Dear Mr. Faller: It seems to me that we, landlords, have a public relations problem. Too many people think landlords don’t work, and just suck up money from other people. No doubt it would come as quite a shock that for the last month, I have been working seven days a week. Yesterday, I…
Many landlords who are beginning the eviction process exclaim, “If I had only known!” Well, there are very few reasons we can think of why you should NOT have known. Before you put a tenant in your vacancy, be sure to thoroughly check them out. If you have a system in place and…
After many years of owning and managing a multi-family rental property, you are ready for a lifestyle change and decide to sell your highly appreciated investment property. You know the tax liability from selling your rental property will be substantial. However, you also know that you can avoid paying that high tax bill by completing…
We all strive to find good tenants, so here are five signs that an applicant will be a good tenant for your rental property. When you’re receiving lots of applications for tenant positions at your rental properties, sometimes it can be difficult and overwhelming trying to sift through everything. After all, with so many applications…
Question One: My current renters were on an AOA lease for six months. It has now expired and they currently are on a month-to-month tenancy. On the 19th of the month, I was presented with a 30-day notice to vacate. They have indicated that on the 1st they will only be paying a proration of the rent for…
Remember when you learned how to ride a bike? Mom and Dad typically gifted you a new bike with training wheels, so you could learn how to bike without crashing right away. Before you close in on retiring from actively managing your investments, you may want to consider a similar approach to help your children…
Here is this month’s article by veteran real estate investor and property manager, David Pickron. Will you be ready when the eviction moratorium ends and as a landlord, do you have a plan? Recently, I was at a birthday party where young children were participating in some old-fashioned games. One that struck me particularly was…
Tenants and landlords are hurting, homelessness is skyrocketing and the housing market is out of control. The COVID-19 pandemic isn’t the only reason for that, but it’s making California’s longstanding housing crisis even worse. In 2021, nine out of ten Californians consider housing affordability a problem, and nearly one in three Californians are considering leaving…
Cloudy morning … it’s winter season, the weather report says rain today, and you’re worried about the roof leaking. Promising evening … whew, the rain has moved on and we didn’t get any calls from the tenants about a roof leak. The next day … the weather report says rain all next week. What am…
Frequently, investors are seeking out reduced management and or passive real estate investments. Real estate owners are simply tired of the three Ts (Tenants, Trash, Toilets) and are looking for alternative options to consider. One option that a lot of investors are being sold by their real estate brokers is Net Leased properties, which are…