If you’ve missed some of the prior articles, basic guidelines on successful investing are in my book “Stairway to Wealth” available at LuLu.com. Continued from Part 32: Buffett vs. Soros. These are opposing types of investments. The Buffett approach is biased towards safety of principal and the compounding of dividends. His desire is to control…
The below article was written by John Triplett, a writer for the Rental Housing Journal. Tensions are rising between landlords and property managers, and tenant activists. Landlords and managers have been bullied over rent increases. And they face unpleasant demonstrations from activists as Portland struggles with a shortage of housing and rapidly rising rents. A…
Hello everybody. I am sorry to report that on April 30, 2018, the California Court of Appeal issued a really bad ruling regarding arbitration insofar as it will affect landlords. The decision provides a strong basis by which a claimant, including a residential tenant, can avoid enforcement of a binding arbitration provision in a lease…
Q: My tenant is requesting to add a roommate to her lease. Do I have to allow my tenant to have a roommate?
No Forwarding Address If a tenant vacates a unit and fails to give you a forwarding address, you are still required to do a security itemization within 21 days from the vacate date. If you do not have a work address, you should mail the itemization to the last known address, which would be that…
A recent study by the Building Owners and Managers Association (BOMA) found that, on average, 15 percent of an owner’s property expenses are spent on repairs and maintenance. Of that 15 percent, nearly half is spent on preventative maintenance. The study suggests that owners should take more proactive steps to design and implement preventative maintenance…
Dear Mayor Eric Garcetti: I’m reaching out to you for any assistance you can provide in improving the relationship between garbage collection companies and Los Angeles property owners. The Apartment Association of California, (AOA), has reached out to them to resolve these issues; however, it seems the garbage collection companies are taking advantage on their…
The regulatory state began last century during the New Deal, inspired by earlier Progressives who believed that individualism, capitalism and the Constitution were obstacles to prosperity. They imagined a future in which government “experts”, (i.e., administrative agency bureaucrats), would lead and control the economy, subordination economic freedom and private property rights to what they perceive…
Last year, two desperate people came to me for financial help. Gene was scrambling to rebuild. His wife was taken by a rapidly spreading cancer. Medical bills almost swamped their savings and life insurance. A few months later Roberta came to me. She was recovering from divorce. Her net worth was less than half of…
Whether you’ve amassed a portfolio of properties or are just beginning to develop your real estate holdings, it’s not too early to consider the legacy you’re going to leave behind. Will your legacy be one that your heirs fight over? Will your legacy be one that eventually goes to pay attorney’s fees? Or will your…