Hello everybody. It has been many years since I have written about the methods to prevent a neighbor from acquiring a prescriptive easement on an owner’s property. Because a prescriptive easement can permanently deprive an owner of his or her property rights, the methods to prevent that are worth reviewing. For purposes of this article,…
If you own highly appreciated investment property and have considered performing a 1031 Exchange, then you have likely heard about Delaware Statutory Trust (DST) replacement property – you may even have friends that have invested in DSTs. DSTs have been around since 2004; however, they have become increasingly popular with landlords ready to retire from…
Photo by Brett Jordan from Pexels When I was in college, I competed at chess tournaments. I quickly realized that more games were lost by blunders than won by brilliances. Now, my day job involves helping remarkably successful people prevail outside their specialty. This article has the gleanings of thousands of interactions with millionaires. Here are 11…
Photo by John Guccione www.advergroup.com from Pexels A San Francisco landlord who allegedly tried to drive his tenants out of a rent-controlled building was ordered by the courts to pay those tenants $2.7 million! The landlord was described as a “ruthless predator” by the City Attorney who said that his despicable abuse was targeting tenants (seniors…
Photo by Mikael Blomkvist from Pexels Rents were up another 2.1 percent nationally in August as rent growth continued, while vacancies reached historic lows, according to the latest report from Apartment List. The report says that since January of 2021, the national median rent “has increased by a staggering 13.8 percent. To put that in context, rent growth…
Photo by Mike from Pexels Gov. Gavin Newsom has made the California housing crisis a priority, but has not accomplished his goals. He returned to the issue in his first major bill signings after winning the recall election. Gov. Gavin Newsom just signed some of the biggest housing bills in years, including a measure that allows more than one house…
Photo by Anni Roenkae from Pexels Having a system in place for quick turnaround time when a tenant moves out is an essential part of effectively managing a rental property. Tenant turnover is a wildcard – there are a wide range of conditions that units are left in. Some renters stay for years, are hard on the…
Investing in real estate is a funny thing. Values go up and down. There are real estate bubbles as demand and population increase and decrease. Of course, you have other impacts to consider such as taxes, crime, economy, and Covid pandemics. What we have learned is that real estate is mostly a very resilient form…
Photo by Maria Orlova from Pexels The below article about rent control was written by James Burling, Opinion Contributor and Vice President of legal affairs at the Pacific Legal Foundation. A century ago, the Supreme Court upheld the nation’s first rent control law in Washington, D.C. A year later, it did the same for New York’s “Emergency Housing…
Looking for ways to keep from piling on the food and the pounds over the holidays? Here are five things to keep in mind before, during, and after next week’s big gathering. Tip # 1: Vary it Up As you go about planning the big meal, here’s food for thought: Thanksgiving means traditional food…