A previous article warns us of imposed fines for not following the EPA’s Lead Renovation, Repair and Painting (RRP) rule. Two companies were just fined over $42,000!If your property was built before 1978, lead based paint was most likely used in its original construction. As an owner, hopefully, you are well aware of the dangers…
DetailsIf I only had a roll of quarters for every time I heard that statement from an apartment owner interested in purchasing their own machines. After further research, they usually come to realize that the “agitation” of owning their own might be more than they think.
Question 1: My tenant complained about mold after a recent rain, and it’s the first I’ve heard of any problem with any water intrusion into the apartment (apparently, there was a cracked window that allowed a small amount of moisture to seep in which eventually resulted in mold below the window). The tenant is threatening…
DetailsAs you are aware, California now has statewide rent control and with it comes some additional form requirements and updates to our Rental Agreement and/or Lease.
There are several signs that California multi-family rental property owners and managers should consider posting, depending on the characteristics of the property.
PRAY! To those of you who pray, we hereby ask you to pray to God for wisdom and understanding; for help in reacting and asking others to react properly to the coronavirus and the housing crisis; for a good and accurate understanding of the needs of those who consume housing and those who provide housing,…
DetailsHello everybody. It marvels me how often apartment owners enter into leases in the name of their family living trust, or worse still, file lawsuits under the name of the trust.
Q: Another landlord I know told me that my rental property is exempt from California rent control known as the Tenant Protection Act of 2019. What types of rental properties are exempt from rent control?
DetailsQuestion One: I recently purchased a house at a foreclosure sale. The previous owner refuses to talk to me and states he will not be vacating the house. He told me that I would be arrested as a trespasser if I came back to the house. How can this be since I am the owner…
DetailsSound estate planning is not just about taxes, although that is often the “hazard” that motivates apartment owners to do, or update, their estate planning. Instead, it is really about taking care of everyone you love and everything you own. Of course, the tax component of good estate planning means there can be more wealth to take…
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