Pacific Heights is a 1990 American thriller movie starring actors Melanie Griffith, Matthew Modine and Michael Keaton. It’s the story of a young couple that purchased an expensive 19th-Century house in the exclusive neighborhood of San Francisco. This young couple, (Griffith and Modine) have some extra rooms in their new home, so they decide to rent…Details
Dan and Maria Levin live in the upstairs unit of their two-story home in San Francisco, California. They would like to use the lower unit for friends and family, but a city ordinance required them to pay their tenant $118,000 to withdraw the unit from the rental market. This amount represents the difference between the…Details
Question One: I served a 60 day notice to vacate to a tenant who is on a month-to-month tenancy. The notice will expire in the middle of the following month. How should I handle it if the tenant attempts to pay the full amount of the rent on the first? This tenant in the past…Details
The act of changing a furnace/air filter is probably as unglamorous and unrecognized as any task that our team faces on a daily basis. Have you ever received a comment card that stated, “Tom changed my air filter today? He’s my hero!”
Unfortunately, jury trials are still something that we have to be careful of and watch out for inSouthern Californiaevictions. We are seeing the continued rise of jury trials, not only in rent controlled areas but in all counties. What can you do to strengthen your case if it has to go to jury?
Effective immediately, Southern California City of Inglewood unanimously passed a measure that prevents landlords from: 1) Raising rents by more than 5% and; 2) Evicting tenants for any reasons other than criminal activity or drug use in the rental property. This is for a 45-day period, but they also have the option to extend it…Details
If you own rental property in Los Angeles, you are well aware that you are currently being gouged by the trash companies as a result of Mayor Eric Garcetti’s recycling program that was approved by the City Council. According to the LA Times, the city and trash companies have made a new deal. Crooked Deal! AOA…Details
Should you promise to stand behind the loan on your property? Your gut reaction might be “I always pay my debts.” I’m right there with you. However, no one wants misfortune at one property to sink their whole balance sheet. As such, many investors opt for non-recourse debt to protect their net worth. Let’s review…Details
Question 1: Are the new Oakland Rent Control laws applicable to a condo that has been rented for the past 8-10 years that we need to sell, or raise the rent on. Where can we find the most up-to-date interpretation of this law as it applies to condo owners who have rented out their condos?