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33rd Free Zoom What You Need to Know Whether You're a Landlord or Tenant

●Sponsored by ： Life Issatsukai.　Life Ippukai is a One-Stop Senior Support Group for men and women over 60 www.jinseiippukukai.org
●Date ： 9/23/12 (Sat) ） 6pm ～ 8pm
●Venue ： Zoom （ Invitation ONLY for those who pre-registered ） Free
●Application ： jinseiippukukai@gmail.com 323-377-5530
Please do not go through Vivinavi, but directly through eMerDre.　Please do not send attachments via Vivinavi
.
●If you are a new participant, please apply with your full name ・ male female gender ・ and age
●Invitations will be sent out on December 7.

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●The first two sources of income for the elderly are pensions and rental income.　Although being a landlord may sound like an enviable occupation, the truth is that managing an apartment or house for rent can be fraught with many headaches.　Building maintenance ・ There are plenty of problems with tenants and headaches.
● Keeping rooms clean ・ Ideally, you want tenants who will use the house, live without disturbing neighbors, pay rent properly, understand periodic rent increases, and live there for a long time. In reality, however, there are many tenants with problems.
● Examples of landlord's problems are:
How can I secure good tenants
How much is a reasonable periodic rent increase
How can I secure good tenants in the same area and set higher rent
How can I deal with trouble tenants （ Noise ・ How to deal with tenants who are not under contract ・ Pets, etc. ）
How to deal with tenants who are in arrears
Are there any good ways to save taxes

● Examples of problems we have faced are A non-contractor is living in the apartment
A tenant has a pet even though pets are prohibited
A neighbor complains （ Noise ・ Loud conversation ・ Pet noise ）
Rent has become delinquent
Symptoms of dementia in language and behavior
Constant visits by outsiders, disturbing residents
A physically disabled person has applied
How on earth can we respond to such a situation?

● As a landlord, basic precautions to avoid getting into trouble
① Thoroughly screen applicants （ Best way to minimize risk ）
② Dodge contracts neatly Emergency Contacts ・ Guarantor of Payment ）
③ Respond Immediately to Breach of Contract （ Rent Arrears ？ Disturbance to Neighbors ？
Request for Repairs ？ Third Party for Care Purpose ？ If a third person lives with you for care ？ If you suspect dementia ？ ）
④ If a problem occurs, immediately ask a professional
⑤ To prevent problems, hire a professional management
⑥ Return the deposit promptly and correctly after moving out （ Charge for over normal use and provide photographic proof, post-nail damage to walls, unusual carpet stains, unusual damage, etc. ）
⑦ Eviction ・ Familiarity with procedures for abandonment notices and entry procedures
⑧ Utilization of government agency financial assistance programs

● In addition to the above, many elderly Japanese landlords in the US are considering returning to Japan, and many are wondering how to deal with such rental buildings. In addition, some elderly Japanese landlords in the U.S. are considering returning to Japan, and many are wondering how to deal with such rental buildings.
①Some people are wondering whether they should sell the property for cash and return to Japan
②or hire a management company to collect the rent, remit it to Japan, and pay the taxes on their behalf
.

●We will have David Lee, who has been in the industry for many years and is familiar with the realities of landlord management, tenant management, rent control, bookkeeping, property disposal, and other essential issues in the landlord business, to share his experiences ・ and wisdom as a landlord from his eyewitness account. I would like to absorb his wisdom as a landlord from his experiences and eyewitness stories.　
Mr. Lee is not an attorney, so we recommend that you consult with a real estate attorney who is familiar with landlord-tenant legal issues, tax issues, and Japan-U.S. tax issues.
If you want to enjoy the rest of your life and leave your children with the fortune you have built in the U.S. through hard work and dedication, please take advantage of the better management options available today.
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Theme ： Landlord and tenant,
What You Need to Know Whether You Are Either
Guest ： Mr. David Lee, THE LEE TEAM | eXp Realty of California
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