Technology has revolutionized the way many companies and entire industries do business – including property management. In some rental offices, everything from leasing to rent collections, purchasing and maintenance requests, etc., are being logged, inputted, tracked or entered into a variety of computer programs and databases. All of these processes are designed to improve accuracy,…
DetailsQ: I want to sell my rental property but I have a tenant living there. They are in a one-year lease that doesn’t terminate until June. Can I break the lease by selling the property?
My wife, Hinda, who helps me with planning for clients, and I have been lucky enough to meet hundreds of wonderful apartment owners though the AOA seminars we have done throughout California. The majority of them planned ahead years ago and built living trust based estate plans to protect their families. Unfortunately, almost all the…
DetailsQuestion One: I have an 18 unit apartment building in Anaheim. I would like to advertise my building as a no pet building. Am I legally allowed to state that in my advertisements?
If you’re buying your first or your fiftieth property, one challenge that almost every real estate investor runs into is financing their properties. In a perfect world, we’re all sitting on huge trunks of money and can simply purchase a property all cash. No financing required, no banks or brokers required and it all gets…
DetailsIt is upsetting when we get tenant complaints as a landlord. It is hard work renting apartments or homes to tenants and it takes people skills and management skills. Many times our goal as a landlord is to simply avoid tenant complaints. But there are principles, if properly used, that can reduce or eliminate tenant complaints. Do…
DetailsI remember it like it was yesterday … A gentleman walked into my real estate office and stated, “I heard you worked with real estate investors.” After acknowledging that yes, indeed I did, his next comment was, “Great, I want you to teach me everything you know about real estate investing.”
Just this year, Bill Nye, the Science Guy, made a bold statement saying that the “greatest generation” has arrived. But have you heard of them? At 75.4 million strong, they are now the largest living generation in the U.S. Born between 1982 and 1995, Millennials (also known as Generation Y) are around the ages of…
DetailsAs real estate investors retire, many choose to reposition their assets out of management-intensive investments (such as apartments, office buildings, storage, and mobile home parks) and into lower maintenance single-tenant NNN investments.
5 Tips for Attracting Great (Better) Residents Good residents come to you not by accident, but by design. There are good residents in every price range and in every neighborhood. A professional landlord will attract quality residents. An unprofessional landlord will attract troublesome residents. Your rental property is only as secure as the residents who…
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