If you recall about four and a half years ago, the Los Angeles court system did a sweeping overhaul with the unlawful detainer courts and closed many courthouses due to budget deficits. The eviction process, years ago, took about 30 days for an uncontested eviction whereas now it takes at least 45 to 60 days…
DetailsAs I write this on New Year’s Eve, I join the rest of the tax professionals trying to fully understand exactly how the 494 page TCJA will affect my clients. The TCJA represents the product of work begun by the GOP years ago, and refined (in mostly closed door discussions thru 2017 among the GOP…
DetailsTen –X Commercial, the nation’s leading online real estate digital marketplace, released the latest U.S. Multifamily Market Outlook including the top five “Buy and Sell” markets for multifamily real estate assets. The report shows that while fundamentals have begun to soften, demand across the apartment market remains strong due to positive demographic trends that continue…
DetailsI have been counseling clients for a long time to be careful of prepayment penalties that lurk everywhere in today’s mortgage environment. I don’t like prepayment penalties because they limit your flexibility as an investor (as both Buyer and Seller) in real estate, but they are hard to avoid, and my clients have had many…
DetailsHave recent storms gotten you thinking about diversifying your real estate investments? With the recent hurricanes in Texas and Florida and even the fires in California, it indeed has many local real estate investors thinking.
Why Do Online Rent Payments Work? In an increasingly digital world, residents overwhelmingly prefer to pay rent online using an eCheck (ACH), debit or credit card. PayRent.com provides the tools for modern day landlords and property managers to collect rent seamlessly. As an owner or manager you will have the added benefit of increasing resident…
DetailsDo you have a written Qualification Criteria list? A Qualification Criteria is a list of requirements of what you expect from an applicant and what will qualify them to rent from you. To protect you from a possible discrimination lawsuit, it should be in writing and handed out to all applicants along with the application…
DetailsHello everybody. Block walls, fences and other physical barriers which are not constructed precisely on the boundary line between two properties, but instead encroach on someone else’s land, are frequently problematic and sometimes result in litigation. Over the years I have authored many articles advising AOA members how to best protect their land from easements…
DetailsWhat Will the Trash Monopoly Ballot Initiative Do? It will repeal the exclusive franchise and stop their price-gouging monopoly. It will repeal the requirement that a hauler be a union company or have a “Labor Peace Agreement” with a union. It will remove forced recycling and fines; voluntary recycling will still be encouraged. It will…
DetailsThe below letter was sent to: Dear Mayor Garcetti and Councilpersons: For over three months we’ve been dealing with this terrible trash problem at Regent St., Los Angeles. This is only one of the many sites where we have trash collection problems with Athens Services! The new city garbage monopoly has radically increased the fees while…
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