Mortgages and Trust Deeds (hereafter-“mortgages”) are negotiable instruments. Once created, they act among institutional investors as sort of a bond substitute. They are created for income, bought for security and sold for capital gains. We’ll discuss ordinary income from mortgages and the potential for capital gains another
Q: I haven’t increased my tenant’s rent in over five years. Her tenancy is a month-to-month agreement and I would like to increase her rent to match the current fair market rental value of the neighborhood. What is the proper way to give my tenant notice of this rent increase?
Investing in real estate can be a little scary at times, especially for beginners. But please don’t let your fears hold you back from jumping into the very best real estate market we have seen in decades.
Mold Inspectors are everywhere you look. But finding a qualified and reputable mold inspector can be a challenging task with so many companies to choose from. Below is a guide for hiring a certified mold inspector:
On April 25th, 2013 the Department of Housing and Urban Development issued an update letter FHEO-2013-01 regarding service and assistance animals with direct application to residential housing. This letter tied together three laws:
Many of you believe the Los Angeles Housing Department will not bother you – that the owners who have problems are the “bad guys”, the slumlords. The reality is much different. I know of many good owners, some with professional management, who are caught up in LAHD mistakes and vendettas. Here are some common situations:
Question 1: I would like to sell my rental property. I have a tenant with a month to month lease agreement. How do I legally inform her that I plan to sell the property and she needs to vacate by a certain date? What time frame do I need to give her to vacate?
During the holidays, most Californians are focused on their homes. This is the time when homeowners – and renters too – are decorating and extending hospitality to friends and neighbors. But heavy taxes and fees imposed on homes by the
Question One: I have a tenant who moved after serving me proper notice. The condition of the unit was terrible. The tenant left trash and junk everywhere. The premises looked like it had never been cleaned. To haul out all this stuff will probably fill half of a dumpster. The carpets were damaged beyond cleaning…
DetailsDoes your insurance policy cover when a toilet overflows, the drains back up, a sewer line breaks or sends water gushing in from the street, or when the sump pump malfunctions?