are…
DetailsMany parts of the world are in turmoil because of religious or political conflict or the ravages of the COVID-19 pandemic. Millions of people have become refugees or have chosen to leave their home and go to a new country to begin a new life. They usually come with only a few belongings but with…
DetailsJohn J. Cisco died in 1884, leaving his bank (John J. Cisco & Son) to his son. Unlike chartered banks in those years, private banks were structured as self-insuring general partnerships. This placed the entire net worth of each partner at risk and, significantly, meant that substantial deposits were driven by social relationships. When Cisco…
DetailsHello everybody. Although I have written on this topic before, a great many landlords, and even some judges, continue to believe that title to real estate can be held by a living trust. (I am sure they didn’t read my prior articles, but judges should know the law without having read anything that I have…
DetailsQuestion 1: Any updates on the state of the courts and unlawful detainers for lease breaches other than non-payment of rent? Answer 1: As has previously been discussed in this column, the state law passed in January known as SB 91 provides the comprehensive procedure and rules regarding nonpayment of rent cases through, at this…
DetailsOn May 4, 2021, the County of San Diego Board of Supervisors passed an ordinance that further restricts evictions in San Diego County. This moratorium stops evictions at all stages unless the eviction is necessary due to an “imminent health and safety threat.” This moratorium becomes effective on Thursday June 3, 2021. The following questions…
DetailsOften, when landlords talk about prorated rent, it revolves around refunding a few days’ rent when a tenant leaves early or possibly charging them a few extra days’ rent if they stay a few days into the next month. They often overlook the opportunity to use prorated rent to make it easier for tenants to…
DetailsI was recently on a road trip with my family up the California coast enjoying a much-needed change of scenery since all my vacation plans have been cancelled for the past year due to COVID-19. We travelled from town-to-town and booked all of our hotels ahead of time so that we could be assured that…
DetailsKnowing when and where to take a risk is an important trait for any successful business owner, however, taking a risk on safety, security, and insurance coverage could be the last business decision you make. The following recommendations can help you avoid or recover from theft or loss. Maintain Your Property and Keep it in…
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