Question One: We wish to install security cameras in our apartment complex. Do we need to inform the tenants and get their consent? We are trying to prevent vandalism to our property.
Honorable Mayor Eric Garcetti: As a San Fernando Valley Boy you have some ideas of the issues we face as a step-child of Los Angeles. What the city council members do affects us also, and the most recent deal to create monopolies for trash haulers has become a travesty. I understand the desire to reduce…Details
There are tips and tricks you can use to maximize your efficiency and minimize your wasted energy. Without proper weatherization, you are literally throwing money right out the window. Here are some helpful weatherization tips that will help you save money throughout the winter months.
California just became the world’s largest legal marijuana market. When pot is legal in a state, what issues does this present to property managers and landlords of rental properties? Property managers are often confused and seeking to better understand how to handle the issues of legal marijuana and medical marijuana when it comes to tenants…Details
Want to know where the highest apartment rental rates are? Where can you expect the most vibrant commercial real estate development in our region’s future? You better familiarize yourself with Transit Oriented Development (TOD). If you have your pulse on commercial real estate development, then you’re familiar with TOD. The concept is simple – orient…Details
AB 1506 DEFEATED! It was the Biggest Threat to Small Property Owners Since Rent Control Itself! – by Noni Richen
[Editor’s Note: Great news for the multifamily housing industry! Last month, Assembly Bill 1506, to repeal the Costa-Hawkins Rental Housing Act of 1995 was defeated! At the Housing and Community Development Committee meeting, (a five member committee) – two of the members were in favor, two were against, and member, Ed Chau, abstained; therefore, preventing the…Details
Question 1: When is a pet not a service animal? How do I verify that I can’t charge more for the pet? Answer 1: A service animal means any dog that is individually trained to do work or perform tasks for the benefit of an individual with a disability, including a physical, sensory, psychiatric, intellectual,…Details
Building Wealth at Your Pace: San Diego Apartment Investment Strategies – (Part 1 of 4) – by Terry Moore CCIM
A mentor, who has helped 100 households become financially independent, confides “There are a million ways to make a million dollars!” Wise investors select the strategy most fitting their personalities, capacities, and goals. This four-part series describes proven paths for investors who have progressed beyond single-family rentals. These ideas are demonstrative, not all inclusive. The…Details
Question: I am a landlord and do not want to look for new tenants every year. How many years should I make my lease for? Answer: A lease can be beneficial or disastrous for a landlord. It is beneficial to keep a tenant for multiple years, so you do not lose time and rent trying…Details
Following in the footsteps of tenant groups in Glendale and Long Beach, a Pasadena group has also filed preliminary paperwork to place a rent control initiative on an upcoming ballot. The Pasadena ballot measure would: establish a city-run rental housing board limit rent increases, and force the city to adopt “just-cause” eviction policies — which…Details