It’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…
DetailsWe’ve all heard variations of the famous quote: “There are three things that matter in property: location, location, location.” “There are three things to remember when valuing a property: 1-Location, 2-Location, and 3-Location.” “The top three keys to success in real estate are location, location, location.”
DetailsDeflation Executive Summary: For purposes of this article, a declining interest rate environment (the “back half” of an interest rate cycle) is the rising tide that benefits investors as a group. This is the period that investors live for. Net operating income goes up every year, seemingly with very little customer resistance. Payments on variable…
DetailsWhen the Great San Francisco Earthquake of 1906 struck, my great-grandfather was 14 years old living with his family at Pine and Van Ness. The property had suffered little more apparent damage than a downed chimney. So his father, seeing many other downed brick chimneys in the neighborhood, hastened him to the brick mason for…
DetailsEstate planning for apartment owners (or the owners of any income property) involves both opportunities and hazards for the owners. Too often, however, no one takes the time to explain the opportunities and hazards to owners, and they wind up with plans that do not fully meet their goals.