A Practical Approach to Real Estate and Business Law

If you are investing in real estate through a suspended LLC or corporation, this is a bad idea.   Imagine that you have identified a fantastic real estate investment opportunity, and you have the purchase of this real estate under contract. However, before you close escrow, the seller develops sellers’ remorse. The seller tells you that unless you substantially…

California legislators just passed a historic rent control bill, becoming one of a growing list of states to pass statewide rent control and other tenant protections.  The bill is expected to be signed into law by Governor Gavin Newsom, who supported its passage through the legislature.  Read on for details about the new law, and…

If you are a landlord with residential properties, then you have probably dealt with your share of problematic tenants.  You may have dealt with tenants who don’t pay rent on time, who bring in pets or long-term guests without permission, who make too much noise, etc.  You may have dealt with a hoarder.  Hoarding in…

Real estate ownership and management can be complicated, particularly for elderly Americans.  California has several laws in place that specifically protect the elderly in property transactions in order to prevent unscrupulous parties from taking advantage by means of fraud or undue influence.  A recent criminal fraud case out of Los Angeles illustrates how a deceitful…

Flipping real estate, especially if you’re a relatively new investor, may entail purchasing a new property before the sale of a previous investment is complete. This may mean that funds critical to a new purchase are tied up but will soon become available. In these cases, some real estate investors opt to take out bridge…