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LOCAL GOVERNMENT UPDATE

Local Government Update By Janet Gagnon, Director, Government Affairs and External Relations Tenant Protections Working Group: The Tenant Protection Working Group (Working Group) for Los Angeles County submitted their final report on August 15, 2018 to the LA County Board of Supervisors. These recommendations are applicable only in unincorporated areas of Los Angeles County, and do not apply to any incorporated cities such as Los Angeles, Santa Monica, Pasadena, etc ... Read More If you are a real estate professional interested in featuring an article with Scott Properties Group's readers, please Contact Us.

AN ARTIFICIAL CRISIS – PROP 10, RENT CONTROL AND THE AFFORDABLE HOUSING LIE

An Artificial Crisis - Prop 10, Rent Control and the Affordable Housing Lie By Danielle Elliott California faces disaster in November if voters pass Proposition 10, the Local Rent Control Initiative, which would make rent control possible in all types of housing. Misleadingly named the "Affordable Housing Act, " Proposition 10 is ostensibly designed to combat the soaring cost of rental housing by reversing the 1995 state law, the Costa Hawkins Rental Housing Act … Read More If you are a real estate professional interested in featuring an article with Scott Properties Group's readers, please Contact Us.

OCTOBER 16 – AAR COMMERCIAL REAL ESTATE EXPO

Attendees Register Now for FREE!

Join Scott Properties Group and the Arcadia Association of Realtors (AAR) on OCTOBER 16, 11AM-4PM at the Pasadena Hilton! The event will bring together top commercial real estate professionals for a day of exhibits, education, and networking. GET TICKETS Location: Hilton Pasadena 168 South Los Robles Avenue, Pasadena, California, 91101 TEL: +1-626-577-1000 If you are a real estate professional interested in partnering with Scott Properties Group for an event, please Contact Us.

OCTOBER 25 – AOA TRADE SHOW & LANDLORDING CONFERENCE

Investors, Landlords, Brokers, Agents, and other Real Estate professionals and aficionados, if you're looking for a great networking opportunity, stop by the Apartment Owners Association of California, Inc. AOA Trade Show on OCTOBER 25! FREE ADMISSION! If you know anyone that owns rental property (Multi-family, Office/Retail, or Industrial) and may be interested in learning about property management services, send them over to visit our team at Scott Properties Group, Booth #320. Stop by to learn about our services and take away some freebies! FREE seminars, where you will discover money-making and money-saving ideas, will be presented on OCTOBER 25, 2018 at the Los Angeles Convention Center. LEARN MORE

OCTOBER 12 – REVERSE RETT LA

Reverse Rett LA

Join Scott Properties Group as we support the Rett Syndrome Research Trust on OCTOBER 12, REVERSE RETT LA, at the Fairmont Miramar in Santa Monica. " Imagine your daughter, your sister, your granddaughter living with the symptoms of autism, cerebral palsy, Parkinson’s, epilepsy, and scoliosis all at once. Imagine that she developed normally as a happy little girl until she was two years old. She starts to walk, to say words, to explore the world around her. Then, suddenly, she stops. She loses the ability to balance, to use her hands and to speak. Imagine this bright, beautiful little girl that you love becomes trapped in a body that no longer cooperates. 350,000 girls and women live this tragedy, caused by a random genetic mutation. This is Rett Syndrome and we need your help to cure it ... " Learn More

WHEN FRIDAY OCTOBER 12, 2018 7:00PM WHERE FAIRMONT MIRAMAR HOTEL AND BUNGALOWS 101 WILSHIRE BLVD SANTA MONICA, CA 90401

Damages vs. 'Normal Wear and Tear'

By Patti Widget With permission from AAGLA

Your tenant has vacated your property and you now have 21 days to account to your tenant for the security deposit. The law allows property owners to deduct portions of the security deposit to cover the cost of damages caused by a tenant. Property owners cannot deduct normal wear and tear, or the expected depreciation of a property. For example, if carpeting has been destroyed and it is 8 years old, likely no deduction would be appropriate because the floor coverings were probably due for replacement ... Read More

If you are a real estate professional interested in featuring an article on the Scott Properties Group site, please Contact Us.

Lawsuit filed in Federal Court Against the City of Beverly Hills to Protect Privacy of Tenants and Rental Property Owners by Challenging the City’s Rent Registry.

By Alex Paladin With Permission from AAGLA

Los Angeles, California - August 8, 2018: The Apartment Association of Greater Los Angeles (AAGLA) has filed a lawsuit against the City of Beverly Hills on behalf of the apartment tenants and owners. The lawsuit, filed in Federal Court, seeks relief from the City’s Rent Stabilization Ordinance (RSO) that requires a rental registry, and disclosure of sensitive and confidential data about tenants and their apartments... Learn More

If you are a real estate professional interested in featuring an article on the Scott Properties Group site, please Contact Us.

Vote NO on PROPOSITION 10

By Daniel Yukelson With Permission from AAGLA

California’s voters must reject Proposition 10 for the following reasons:

Renters who want affordability and apartment choices say “No.”
Single Family Homeowners who do not want their property rights taken by unelected bureaucrats say “No.”
Public Officials who do not want to see dramatic reductions in property taxes, and reductions in local revenues that will negatively impact our schools, and police and fire services say “No.”
Citizens who do not want to pay for... Learn More If you are a real estate professional interested in featuring an article on the Scott Properties Group site, please Contact Us.

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WHO’S THE GUY BEHIND PROP 10, THE “SO CALLED” AFFORDABLE HOUSING ACT?

Who’s the Guy Behind Prop 10, the “So Called” Affordable Housing Act?

By Daniel Yukelson With Permission from AAGLA

It’s another “Weinstein,” but this time its name is Michael Weinstein, the 65-year-old the President and Chairman of the Board of the A.I.D.S. Healthcare Foundation (“AHF”), a Los Angeles, California based non-profit with a $1.3 billion budget, according to Weinstein’s biography. According to the AHF website, the organization serves over 900,000 patients through some 320 treatment clinics in 39 countries worldwide and are in 14 U.S. states. It is this “Weinstein” that is the principal backer of Proposition 10, the November ballot initiative that seeks to repeal the Costa-Hawkins Rental Housing Act…

Learn More If you are a real estate professional interested in featuring an article on the Scott Properties Group site, please Contact Us.

SEPTEMBER 26 – THE REAL DEAL LA – COMMERCIAL REAL ESTATE SHOWCASE + FORUM

Join Scott Properties Group and The Real Deal at the Century City Spotlight: COMMERCIAL REAL ESTATE SHOWCASE + FORUM on Wednesday, Sep. 26 @ 8AM-1PM at CAA's Ray Kurtzman Theater in Century City. The Real Deal will dive deep into the commercial market in two panels: 8am - Registration + Light Breakfast + Showcase 8:15-8:45am - Venue tour 9am - 21st Century CRE: How Big Data, Consolidation and IPOs Will Shape the Industry 10am - Networking Coffee Break + Showcase 10:45am - Between the Spreadsheets: From Office Subleasing to Retail Renovations, a Look at How Major Players are Reacting to Uncertainty in the Market 11:45am - Lunch + Showcase Stay tuned for speaker updates. GET TICKETS (more…)