The best way to look forward to 2016 is to look back at 2015. In January 2015, these important charts were flashing “price boom” signals in the single-family residential market. Foreclosures steadily declined, returning to a small percentage of all properties sold. In the past, this ratio of foreclosures to sales enabled sellers to establish…
DetailsEach year after filing your tax return you may wonder if there might have been something else you could have done to reduce your income taxes. As the owner of multi-family rental real estate, you may be missing out on significant income tax benefits if you have not considered taking accelerated depreciation on your property.
All apartment communities use various means to attract new renters. Many forms of advertising have minimal costs in dollars (i.e. online ads, signs, banners, word of mouth referrals, etc.). Yet the time and money it takes to create and design some of these ads and make sure they are well placed to capture attention is…
DetailsThursday, May 19th at the Long Beach Convention Center – Hall C Mark your calendars for Thursday, May 19th for AOA’s “Million Dollar Trade Show and Landlording Conference” in Long Beach. You will meet just about every contractor and vendor you will ever need… it’s called the “Million Dollar Event” of the year. Come and…
DetailsIt’s somewhat of a secret that window film has more than one application. If used correctly and installed by a professional, window film can deliver huge savings to building owners, especially in warmer climates. Over ten years ago we purchased a small office building to move our business into. We moved in March, and as…
DetailsThe Big Show You’ll want to remember to mark your calendars for the big “Million Dollar Trade Show and Landlording Conference” next month. The big show will be held on Thursday, May 19th at the Long Beach Convention Center in Hall C, 300 East Ocean!
DetailsMinnesota Landlords and Tenants Unite to Fight Unconstitutional Search of Homes Golden Valley landlords and tenants unite to challenge city’s rental inspection law. Minnesotans have a new reason to remember to empty their dishwashers and keep their bathrooms clean. That’s because the city of Golden Valley is asking the Minnesota Court of Appeals to grant…
DetailsHopefully, if you own apartments in the City of Los Angeles and are under the L.A. Rent Stabilization Ordinance, you have already paid your building’s registration fees of $24.51 per unit which was due by February 29, 2016. Serving a timely notice, you may collect one half of those fees from your tenants.
You won’t believe me … but it’s true. Stock prices and house prices actually do extremely well when the Fed starts raising interest rates. I know, I know. I get it. It shouldn’t happen. Rising interest rates should be a “negative” for stocks, as corporate borrowing costs go up and profit margins go down. But…
DetailsQ: My tenants informed me that they plan on running a small day care business out of their apartment. However, my rental agreement strictly prohibits operating a business out of the apartment and the area in which the apartment building is situated is not zoned for commercial businesses. Can I prohibit my tenants from starting…
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