Had to have a rental re-keyed today. The locksmith handed me the old key, and I proceeded to drop it. Of course, it bounced once off of the counter and went right into the garbage disposal. No key anymore. It was clearly there, but our hands were too large to reach in and get it. […]
More Property Management Lease Agreement Facts
This makes three Property Management articles in a row. Why? Well, I am starting to organize a new 15 Hour Property Management course for State Approval, so my mind is on PM matters. Now, I have to start organizing and stop procrastinating. Whenever I read a document, I note what is given emphasis by type […]
More on the Lease to Avoid Problems in Your Future
In today’s world we are asked to make this one decision all the time. In case of a problem do we want to arbitrate or go to court? This happens all the time in medical offices, credit card applications, real estate purchase agreements, and probably soon in our homes with our spouses and children. Read […]
Important Word for Owners, Tenants and The Public
The important word for today is “Lease”, as in leasing residential property. Owners and tenants should understand the consequences of signing any mysterious documents. The question for today is, “What happens at the end of the lease?” The tenants could move out. Obviously the parties could extend the agreement or make a new one. Or […]
Headline in LA Paper: Realtor Scores for Pros
The subject: Jordan Cohen of Westlake Village ReMAX Olson Associates. Why the title? He has sold homes for among others Reggie Bush, Pete Sampras, Marcus Allen, Kobe Bryant, Marilyn Manson, etc. etc. etc. Seeing an article about Jordan/ReMAX Olson really brings back the old memories. First, Jordan’s parents were two of the nicest Real Estate […]
Two More Weeks of March Madness; What’s in Your Wallet?
My daughter presents a 60-70 person bracket contest. Amazing results so far. The first two days a contestant picked 30 out of the 32 games correctly, even with all the upsets. I had 27 out of 32, and thought I had done well. During the next two days contestant number one found out that “Fame is Fleeting” […]
Do I Have to Pay a Tenant Interest on Their Deposits in California?
The answer is yes if your rental is in Berkeley, E. Palo Alto, Hayward, Los Angeles, San Francisco, Santa Cruz, Santa Monica, Watsonville (Watsonville?), and West Holllywood. In Santa Monica and E. Palo Alto you must keep the funds separate in and FDIC type of account. You must pay once a year and the end […]
Good News: I Look for it Everywhere, so I am Happy Even if Naive!
#1–In Orange County only two teachers were given “pink slips”. Maybe there will be more money for education. #2–Headline: State Officials Say Tax Revenue Exceeds Forecasts. $633M more than estimated, and they say more money will go to education because of some constituational funding formula. Thinking this over, this is not good news for […]
March Madness Has Already Begun
Prepare Your Brackets Have you all prepared your brackets? Last year my entry ended quickly as I picked Wichita State who was undefeated going to the Dance to win it all. The NCAA gave them such tough first games that my Bracket was done the first weekend. For all bracket watchers who are picking by team colors, etc., […]
Can You Sue Your Credit Card Company?
Did you know that in the small print of your agreement with your card company, there is probably a clause that states there is mandatory arbitration required whenever there is a dispute? We have given up our right to sue and to form any type of class action lawsuit. Some critics say that this is […]