The below article was written by Larry Arth, the founder and CEO of Equity Builders Group, a Florida based Real Estate investment Group. As a 36 year veteran to real estate investing, Larry understands that we are now in a global economy and as times have changed, investment strategies must change as well. Larry is an…
There is a universal truth in property management – turnover creates cost and work. That’s not to say there aren’t costs and work at other times. But it is true that when renters move out, our efforts and money are concentrated as we try to restore a revenue stream as soon as possible. So seasoned…
RE: Santa Monica Earthquake Retrofit (To Senator Ben Allen) Dear Scheduler: The apartment industry has excellent lobbyists. However, over the last several years or longer, there have been several instances of “injustices” or perhaps mere inadvertent oversights.
The earlier article mentioned the basic advantages that are common to all income properties: leverage, inflation protection, equity build up, cash flow, tax shelter, etc. Laws of supply and demand severely limit risk and almost guarantee increased riches for rental owners. Supply and demand matter to renters and are far more impactful for investors. First…
There are good reasons why most [small property owners] don’t rent to tenants with dogs. Dogs may bark and pose a nuisance to other tenants in the building; they may even be destructive to the unit or common areas. But perhaps the key reason they tend to say “no” to dogs, especially large ones, is…
The federal government is now feeding more than 100 million Americans. The vast increase in dependency fundamentally changes the relationship of Washington to the citizenry. The more Americans rely on handouts, the more difficult it becomes to roll back politicians’ power over those who do not.
Hello everybody. My discussion this month addresses the issue of whether a landlord can hold weekend Open Houses in an apartment unit occupied by an existing tenant. When a renter gives notice that he will be vacating his unit at the end of thirty (30) days, one of the first things that comes to the…
The quick answer is “yes”, you probably are. I know only a few housing providers who do not qualify for that description of……….being a “tightwad”. You see, when you started your economic life, you had to scrimp and save in order to have enough money to provide housing for yourself and others. You skipped the…
Below is an open letter sent to Representative Chiu, California Assemblyperson by Michael Millman, Attorney at Law. Dear Sir: You and I have met on several occasions. You’re thoughtful, considerate and charming. We’ve often discussed “eviction protocols” in your community. It was a robust and thoughtful debate. Thank you. Now, you’ve attended many apartment association…
It’s no secret that tax-and-spend interests have hated Proposition 13 since its adoption by the voters in 1978. Immediately after passage, Prop. 13 was the target of numerous lawsuits and legislative proposals seeking to create loopholes that would allow government to grab more tax dollars from California citizens.