Years ago, I played tournament chess. Chess has its own jargon. A blunder is a mistake. A brilliancy is a masterstroke, far beyond most players’ capacity. Many players aspire to brilliancies, but few make even one. Even at the tournament level, more games were lost by blunders than won by brilliancies. After 35 years in…
Water leaks at your property not only affect your water bill but impact the availability of water where you live. There are water shortages all over the country. You can take an active part in saving water and reduce your water bill at your investment properties. It’s a win win. Remember, municipalities use your water…
It’s been a tough first half of the year for the global economy, with the MSCI All Country World Index down by 21.7% and the Bloomberg Global Treasury benchmark losing about 9% as of mid-year. Markets have faced a laundry list of concerns including new COVID-19 lockdowns, the Russia/Ukraine war, an economic slowdown in China, surging inflation and central…
When it comes to real estate, one of the last things investors want to consider is taxes. But unfortunately, it doesn’t matter what kind of investor you are; whenever there is profit, the IRS will come knocking for a piece of that profit. Being a real estate investor gives you a unique opportunity to save…
Examine Your Rent Checks and Payments Many landlords are now, for the first time, having to deal with the intricacies of rent control. Your rental units, in most cases, are subject to either the San Diego Rent Control Ordinance or to Statewide Rent Control. In general, rent increases are governed by the statute and “good…
Continued . . . Ten months after leaving Lake Placid Henry J. returned with enough money to placate his future father-in-law. The home for Bessie was not yet built, but something in her demeanor might have told Daddy Fosburgh that this time he’d better acquiesce, or risk losing a daughter instead of gaining a son-in-law.…
The best Lessor-Lessee relationships I’ve seen start with a professional foundation, including annual rent adjustments, and clear and enforced house rules. A mistake I frequently see housing providers make that puts them at risk and negatively impacts the value of their property is blurring the line between being a friendly, professional, service-oriented housing provider and…
Florida landlords aren’t exactly sending out an eviction notice to democracy, however, they are fighting to preserve their U.S. constitutional and property rights – rights for which they have worked so hard and are now relying on for their retirement. Orange County, Florida Rent Control? In an effort to give renters relief, the Orange County…
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney Dennis Block. Question One: I have a four-plex in the City of Los Angeles which is under rent control. I am doing upgrades including installing an air conditioner in each unit. The cost for these…
PRIORITY #1- FILL THE VACANCY The number one priority for landlords is to fill any vacancy, because cash flow is the “life blood” of the landlording business. When properties are all filled, you have maximum income to help you cover all your expenses, management or maintenance challenges and also keep your property upgraded so that the properties…