Continued from Part 77 . . . In Emily’s mind, apartment investments are by definition secure. Banks don’t lend $1 or $2 or $3 for every dollar of down payment the buyer contributes if the investment is risky. But, of course, not all apartments are equally secure. We’re using “secure” in the Buffett sense, meaning…
DetailsWe get a lot of owners who call us undecided whether they should sell or hold. My advice to them every time is simply this: If you have a very good reason for the use of the net proceeds from sale, then sell. But in every other case, HOLD!
In recent years, the LGBT community has earned additional rights under the law in many different contexts. From same-sex marriage recognition to restroom access corresponding to a person’s gender identity, the law is constantly evolving. The Federal Fair Housing Act (FHA) does not specifically include sexual orientation and gender identity as protected classes. However, discrimination…
DetailsQuestion One: My property is under rent control in the City of Los Angeles. I understand that the City will allow a rent increase of 4% effective July 1, 2019. I have a rent increase that I can institute for April, 2019. If I raise the rent 3% in April, will I be able to…
Details1. Say “No” When you say “NO” you have more time to read, learn, sleep, ask questions, contact friends and love life. Say “no” more.
DetailsAllow me to introduce you to an economist I have read for years. His name is Richard F. Moody. He is the Chief Economist at Regions Financial Corporation (Regions Bank) headquartered in Birmingham, Alabama.
Lyndsey and Sharon Ballinger didn’t expect a cakewalk when a job change took them clear across the country and back, especially with two young children. What took them by surprise, however, was that moving back into their own house would cost them their savings and property rights.
Available for a limited time! Only one of its kind! Offer expires at midnight! These and similar phrases are used to make people “spring boldly into action.” They conjure up images of people rushing into department stores and retail outlets to take advantage of incredible offers on quality merchandise, especially during the holiday season.
On January 15, 2019, the Board of Supervisors unanimously passed an ordinance amending the wrongful eviction and tenant harassment sections of the Rent Ordinance. The amendment takes aim at the Costa-Hawkins rent increases allowed on condos and single-family residences (SFRs), and is meant to prohibit owners of SFRs and condos from circumventing eviction controls through…
DetailsQ: Nick, I would like some ideas on how to avoid losing a month’s rent between tenants. Even my good tenants do not leave the place in move-in condition. It needs painting, cleaning, and minor repairs. Do you have any suggestions? J.P. Cleveland, OH