“Here’s the list of the supplies we need.” Maintenance expense is often the expense area where there always seems to be more days in a month than dollars in the budget. Every week a stock of supplies is ordered. All too often, it results in overrunning the budget. Work orders have to be completed. Apartment…
Tenant Abandoning If you suspect that your tenant has abandoned your unit, you have the right to enter to confirm it. You should serve a 24-hour notice to enter the dwelling by posting it on the front door. You should only enter during normal business hours and days, Monday through Friday, 9 AM to 5…
Here’s a statement you don’t hear too often – “Wow … my landlord gave me a gift this holiday season!”
The internet plays a critical role in our lives. It has evolved from a luxury to a necessity, revolutionizing the way we work, play and communicate.
Many savvy investors from the “Baby Boomer” generation own highly-appreciated real estate assets and income properties. However, as they enter retirement, some of these real estate investors would prefer to not deal with day-to-day property management – from maintenance problems, and tenant issues to juggling rent checks and leases. Below you’ll learn why a Delaware…
Should you write-off almost anything? Maybe not if you want to refinance your property and get access to your hard-earned equity. Consider that for every $1 reduction in reportable income, you could decrease your potential loan amount by $11-13.
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…
California’s SB 407 (Padilla) is a water-conservation measure that was passed in 2009. The bill requires that on or before January 1, 2019, all noncompliant plumbing fixtures in multifamily residential real property and commercial real property, as defined below, be replaced with water-conserving plumbing fixtures.
Hello everybody. Isn’t the Internet wonderful for the apartment industry! Not only does it allow for free advertisements by owners to find new tenants, it also enables tenants to make money by renting out one of their bedrooms, or even their whole apartment, to transient occupants!! Well, actually the first part is nice as owners…
It’s a Mistake to Make Certain Assumptions It’s good to learn from your mistakes but … it’s better to learn from other people’s mistakes. Often, we make decisions based on incorrect assumptions. Here are three big assumptions revealed by landlords that ended up being very costly, in some cases as much as tens of thousands…