Regular Newsletters September 1, 2023

Johnny Dragon’s September Newsletter

Johnny Dragon’s September Newsletter

🎵 Do you remember the 21st night of September?! 🎵 Happy September everyone! Enjoy this new month newsletter!

(Btw, LinkedIn, I love the new format for newsletters!)

Rules For Landlords To Be Aware Of

For those who own property in California and rent them out, there have been significant changes to how landlords are supposed to handle new tenant screenings.

Per California Fair Housing law policies, landlords can only deny a tenant’s application due to financial reasons. Ex: low credit score, not enough savings in the bank account, and/or no sufficient income.

When it comes to pets, landlords can still ban pets on their properties. However, a landlord cannot deny a tenant an application for having a service pet or emotional support animal (By definition, an animal that is deemed an assistance animal is not a “pet.” (2 Cal. Code of Reg. (“CCR”) §12005(d)).

For those of you who are landlords in CA, it’s extremely important that you abide by the rules or it could cost you heavy fines. If you have any questions about renting out your property, reach out to me for further discussion.

Non-Warrantable Condo Loans

There might be times as a homebuyer that you will like a condo but its building doesn’t qualify for any standard loan. Here are reasons why a condo building may not qualify for traditional financing:

  • The project is still under construction
  • The development includes commercial space
  • One person owns more than 10% of the units
  • Most of the units have more tenants than owners living in them
  • The community allows short-term rentals
  • The developer has not turned over the control of the HOA to the owners
  • The property is involved in litigation

This is when a non-warrantable loan is needed to purchase the unit in that building by specific lenders. With a non-warrantable loan, you will need at least 20% down payment and the interest rate is higher.

Homes For Dogs Pet Adoption Event

Have you been thinking about adopting a new puppy or kitten? Stop by Coldwell Banker Realty Pasadena next month to see all the cute puppies and kittens and adopt one (or 4)! This is an annual charity event in coordination with the Coldwell Banker Homes For Dogs Project. If you also want to donate to the cause, please click the link below for more details.

Date & Time: Sunday, October 8th from 10am-1pm

Location: 388 South Lake Avenue, Pasadena, CA 91101


Pac-12 Football Schedule!

Check out ESPN for dates and times for this season’s Pac-12 Football games! GO USC, FIGHT ON! ✌️❤️💛


Sled Push Workout

Pushing a sled at the gym is fantastic for overall conditioning, strength development, improving speed, and burning calories. I love doing this at the gyms that have one and it gets you sweating after doing many laps. Add weights to improve resistance!


Nekter Juice Bar

Looking for a new healthy food spot? Stop by Nekter Juice Bar, that has yummy yogurt bowls, smoothies and wellness shots! Even better is that they offer a free sign up to be a member and after racking 400 points (3 points per $1 spent), you get a free yogurt bowl of your choice!


Thank you for tuning in to my newsletter!