Hello everybody. For many years I have cautioned members of the Apartment Owners Association about the insidious automatic renewal and extension clauses which frequently appear in laundry company leases. In my column this month I will review those and other problematic provisions and make specific recommendations to AOA members as to how to avoid them.
As you determine ways to make your apartment complex more appealing to tenants, you should pay attention to the latest trends when it comes to outdoor spaces. More specifically, take note of what the American Society of Landscape Architects found when they conducted their Residential Landscape Architecture Trends survey. Then consider using these findings to…
Q: My tenant filed a code compliance complaint with the city and did not notify me of the issues he complained of prior to filing the complaint. I am frustrated because I subsequently received code violation notices from the city and was not given an opportunity to address the violations. I am worried the tenant…
Webster defines the word “objection” as “A reason or argument presented in opposition; a feeling or expression of disapproval.” He makes an objection sound negative. In reality, an objection from a prospective renter is a positive buying signal. It tells the leasing person that he or she is interested, but needs help figuring out “details.”
It’s no surprise that landlords and property managers have full schedules and endless things to do. With lots of tasks to juggle and plenty of jobs every day and every week, it’s easy for landlords to get burned out from the business.
It is the first city you come to when you enter San Diego County coming down from Los Angeles and Orange County. As you enter the town, you can’t help but notice the harbor and beautiful beaches and … you are not the only one. The uptick in development in the beach area is stunning.
How important is the 1031 Exchange? To investment real estate owners – extremely! To the economy – very! To the short-sighted Federal Government? Insignificant. The Federal Government is willing to kill an important provision in the IRS Code that creates jobs, keeps investment dollars working and actually builds our economy. Congress has forgotten that investment…
As the reasonable accommodation rules under the Fair Housing Act* continue to receive national press and more tenants use the rules to ask landlords to accommodate their special needs, it makes sense for landlords to codify their response to reasonable accommodation requests in order to maintain consistency.
Question One: I have a rent controlled tenant in the City of Los Angeles. I want to temporarily move this tenant into a vacant unit while we remodel his unit. We have agreed that once he moves back in, rent will not be charged for the first year. Thereafter, rent will go up to market…
How’s your move-in experience? If it consists of getting a signature, handing over the keys, and waiting for the checks to arrive, it may leave something to be desired. If your community isn’t putting its best foot forward with new residents, it’s time to give your
