This article is an in-depth exploration of the concepts “Test Only” and “Conflict of Interest” in the mold services industry. Test Only Property Managers need to perform a certain amount of due diligence when investigating the occurrence of tenants who complain about mold. Sometimes there is a problem, other times there is not. A…
DetailsOn March 25, 2021, Senator Sanders re-introduced the “For the 99.5 Percent Act.” And now, more than ever, property owners need to worry that it will pass this year and devastate the inheritance you can leave for your heirs. Any hope that the Republicans can hold this off in the Senate pretty much disappeared a…
DetailsChallenge: Going on a Vacation You’ve been working day-in and day-out and then you realize life is more than just work. So, you decide to go on a vacation. Then the daydreaming begins; relaxing on the beach, taking a hike in the mountains, or maybe taking a road trip across the country. The choices…
DetailsBelow is a letter sent to the Los Angeles City Council members. Honorable Councilmember and Staff: I just read about a proposal by HCIDLA to increase SCEP fees substantially and make the fees chargeable to the property owners. As you all surely know, SCEP came about during the terrible California Real Estate recession in…
DetailsThe following are 10 tips on how to achieve a seasonal marketing overhaul. Take New Photos Spring is when the flowers look their very best, when the skies are crystal blue, the summer haze has not yet set in and leaves on trees are multiple shades of green. Shoot new photos with all of your…
DetailsProperty owners initiating a 1031 Exchange often end up in that situation by choice after deciding to sell an investment property or business. But what happens when that decision to sell is out of your hands? That is the case when the government steps in to acquire a property by exercising its power of eminent…
DetailsAOA LENDS HELPING HANDS! Dear AOA: Good Morning, my name is Josie and I am a landlord. I am just learning how to manage an apartment complex on my own. I am sending you this compliment today as one of your employees, Victoria Ross, is one of the most customer service-friendly representatives I have ever…
DetailsCan you sell a property when you have one or more tenants who aren’t paying rent due to COVID-19? The short answer is YES, it is just a matter of taking the right steps to ensure that you and your real estate agent understand and follow current laws regarding notices, disclosures, the eviction moratorium and…
DetailsMany wise investors recognize that prices often drop during a recession. If you’re hoping to buy the next time apartment prices slip, buy a 2030 calendar and get ready. Within the next decade, we will probably have another recession. By the way, did you write any offers during the depths of this recession? In March,…
DetailsWith three COVID-19 vaccines now in distribution, the end of the pandemic is finally in sight, and we can transition toward planning for a post-COVID world. The novel coronavirus has impacted virtually every industry, and property management is no exception. Though the pandemic has brought tragedy and difficulty with it, we can at least salvage…
Details