Milan Properties Blog http://www.milanproperties.us Apartment Building Pride of Ownership Mon, 12 Jan 2009 20:48:13 +0000 http://backend.userland.com/rss092 en When Will Lenders Discount 2008 Properties and Should You Take 2008 Capital Gains Profits? Milan Properties Okay, so there are lots of foreclosures.  Many have been listed for sale – but at full ticket prices. When is a Bargain a Genuine Bargain? There are auctions of properties, priced at 25% less than 2006 prices; but not priced at 25% off 2008 prices, which are substantially lower! If house prices in your ... http://www.milanproperties.us/?p=111 Legal Questions and Answers by Dennis Block & Associates brought to you by Milan Properties    Question One:  I recently purchased a house in a foreclosure proceeding. There are  occupants in the house. What notice is required to force them to vacate?  Answer One:  If the previous owner or his family is occupying the house, a "30-Day  Notice To Quit" is required. If the persons who are occupying the ... http://www.milanproperties.us/?p=110 Points to Consider Before You Copy the Keys- Amy Rubenstein gives you advice. As rents continue to rise, so do the number of people looking to share a rental. After all, why pay $1,200 for a two-bedroom when you can pay $600 for your share?   Here are suggestions for making roommate life a little easier. * Compile an inventory of your personal traits. ... http://www.milanproperties.us/?p=106 The Benefits of Organizing Your Rental Property as a LLC; Can You Afford Not To? 7011 Fountian LLc. (Published in November 2003 issue of Apartment Owners Association of Los Angeles Magazine) By Michael K. Elson, Esq. Generating income is the primary goal of any entrepreneur. Equally important to businessmen and investors is the desire to avoid personal financial liability for the obligations of the business. The invention of the ... http://www.milanproperties.us/?p=105 Foreclosures ensnare low-income renters- By William Heisel Amy Rubenstein   Ruth Cordoba has never owned a home, but she is feeling the effects of the mortgage meltdown acutely. Cordoba, 28, rented a three-bedroom home in Riverside for six months with the help of so-called Section 8 funds, money provided by the federal government through local housing agencies. In June, when her ... http://www.milanproperties.us/?p=104 The Fair Housing Discrimination List- Fair housing council by the Fair Housing Council It’s the stuff of urban legends. It always comes up in fair housing trainings – be it classesI attended years ago as a sales agent, or in classes I conduct for the Fair Housing Council now. Everyone’s heard of it; everyone wants to know how to get his/her ... http://www.milanproperties.us/?p=103 $100M Fund Formed for Affordable Housing in LA - Milan Management   July 22, 2008 By: Barbra Murray, Contributing Editor The City of Los Angeles has joined forces with Enterprise Community Partners to establish the $100 million New Generation Fund, the city's first multi-million-dollar financing tool for the development and preservation of affordable housing. The New Generation Fund is owned by Enterprise and is ... http://www.milanproperties.us/?p=101 Foreclosure flood brings more renters- Good for Milan Management Report: Rental rate hits record level in 2007 By Inman News, Wednesday, April 30, 2008.   The share of rental households jumped by about 1 million last year and this group is likely to expand further if foreclosure trends continue, Harvard University's Joint Center for Housing Studies reports today, while ... http://www.milanproperties.us/?p=99 Know the Law, Know the Law, Know the Law! - Robert L. Cain & Amy Rubenstein One property manager I knew told the story about the time she was talking to a landlord about her rental property and said, “The law says…” The landlord replied aghast, “There are laws!!?? Yes ma’am, there are laws. And in most states, those laws were written to protect the “poor, abused, ... http://www.milanproperties.us/?p=97 Can landlord abruptly declare ‘no pets’ policy? - Milan Management   Some say about-face puts unfair burden on existing tenants   August 18, 2008 By Robert Griswold   Q: I work for a local humane society and was wondering about the rights of tenants to have pets in their rental unit. We frequently receive calls from tenants with pets claiming that they received a 30-day notice ... http://www.milanproperties.us/?p=94 milan management llc milan managemnt llc 5369 w. pico blvd. 2nd floor, los angeles, ca 90019 http://www.milanproperties.us/?p=93 How Rent Control Drives Out Affordable Housing- William Tucker & Milan Management William Tucker is the author of The Excluded Americans: Homelessness and Housing Policies (Regnery) and Zoning, Rent Control, and Affordable Housing (Cato Institute). Executive Summary Rent control has been in force in a number of major American cities for many decades. The best-known example is New York, which still retains ... http://www.milanproperties.us/?p=88 Legal Q & A by Dennis P. Block, Attorney- Milan Management Question 1: Question 1: I need access to a tenant's apartment as his unit provides access to a central plumbing fixture. I have written him a letter asking permission to do these repairs along with three different phone calls. He is yet to respond and I am desperate to make this ... http://www.milanproperties.us/?p=87 Meruelo Maddux Closes on $84M to Finish L.A. Residential Tower   Unlike a bevy of construction projects across the country, development of the upscale 214-residence apartment high-rise at 717 W. Ninth St. in Los Angeles will not fall victim to the credit crunch, as Meruelo Maddux Properties Inc. has just closed on an $84 million construction loan. The 35-story structure, located ... http://www.milanproperties.us/?p=85 It’s All about the Green- Go Green to $ave Green- Rich Whalen & Milan Management Are you purchasing, managing or developing with “Green” appliances? No not avocado green from the 1970’s.The question is are these appliances easy on the environment? Talk and action about “Green” is coming ... http://www.milanproperties.us/?p=82