Whether you have several vacancies and upcoming notices to lease or you are down that last “net to rent”, you must still qualify your prospects in order to ultimately secure the rental. How you remember and record the needs and preferences of your callers and visitors is just as important as obtaining the information in…
DetailsPredicting how the recent quantitative easing announcement (“QE3”) from the Federal Reserve (the “Fed”) will affect your business is a complex undertaking. But, if we focus on just a few economic indicators, it’s QED (quite easily done).
As individuals, we all have our own little pet peeves. What may turn off one prospect may not bother another. As apartment professionals, we cannot afford to turn off a single customer, and image is everything. Keeping our communities neat and clean is not only easy to do, it is generally an inexpensive way to…
DetailsTimes are a-changing. Individuals are losing jobs and struggling to make rents. Consider the following to keep your rentals occupied. Broaden Qualifications Broaden the scope of what is deemed passable on a credit report. A past medical problem or loss of job can ruin credit. Have they paid promptly in the last two years? Did…
DetailsSacramento – Recently, the Howard Jarvis Taxpayers Association filed a class action lawsuit to provide relief to nearly one million California property owners who received bills from the State for a new “fire prevention fee” which the lawsuit claims is illegal.
The Patient Protection and Affordable Care Act and the Health Care and education Reconciliation Act of 2010, otherwise as it has become known as Obamacare imposes a 3.8% Medicare contribution tax on all net investment income of higher-income individuals as of January 1, 2013
This article is reprinted here with permission from Creative Real Estate Online at http://www.creonline.com Recently, I made a presentation to a group of real estate investors on the subject of landlording. Specifically, how to determine if your marketplace is one for holding real estate, the pros and cons of being your own property manager, as…
DetailsLandlords are always concerned about safety issues in their investment property. But there is no better time than during the holidays, to remind your tenants of some basic steps they can take to keep themselves and the property they live in safe.Holidaydecorations present many “opportunities” for landlords to encounter additional liability.
IRS Doles Out $6.8 Billion in Refunds to Illegals The Internal Revenue Service regularly issues something called Individual Tax Identification Numbers (ITINs) to people living in the US, but who are not eligible for a Social Security number. The ITIN program was created in 1996 so that these people can file tax returns. However, most…
DetailsFrom CNBC: The latest round of extraordinary Federal Reserve stimulus is risky and leaves little room to maneuver should another crisis hit, economist Lawrence Lindsey told CNBC’s “Squawk Box” on Wednesday. Lindsey said that with the Fed purchasing at least $40 billion a month in mortgage debt through QE3, “they are buying the entire deficit.”…
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