When you invest in commercial real estate in California, you assume certain risks. Risk-taking is an important part of achieving success through investing in commercial real estate, but it is wise to manage those risks to the fullest extent possible to avoid potential...
What rights do commercial tenants have?
Commercial real estate is quite different from residential real estate in many ways, but there is one area where they are quite similar. According to REoptimizer, the law does put restrictions and limits on your interactions with your commercial tenants. One of the...
What is the rest stabilization ordinance?
It is common for local areas to create ordinances to help protect tenants in rental situations. According to the Los Angeles County Consumer & Business Affairs, the Los Angeles County Rest Stabilization Ordinance is a law that limits rent increases and offers...
Key considerations prior to evicting a tenant
If you are thinking about evicting a tenant, there are many factors to go over. For example, you have to think about the financial side of eviction, as well as the feasibility of discussing these matters with your tenant. On their website, the Office of the Attorney...
The elements of an adverse possession claim
Adverse possession is a legal concept governing the possession of land owned by someone else. The adverse possessor acquires valid title to the property in question as long as he or she has the land for the length of time dictated by the state statute and meets all...
Managing your emotions during a dispute with your tenant
There are many reasons why disputes between landlords and tenants come up. Our blog has touched on eviction and other legal issues that arise when landlords and tenants encounter problems, whether a tenant falls behind on rent or violates a rental agreement in some...
Tips for a profitable commercial real estate transaction
Buying commercial real estate is one thing; profiting from it is an entirely different matter. We know that your goal involves the latter. Otherwise, why bother making the purchase in the first place? Even if you are a seasoned real estate investor, there is no harm...
Expanding into the Los Angeles multifamily market
As prices rose and real estate sales slowed in Los Angeles during the second quarter of 2020, many developers began to plan their next moves in an unsure market. As reported by the Los Angeles Business Journal last month, multifamily properties such as apartment,...
If someone has died on the property, must you inform tenants?
When you rent out property to tenants, you have a responsibility to inform them of certain information, such as problems or defects on the property. The act of sharing this information with prospective tenants is a disclosure. If someone has died on the property, is...
Should you go for mediation or arbitration?
California real estate professionals like you may sometimes get into disputes. Whether it is with a client or someone else, disputes are harrowing. Even professionals find these situations stressful. There are different ways to handle disputes. Some methods are...