The real estate landscape is changing, especially for sellers looking to save on commission fees. With recent NAR legal settlements reshaping the way brokers get paid, it’s time to take a closer look at how you, as a seller, can manage your costs while still attracting motivated buyers. This shift is especially relevant for multifamily…
Mark your calendars for Wednesday, April 15th for AOA’s “Million Dollar” Trade Show and Landlording Conference in Los Angeles. You will meet just about every contractor and vendor you will ever need… it’s called the “Million Dollar Event” of the year. Come and help us celebrate – and, who knows, you may even go home…
As reported by VOX, at her first major campaign rally since becoming the Democratic presidential nominee, Vice President Kamala Harris made a relatively unexpected promise. Speaking in Atlanta to a crowd of 10,000 supporters, Harris pledged to “take on corporate landlords and cap unfair rent increases.” Harris’s remarks to cap rents echoed a recent proposal…
If passed, California AB 2992 will codify into state law the federal settlement reached with the National Association of Realtors, which agrees that buyers’ agents’ commissions will be paid by buyers instead of sellers. Under both the NAR pact and the state bill, buyers must sign representation agreements before their agent can begin showing them…
In the realm of investment real estate, the decision to list a property for sale is not one to be taken lightly. Whether it’s a commercial building, multifamily complex or a mixed-use project the key goal is to maximize profits while minimizing risks. While property managers are essential for operations, using a specialized investment real…
Happy New Year everyone! Please use the below as a suggested guide to easier management, money-saving ideas and to avoid potential legal problems in the New Year. Our goal is your continued success! NEW 2024 RESIDENT MANAGER LAWS: For your protection, you should have a written, legal Resident Manager’s agreement containing all of the…
In the ever-evolving landscape of real estate, innovative approaches to buying and selling properties have become the cornerstones of successful transactions. One such approach that has gained significant traction is seller financing. Gone are the days when conventional bank mortgages were the only route to property ownership. Seller financing, a method where the seller takes…
Please use the below as a guide to easier management, money-saving ideas and to avoid potential legal problems in the New Year. Our goal is your continued success! NEW 2023 RESIDENT MANAGER LAWS: For your protection, you should have a new, updated, written, legal Resident Manager Agreement containing all NEW LAWS. (Read Attorney Gary Ganchrow’s…
AOA Advisors get calls daily from our members with a variety of problems; some unfortunately after our owners are already in trouble. Please use the below as a guide to easier management, money-saving ideas and to avoid potential legal problems in the New Year. Our goal is your continued success!
Question One: What is the procedure when a tenant, in mid–lease, is suspected of abandoning an apartment unit? Answer One: You should serve a notice to enter the dwelling. You may choose the reason that you are entering the unit to determine if the premises have been abandoned. If you do not have a key…