Embezzling or theft by a manager or employer is a topic most owners never consider. But many owners are losing money right now and don’t know it. It can happen in the best of buildings and in the best of management situations. If a manager wants to take money it can be done. In my […]
Tag Archives | Property Managment
Attorney General Bonta Issues Consumer Alerts, Guidance to Protect California Tenants and Remind Property Managers and Landlords of their Legal Obligations
Tuesday, February 6, 2024 Contact: (916) 210-6000, [email protected] Includes new information calculating allowable rent increases under TPA SAN FRANCISCO – California Attorney General Rob Bonta today issued five consumer alerts advising California tenants of their rights and protections under state law, and alerting property managers and landlords of their obligations to tenants. The consumer alerts cover […]
SELLERS PIVOT AS REAL ESTATE MARKET COOLS; This is a headline in my local newspaper.
33134132 – home for sale real estate sign in front of beautiful new house. This headline probably compares to some you have seen. In my county the sales last month were down 38% from last year and there are many other conditions changing. The number of homes listed for sales is up in every county. They […]
PROPERTY MANAGEMENT EDUCATION:
Many years ago in a far off land called the San Fernando Valley; Duane Gomer owned a Property management and Syndication Company. He started in Property Management with the Forest E. Olson Company and when he got his broker’s license, he became an entrepreneur in beautiful downtown Sherman Oaks. He built his business by teaching […]
LEGAL CORNER
Question Seems like more and more of my prospective residents have past due balances on their credit reports and outstanding collection accounts. Years back I wouldn’t even consider someone with a collection account, but if I did that now, I’d have an empty building! What do you think? Answer According to a recent study […]