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I Am Not Afraid of My Toyota Prius

I am very skeptical that Toyota is to blame for the small number of acceleration problems.  So is the author of a column in the Washington Examiner:  “I’ve been driving Toyota Priuses since 2001. As a junior defense lawyer in the mid-90s, I litigated a number of bogus sudden acceleration cases that [...]

New Federal Law Protects Tenants From Being Evicted After Foreclosure

A law passed by Congress and signed by President Obama, the Helping Families Save Their Homes Act, provides protections for tenants whose landlords lose the rental property through foreclosure.  The law’s protections are effective immediately and expire at the end of year 2012.  With the new law, tenants now have the right to remain in their homes [...]

Arizona Settles with Apartment Landlords

Phoenix Business Journal:  “The state has reached a $150,000 settlement with apartment landlords over their treatment of a disabled tenant . . . . [Arizona Attorney General] Goddard also said the state had reached the $150,000 settlement with National City Neighborhood LLC and its principals over treatment of handicapped tenant.  The settlement resolves [...]

Landlord Must Pay $2.7 Million for Housing Discrimination

L.A. Now:  “Los Angeles Clippers owner and real estate mogul Donald T. Sterling has agreed to pay a record $2.725 million to settle allegations that he discriminated against African Americans, Hispanics and families with children at scores of apartment buildings he owns in and around Los Angeles.”

Save Us From the Swag-Takers

Wall St. Journal:  “The Federal Trade Commission, eager to protect us from shoddy media practices, issued new regulations this week requiring full disclosure from a variety of sneaky characters. Celebrities are on notice that if they sing the praises of product X while on Oprah’s couch, they had better mention how much the [...]

Business Fights Phoenix City Hall

Phoenix business World of Marble is in the way of the light rail extension to Sky Harbor Airport.  The city demands that the business move and has offered $1 million to pay for in relocation expenses.  The owners have locked themselves in the building and don’t even leave at night.  The battle has raged for [...]

The Reluctant Landlords

Wall St. Journal:  The current economy has caused many homeowners who relocate or buy another home to rent their old homes because they cannot sell it.

Hard data are scant on how many homeowners are renting out their homes, but anecdotal evidence suggests numbers are up. In one indication of the trend: More homeowners are converting [...]

Attention Landlords: Beware Litigious Tenants

Good advice for landlords in Forbes.com.  The author says that incorporating (forming an LLC if your property is in Arizona) and insurance are the keys to financial safety.  See Attention Landlords: Beware Litigious Tenants – Forbes.com.  See also my article called “Why Most Arizona Investment Real Estate Should be Held in an Arizona Limited Liability [...]