This is part two of a series of articles on Soft-Story Retrofit in Los Angeles focusing on economical solutions for seismic retrofit. In part one, we discussed Seismic Hazard in Los Angeles area. Here, we address several common questions by property owners and shed light on the economical ways for seismic retrofit of your property.
This article explains why rental ownership safely and steadily builds wealth. Tax shelter, deferred taxes on profits, and San Diego’s unique apartment ownership topography all make rental owners rich faster and safer. Read to learn how to get on San Diego’s conveyer belt to riches.
Sometimes landlords forget they are in business. That’s when they get into trouble. Lots of people have made and continue to make good money by investing in and renting out property. They do it by always watching out for their financial health by realizing that good business means careful attention to what happens to their…Details
The below article was written by Larry Arth, the founder and CEO of Equity Builders Group, a Florida based Real Estate investment Group. As a 36 year veteran to real estate investing, Larry understands that we are now in a global economy and as times have changed, investment strategies must change as well. Larry is an…Details
There is a universal truth in property management – turnover creates cost and work. That’s not to say there aren’t costs and work at other times. But it is true that when renters move out, our efforts and money are concentrated as we try to restore a revenue stream as soon as possible. So seasoned…Details
OPEN LETTERS SENT TO POLITICIANS Santa Monica Earthquake Retrofit and Oppose AB-1506 – by Michael Millman, Attorney
RE: Santa Monica Earthquake Retrofit (To Senator Ben Allen) Dear Scheduler: The apartment industry has excellent lobbyists. However, over the last several years or longer, there have been several instances of “injustices” or perhaps mere inadvertent oversights.Details
Why Apartments Build Wealth Safely: Two Laws Almost Guarantee Sustained Superior Apartment Returns – by Terry Moore,CCIM
The earlier article mentioned the basic advantages that are common to all income properties: leverage, inflation protection, equity build up, cash flow, tax shelter, etc. Laws of supply and demand severely limit risk and almost guarantee increased riches for rental owners. Supply and demand matter to renters and are far more impactful for investors. First…Details
There are good reasons why most [small property owners] don’t rent to tenants with dogs. Dogs may bark and pose a nuisance to other tenants in the building; they may even be destructive to the unit or common areas. But perhaps the key reason they tend to say “no” to dogs, especially large ones, is…Details
The federal government is now feeding more than 100 million Americans. The vast increase in dependency fundamentally changes the relationship of Washington to the citizenry. The more Americans rely on handouts, the more difficult it becomes to roll back politicians’ power over those who do not.
Hello everybody. My discussion this month addresses the issue of whether a landlord can hold weekend Open Houses in an apartment unit occupied by an existing tenant. When a renter gives notice that he will be vacating his unit at the end of thirty (30) days, one of the first things that comes to the…Details