The 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 Thursday, October 27 at the Long Beach Convention Center in Hall C, 300 East Ocean! You’ll meet vendors galore with new products and services; you…
When it comes to enacting new taxes and fees in California, local governments have limits on their power. That means they can’t do whatever they want, whenever they want, to whomever they want. They can’t arbitrarily select a particular group of people or a particular activity and start charging new fees to burden them. And…
We all know the Social Security Trust Funds run at a deficit and at some point, will not be able to pay out the same level of benefits as they do now. When that happens, Social Security will only be able to pay 75%-80% of current benefits to Americans receiving such payments. Each year, the…
The Bureau of Labor Statistics has announced the 12-month adjustment (April 1, 2021 – April 1, 2022) in the Consumer Price Index (CPI) for the Los Angeles, Long Beach and Anaheim (Orange County) region has been set at 7.9%. This comes as no surprise as consumers have seen prices go up sharply for home sales,…
Fifty percent of all evictions start with a fraudulent rental application. Armed with this knowledge, I’ll bet you have a greater desire to detect fraud. It’s not front-page news that eviction and criminal history are commonly omitted from rental applications. You run a credit report to find out what applicants are not telling you. It’s…
As rents increase, more rental properties are being shared by more than one tenant, so here are three questions to answer before you sign with multiple tenants on the lease. It might seem like an antiquated phrase since most of us no longer buy apples in bulk, but the concerns about one bad apple spoiling…
To many of us, the apocalyptic summers of 2020 and 2021 feel like just yesterday — rolling power outages, orange skies and choking, smoky air. Unfortunately, it may be a preview of what’s to come this summer. After the driest winter on record in California, fire officials are worried. They are bracing for a tough wildfire season. Quick temperature…
Below are questions asked by rental property owners regarding California property management and resident manager laws followed by answers provided by Attorney Franco Simone. Definitions used in this article: Assistance animal is a term used to describe both 1) a service animal and 2) a support animal also known as an emotional support animal.…
An Albany, New York landlord was arrested after he allegedly abducted two tenants that he was unable to evict due to COVID-19 restrictions. The tenants had experienced hardship due to the pandemic and the landlord was frustrated that he was unable to evict them for non-payment of rent due to the COVID-19 eviction restrictions. …
The past couple of years have been rough for small property owners. Due to the economic and social disruption caused by the pandemic (and the continued passage of time without an earthquake), many of us have become complacent about ensuring that we’re as prepared as possible for the next temblor. We may be forgiven our diverted…