IN THE NEWS …
Fair Housing and the EPA Impose More Fines! Break the Law and Break-Out Your Checkbook! Landlord Pays $9,000 to Settle With HUD
DetailsSix Questions to Ask Your Loan Broker By – Nick Schoch
Commercial mortgage brokers assist in most apartment loan transactions. Even investors who have strong lender relationships can benefit from a broker’s familiarity with the current lending environment and underwriting parameters. All of which help you get the best deal. Nonetheless, it is important to ask the right questions to ensure that your broker is aligned…
DetailsShould You Rent or Sell Your Home? By – Cliff Hockley
You have been given the opportunity to transfer with your job, but you love your home and don’t really want to sell it. But your financial position is such that you cannot support two homes. What do you do, rent or sell?
Details1031 Exchange Investors Are Choosing DST Properties for Passive Real Estate Ownership By – Jason Salmon
Over the course of the past several years, we have observed incremental growth in the number of investors choosing Delaware Statutory Trusts (DSTs) as a preferred means of passive real estate investing for like-kind, tax-deferred 1031 exchanges.
DetailsEviction Reform: ‘Just Cause Eviction’ Bad for Landlords, Worse for Tenants
If we want to help low-income or bad credit tenants find housing, we must create an environment where they are not considered an unsurmountable risk to landlords. There has been much talk over the past year about Eviction Reform in Massachusetts. Most landlords laugh when they hear this since Massachusetts is known as a very…
DetailsHow We Became Successful Landlords: Stay on Track, Jack! (Part II) By Gregory A. and Eileen Charles
Finding a Tenant Avoid renting to any prospective tenant that speaks in bravado, or brags of their accomplishments, their history, employment, or the amounts of money they have. This person will eventually abuse you.* Beware of any prospective tenant that is a, lawyer, accountant, property manager or former police officer. These people have the knowledge, skills…
DetailsSound Estate Planning – More Than Just Saving Taxes by Kenneth Ziskin
When I began practicing law as a tax lawyer (many years ago!), I thought my job was to help my clients save taxes. However, my mentor soon straightened me out. He helped me realize that a lawyer’s job was to help clients realize their goals, for themselves and their families. Of course, the less they…
DetailsLong Beach Trade Show and Educational Conference a Big Success and Eviction Reform: ‘Just Cause Eviction’ Bad for Landlords, Worse for Tenants
Trade Show a Huge Success! Our “Million Dollar” Trade Show and Landlording Conference last month was a huge success! You should have been there! Our members were more educated, motivated and stimulated by some very knowledgeable speakers who helped give them that one idea that will help them make and keep more money than ever!…
DetailsLegal Q & A by – Dennis Block
Question One: I have a tenant who vacated a house I own in Long Beach. The rent has been kept very low. The rent is currently $1,200 per month. The home will need about $3,000 in repairs and painting to have it ready for the next resident. My research indicates that the rental value of…
Details1031 Exchanging Into a REIT: The 721 UPREIT As an Option for Investors by – Orrin Barrow
There are many clients who inquire about different 1031 exchange options. Some investors have inquired about the 721 UPREIT (Umbrella Partnership Real Estate Investment Trust) mechanism in both DSTs and Private and Publicly Registered Non-Traded REITS. The question that many investors ask is – Can I 1031 Exchange into a REIT? The 721 UPREIT can…
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