When “The American Taxpayer Relief Act of 2012” (“ATRA”) became effective in 2013, estate planning for most apartment owners turned upside down. Before ATRA, fear that expanded estate tax exemptions (beginning in 2001) might expire lead many planners to emphasize
DetailsAs Baby Boomers age, they realize that things may need to change with how they handle their real estate investments. First of all, they may be tired of dealing with the details that are involved with the day to day operations of real estate
If you’ve never heard of Jessica Carde, consider yourself lucky. She’s the now infamous “nightmare tenant” who, although apparently near penniless, preyed on homeowners by finding high-end homes for lease and giving the owners a heart-wrenching story about her circumstances to convince them to rent to her – then
California is currently facing a water shortage problem and some municipal utility agencies (“utility agency”) are imposing restricted water allotments. Exceeding the allotment may result in a steep penalty assessed against the landlord.
I recently helped a client with an evaluation of her property, a well-located two-unit building with approximately 3,000 square feet of living space. She purchased in the Richmond area because of the district’s large units and appealing location – between the
Once you have hired a new property management SuperStar, the next step is critical. It’s now time to welcome this SuperStar into your property management company in a way that will accelerate their success and
As a property owner and/or manager, you may already have many successful ways to quickly fill your vacancies with well-qualified, new residents. My hope is that I can add a long list of intuitive and counter-intuitive suggestions that have worked and will keep
What do you do if you live in a bad area but you have a nice townhouse to be rented out? I have a three bedroom, 1 ½ bath with central air, alarm system, six foot privacy fence, 1 ½ car garage but when I tell people the address it deters them from
Financing is the absolute heart ‘n soul of building wealth with real estate – beginning from the time you purchase your first property until the time you cash in your chips (sell out). In the early years most Mom & Pop investors (the folks I associate with) simply do not have enough
The value of setting up appointments from telephone inquiries has been clearly established. Yet, it seems that the number of callers being converted into visitors is not always producing a high percentage of rentals. A recent question submitted by a manager of a large apartment community may
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