If you’re a commercial real estate owner of multifamily housing — which is a multifamily building that has five or more units — this radon article is designed to help you understand the new testing requirements set by the Department of Housing and Urban Development (HUD) to minimize the risk of radon exposure for you…
When a property’s existing mortgage has a lower interest rate than loans currently available to buyers in the market, owners may be able to use that low-interest rate loan to expand the pool of prospective purchasers and increase the purchase price. One strategy designed to take advantage of this interest-rate disparity is the wraparound mortgage.…
The largest transfer of wealth in American history is already underway. According to Cerulli Associates, a leading global research and wealth management consulting firm, approximately $124 trillion is expected to change hands through 2048, with nearly $105 trillion transferring to heirs. A substantial portion of this wealth consists of highly appreciated real estate, including apartment…
Proposition 43 makes it harder to raise taxes by restoring the two-thirds vote requirement for local special taxes. A “special tax” is one that earmarks the revenue for specific purposes. The constitution states in Article XIII A, Section 4 (added by Proposition 13 in 1978), that cities, counties and special districts may impose special taxes…
For many families, one of the biggest financial hurdles today is helping their adult children purchase a home in an increasingly expensive housing market. In San Diego, for example, homeownership has become extremely difficult for the younger generation due to high housing prices caused by limited supply and high demand. As one might imagine, the…
Real estate investors often find themselves at a crossroads when selecting between asset classes. Two compelling options frequently emerge: small commercial income properties, typically consisting of a handful of retail stores at the intersection of two heavily-trafficked streets, and small-to-mid-size apartment buildings. While both offer the potential for cash flow and appreciation, their operational mechanics,…
Many apartment owners eventually reach a phase where the goal is no longer acquiring more units but simplifying ownership. After years of managing tenants, repairs, turnover, and expenses, some investors begin asking whether it is possible to remain invested in real estate while reducing day-to-day management. The question often coincides against the backdrop of changing…
What Long-Time Owners Are Asking Themselves If you’ve owned your multifamily property for 30, 40, or even 50 years, you’re not alone in wondering what comes next. For decades, your building has been a cornerstone of your retirement – providing income, appreciation, and security. But as time goes on, many owners begin to ask themselves…
Investing in income real estate in California can be a lucrative way to build wealth, but traditional methods like purchasing rentable single-family homes or multifamily properties may not be the only options. For those looking for alternative ways to invest, there are several strategies that offer flexibility, lower upfront costs, and potentially satisfactory returns, such…
In today’s ever-changing real estate market, relying on outdated information can cost you dearly — in some cases, six or even seven figures. One of the most effective tools apartment owners can use to make confident, informed decisions is the Broker’s Opinion of Value (BOV). Whether or not you’re considering a sale right now, keeping…