SUPREME COURT SAYS RENT IS NOW DUE! Just recently, the Supreme Court struck down the CDC eviction moratorium on the grounds that it “strains credulity” to believe the CDC had the power to regulate rentals nationwide. The CDC’s claim of expansive authority is unprecedented. Could the CDC, for example, mandate free grocery delivery to the homes…
DetailsThe recent fluctuations in the United States stock market have many investors looking for more conservative and less volatile investments. On top of that, traditional investment instruments like stocks and bonds are similarly not looking very attractive because of their lackluster yield performances. Therefore, more and more investors are attracted to Real Estate Income…
DetailsLet’s assume you are already doing the basic screening duties. Everyone fills out a rental application. You check the credit report, the employment and bank account information, landlord references, and the applicant has shown the ability to pay the rent. So far, the rental candidate shows good potential for your vacant apartment. Signs are there…
DetailsIf you own real property or other valuable assets, there is great benefit in creating and maintaining a quality estate plan. With proper guidance, drafting, and implementation, your estate plan will be effective to avoid probate, unnecessary capital gains and estate taxes, and court control of your assets at your death or in the event…
DetailsA research study shows that of small landlords with three or fewer properties, 56 percent are dealing with delinquent renters, according to a release. The research from Nevada Realtors (NVR) was only for the state of Nevada, but points out how small landlords, often called “mom-and-pop” landlords, are carrying a heavier burden than larger corporate landlords. The National…
DetailsOn May 4, 2021, San Diego County Board of Supervisors passed a (temporary) ordinance, 3-2, which prohibits rental evictions regardless of the cause of the tenant not paying rent. In 2020 there were 990 evictions in San Diego County, with 3,300,000 people. Some of the evicted renters had ample money and steady employment but simply did…
DetailsQ: I am a landlord and my previous tenant owes me money. What is the procedure to file a small claims lawsuit? A: You will first need to prepare and file a Plaintiff’s Claim and Order to go to Small Claims Court (SC-100). This form is found online or purchased at the San Diego Superior…
DetailsThe below article was written by Mercedes Shaffer, an agent with Pacific Sotheby’s International Realty. For the past year and a half, the eviction moratorium forced landlords to bear the burden of providing appropriate housing for tenants who, in turn, only had to pay little to none of their rent if they said they…
Details[In July], the United States Supreme Court announced that courts must hear our case Pakdel v. City and County of San Francisco, which challenges a San Francisco ordinance that forces land owners to provide lifetime leases to tenants. In the Court’s opinion, they removed barriers to bringing property rights cases in federal court. In 2009, Peyman Pakdel and his wife bought an apartment…
DetailsLet’s have an honest conversation about screening. By now, we’re all aware of Fair Housing laws and how they apply to screening potential tenants. We all have written screening requirements and we stick to them. [If you don’t have your qualification criteria in writing – DO IT NOW. AOA has a free sample for members…
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