Learning from your mistakes so you can master your business is the key to your success. You can learn from other people’s mistakes, so I would like to share mistakes that I have either personally made or have watched investor-clients make. So here is how to avoid my top seven landlord mistakes.
DetailsIn the ‘80s, a punk rock band, The Clash, had a catchy little hit entitled, “Should I Stay or Should I Go.” As Californians start a new decade, many are asking themselves the same thing. For a few, the decision to leave is easy because of better job opportunities or the desire to escape California’s…
DetailsCritical Life Lesson: “Do You Know How to Catch Wild Pigs? This is for all you educated people that think uneducated people are dumb. Let’s see how this works out for you and your family if this country keeps pushing for socialism. There was a chemistry professor in a large college that had some exchange…
DetailsThe Big Show You’ll want to remember to mark your calendars for the big “Million Dollar Trade Show and Landlording Conference” next month. The big show will be held on Wednesday, April 29th at the Long Beach Convention Center in Hall C, 300 East Ocean! WIN A FREE TESLA MODEL 3!
DetailsShirley Gibson isn’t quite sure how to feel about these numbers. As directing attorney of the Legal Aid Society of San Mateo County — which offers legal services to low-income tenants caught between the preposterously priced southern suburbs of San Francisco and the preposterously priced suburbs of Silicon Valley — she’s seen firsthand how…
DetailsQ: I am renting out an apartment unit. One of the applicants was arrested for assault last month but has not been convicted of the crime. I do not feel comfortable renting to someone who was arrested for assault. Can I deny his application based on his arrest? A: No, you may not deny a…
DetailsHello everybody. This month, let’s discuss the differences between Quitclaim Deeds and Grant Deeds. As you will see, Grant Deeds have a surprise ending, or at least an ending that most lawyers might get wrong if they were questioned on the topic. Here is the question: Does a person who gives a Grant Deed to someone else…
DetailsShould you be self managing your property or should you be paying a management company to deal with your property? It’s a question that comes up quite often around here and there really is no one answer that fits everyone. Personally, I manage all my properties, I save a ton of money by doing it…
DetailsThe new state law AB 1482 extends rent control to buildings constructed after June 1979, the effective date of the San Francisco Rent Ordinance. Included in the law is the requirement that landlords disclose in their rental agreement if a unit is subject to AB 1482’s rent control provisions. The disclosure requirement kicks in on…
DetailsMost California office tenants know that commercial landlords typically pass on a pro rata share of real estate taxes, including property taxes, to their tenants. In the most common office lease, tenants are only responsible for property tax increases over the “base year” amount which is most often the year of the commencement date…
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