Investing in multifamily housing and apartments requires extra investigation, sometimes called due diligence by attorneys, for investors who want to be certain they do not make a mistake. This extra investigation and these questions are beyond what a real estate investor may do normally for a typical commercial real estate investment. As a real estate investor,…
The purpose of unlawful detainer proceedings is timely restoration of possession. Time periods for pleading [in unlawful detainer actions] are shorter than ordinary civil actions; the matter is set for trial more quickly and they are entitled to priority on the trial calendar. Thus, under California Law, these are the top ten reasons to do…
Do you ever feel like you are moving so fast that you start to make “dumb” mistakes at work? Or what about your teams? Do you feel like sometimes you give them the SAME instructions and they continue to miss the SAME steps?
On November 30, 2015 the United States Department of Housing and Urban Development (HUD) issued new guidance involving the use of criminal background screening in federally assisted properties. In honor of Fair Housing Month, HUD issued new guidance on April 4, 2016 for this topic for all communities. That guidance, which was effective immediately, requires…
Many apartment buildings secure the property with a common key that will allow the tenants to enter the building and usually, the same key is utilized to access the parking area, pool, or gym. Many times this is done with just a standard, classic key and sometimes the keys are even stamped “Do Not Duplicate”…
As a building owner, you need to have your rents keep pace with the market with the same diligence you look after your roof. Always remember that in the eyes of your banker, appraiser, buyer or real estate broker, the value of your property is tied to your rents.
New York: Once again, demonstrating threat that the rent laws have become so complicated that the courts seemingly do not understand how to interpret and apply them, the Appellate Division, First Department, has upheld a lower court’s award of treble damages totaling almost $1 million.
Pool chemical-associated injuries can be effectively prevented through employee training program. Injuries from pool chemicals led to nearly 5,000 emergency room visits in 2012, according to a study released Thursday by the Centers for Disease Control and Prevention.
Suppose that the time seems right to sell your building, but you cringe at the thought of letting Federal and California taxes confiscate up to 37.1% (and up to 42.1% on depreciation recapture!) of your hard earned gains. Tax laws have long provided a way to escape these confiscatory taxes, by using a Capital Gains…
Possibly the biggest thing that troubled Emily about her rental house was that it took seven months from the close of escrow until she deposited her first rent check. She’d been feeding it from her savings, and towards the end her reserves began to run scary short. It got so bad that Banana Pudding made…
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