Author: David Roberson

Landlords

New Garage Door Opener Law Goes in Effect July 1, 2019

Unfortunately, at least five souls lost their lives during the most recent devasting Northern California forest fires because their garage door openers did not function after power failed at their properties.  In an attempt to help prevent unnecessary loss of life in similar situations the California Legislature passed SB 969 which will take effect July 1, 2019.  The law effects any and all residential properties going forward because it imposes new requirements on all garage door openers installed into the future.  Homeowners, residential rental property owners and property managers managing rental units who are replacing automatic garage doors will now be required to install garage door openers with battery backup systems.

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Commercial property management

Contractors Can Not Under Report Workers Compensation Insurance Obligations

In the state of California, every employee (not a family member) working for a contractor must be covered by Workers Compensation insurance.  Not having proper Workers Compensation insurance in accordance with California Business and Professions Code Section 7125 et seq. can lead to serious ramifications for contractors, including having to pay back any compensation provided to them on any given project, no matter where the project is at in the construction phase.  California Business and Professions Code Section 7031 et seq.  Workers Compensation insurance is serious business in California and contractors must abide by the laws to avoid significant legal issues and potentially lose their license.  To defraud the state of California by failing to pay insurance for employees or under report the type of work or amount of work being conducted has equal penalties for contractors.  Importantly, consumers are the ultimate losers as insurance claims against uninsured or underinsured contractors end up being distributed to California citizens.

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California Habitability Standards

What are the repercussions for the tenant and the homeowner for an unpermitted Accessory Dwelling Unit? David Roberson, Esq. answers the question at the “Tiny

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For Tenants

Saratoga, California, a Brief History of Real Estate Development and Change

Saratoga, California is located at base of majestic redwood forest forming the locally known Saratoga Gap on the northeastern and eastern slopes of the Santa Cruz Mountains.  Ohlone Indians occupied this territory during their heyday as evidenced by artifacts and tools found in these foothills.  Ordered by the Spanish government in 1776 Juan Bautista de Anza also travelled through Saratoga on his way to the Monterey Bay.  Half a century later a large land grant to Jose Noriega and Jose Fernandez of the land area which today is known as Cupertino, Campbell, and Saratoga was consummated.  Later Manuel Alviso bought this parcel and renamed the “ranch” Rancho Quito.

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Landlords

Self-Management or Property Management Professional? That is the Question

When you’re thinking about advantages and disadvantages of owning a rental property, it’s easy to narrow the thinking down to the equation of rental income minus expenses equals your profit. This is a basic formula to start with, but there are so many different factors and variables that go into making it more complex than it seems. Many rental property owners don’t realize how much of their own time and effort is required for upkeep, taking tenant calls, collecting rent, enforcing leases and more. This brings us to the point of whether it’s worth the investment of your own time to handle these duties, or if paying a property management company to handle them for you is the way to go. Everyone views these perspectives differently but getting an overall understanding of both sides will help you make the decision that fits your lifestyle best.

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For Tenants

The Pros and Cons of Owning a Rental Property

For some people, owning a rental property can seem like a dream scenario. For others, it may seem like a nightmare they’ll never wake up from. It’s only natural to have mixed feelings about owning a rental property, since there are so many different pros and cons to think about. Even when you take the time to weigh them all out, it can still seem like there are just as many risks as there are rewards.  Most of the time, a person’s experience owning a rental property won’t be a complete dream scenario where there aren’t any issues and the rent checks just keep flowing in. But the experience won’t be a complete nightmare either. It will be somewhere in between. There will be plenty of ups and downs, things you can plan for and things you get blindsided by. Everyone has a different risk tolerance, so making a list of the pros and cons of owning a rental property can help you decide whether the risks are worth the rewards for you.

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For Tenants

Mold Prevention and Mitigation Guide for Property Managers

We focus on mold prevention and mitigation in our property management practice. We rarely use the “M” word because we are not an industrial hygienist or a laboratory.  However, mold is commonly talked about in the real estate world and is everywhere – that simple fact doesn’t take away from the seriousness of it.  A mold infestation or contamination can be extremely damaging to a property and to investment property managers.  Not only does mold put your tenants/residents at risk, but you and the property owner may have to spend a significant amount of time and money to properly mitigate the environmental condition and make the rental unit a safe and comfortable place to live. 

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Uncategorized

The Impact of STRs on Neighborhoods and Local Regulations

The increasing popularity of short-term rentals (STRs) like Airbnb and VRBO has prompted local governments to consider regulations to maintain neighborhood integrity. While these rentals provide owners with extra income, they can disrupt community cohesion. A balance between owner rights and neighborhood stability is crucial for local jurisdictions.

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Landlords

Is Your Real Estate Investment Strategy Creating Too Much Risk?

After performing a comprehensive and exhaustive analysis and identifying realty as your next investment, one of the most important tasks real property investors can do before pursuing an investment strategy is to determine the risks associated with it.  It’s virtually impossible to completely avoid risks so the more you can understand about your investment by conducting due diligence, the more you learn about your risk strategy and mitigation options, the better your chances will be of making a successful and profitable investment.  Doing homework, asking many questions, and performing comprehensive investigations are just some of the things that needs to be done before you pull the trigger.  Just winging it is not a strategy.

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