My wife, Hinda, who helps me with planning for clients, and I have been lucky enough to meet hundreds of wonderful apartment owners though the AOA seminars we have done throughout California. The majority of them planned ahead years ago and built living trust based estate plans to protect their families. Unfortunately, almost all the…
Question One: I have an 18 unit apartment building in Anaheim. I would like to advertise my building as a no pet building. Am I legally allowed to state that in my advertisements?
If you’re buying your first or your fiftieth property, one challenge that almost every real estate investor runs into is financing their properties. In a perfect world, we’re all sitting on huge trunks of money and can simply purchase a property all cash. No financing required, no banks or brokers required and it all gets…
It is upsetting when we get tenant complaints as a landlord. It is hard work renting apartments or homes to tenants and it takes people skills and management skills. Many times our goal as a landlord is to simply avoid tenant complaints. But there are principles, if properly used, that can reduce or eliminate tenant complaints. Do…
I remember it like it was yesterday … A gentleman walked into my real estate office and stated, “I heard you worked with real estate investors.” After acknowledging that yes, indeed I did, his next comment was, “Great, I want you to teach me everything you know about real estate investing.”
Just this year, Bill Nye, the Science Guy, made a bold statement saying that the “greatest generation” has arrived. But have you heard of them? At 75.4 million strong, they are now the largest living generation in the U.S. Born between 1982 and 1995, Millennials (also known as Generation Y) are around the ages of…
As real estate investors retire, many choose to reposition their assets out of management-intensive investments (such as apartments, office buildings, storage, and mobile home parks) and into lower maintenance single-tenant NNN investments.
5 Tips for Attracting Great (Better) Residents Good residents come to you not by accident, but by design. There are good residents in every price range and in every neighborhood. A professional landlord will attract quality residents. An unprofessional landlord will attract troublesome residents. Your rental property is only as secure as the residents who…
Having a written criteria list for your rental applicants is pertinent in your rental business and serves several purposes. By attaching a copy of your rental criteria to each blank application form, you are informing your applicant of a list of conditions that must be met for them to be considered as a future tenant…
Roof coatings became popular in the 1970’s and 80’s, along with the “Bee Gees”, and they have been around ever since. Coatings are applied over an existing hot tar roof in an effort to “extend” the life of the roof and to add reflective qualities to the system. This is sound thinking, however, in many…