Question 1: I have a duplex in Oakland with an illegal unit (garage conversion), with a tenant on a lease from August 2016 to August 2017. The tenant reported to city and city requested me to take down the unit. If I ask the tenant to move, besides a relocation fee do I pay him…
Hello everybody. For decades I have cautioned members of the Apartment Owners Association about two insidious provisions that frequently appear in laundry leases. One of them is the automatic renewal clause. The other is the “Right of First Refusal” clause. This month I will discuss both of them in the context of a long term…
I seem to get a few emails/calls about being a landlord, so here are some quick thoughts from me on the basics of being a landlord, This article will focus on what skills do you need to be a landlord?
Why are San Diego apartment investments so much safer than most other major cities? The first three articles covered 1) the basic advantages of all income property, 2) the specific benefits that come from San Diego apartment’s supply and demand and 3) force multiplier of San Diego’s unique rental ownership topography.
Like many true investors, you want to invest in and own cash flowing appreciating investment property for the long term. You want as much cash flow as you can get that is sustainable for a long period of time. You do your diligence, you analyze the numbers and of course the condition of the property…