Information, not Advice #20 Continued . . . The Energy Crisis Recession of 1980 – Duration: 6 mos. GDP Decline: 2.2%. Peak Unemployment: 7.8%. 10 yr T-Note Beg 10.80% / End 10.25%. Inflation reached a bit over 11% and the Federal Reserve, not unsurprisingly, raised interest rates to slow money supply growth. When money…Details
How You Can Generate More Income and More Housing While Meeting Your Retrofitting Requirements by David Tashroudian, and Helen Fower
If you have a soft story, multi-family property in California, you have most likely heard about seismic retrofitting by now. You may have either taken care of it already or will have to in the near future. Multiple cities throughout California, Northern and Southern, have developed mandatory ordinances requiring certain multi-family buildings with tuck-under parking…Details
What is your ultimate goal as a real estate investor? Is it to retire as a millionaire by investing in low risk management and labor-free, inflation-resistant properties in which your tenants not only pay all the taxes and insurance but in addition do all the maintenance? Would you like your sole duty each month to…Details
Dear Dan: I am a single family home owner and rented my home to a family last year. I found out during this shelter-in-place that my tenant does not live there and has listed all rooms on AirBNB individually. He has even modified the house to convert the living/family areas and garage into bedrooms to…Details
[I have] previously described Prop. 19, which barely passed with 51 percent of the vote, as a steak laced with cyanide. It may look good, but you don’t want to eat it. While there are some benefits from expanding property tax “portability” to allow homeowners to transfer their Proposition 13 base-year value to anywhere in…Details
The National Apartment Association (NAA) has joined a lawsuit filed by the New Civil Liberties Alliance (NCLA), “challenging the U.S. Centers for Disease Control and Prevention’s (CDC) overreaching eviction-moratorium order,” according to a release.
One of the most crucial aspects in tenant screening is that of checking your prospective tenant’s landlord references. Unfortunately, some tenants have been known to make up references or list friends or family members as previous landlords. There are even companies that hire themselves out to pose as landlords.Details
Before you put a tenant in your vacancy, be sure to thoroughly screen them. When you have a system in place and you perform your due diligence on ALL applicants, the chances are, you will NOT end up with a deadbeat tenant. Below are seven steps to follow when screening your prospective tenants.
One of my favorite old westerns is “El Dorado”. It stars John Wayne and Robert Mitchum. Yes, it has James Caan and Arthur Honeycutt. And more importantly, it has Charlotte Holt and the cutest Cary, Michelle and of course, the golden tunes of George Alexander singing the theme song.
Progressives in California, more than elsewhere, forget the history and inspiration behind the founding of the United States. Over every system of government – with divided powers among the three branches of government – reflects an effort to ensure that political power never becomes consolidated in one person or institution.