The main reason people go into real estate investing is the same reason people fail to protect their assets in real estate investing – money. What you don’t do now can be held against you later in a court of law.
Are you the type of landlord that allows maintenance to pile up on your rental property? Or do you get the job done as soon as the problem arises? Here is a list of reasons why it is so important to stay on top of repairs as they surface;Details
A Swedish socialist said: “Rent control appears to be the most efficient technique presently known to destroy a city – except for bombing.” An official of the communist government in Hanoi: “The Americans couldn’t destroy Hanoi by bombing it during the war but we have destroyed our city by low rents.”
UNION CITY The City of Union City promotes a healthy living environment and protects non-smokers from exposure to secondhand smoke where they live, work, and play. In November 2010, the City Council restricted smoking in rental complex units, unenclosed common areas, and outdoor dining spaces. Key requirements are as follows:Details
There are over 160,000 licensed real estate agents in California. When it comes to investment real estate, specifically apartments, the number of qualified agents drops dramatically. In the Bay Area, there are about 75 agents who specialize in apartments. Of those 75 agents, only about half of them conduct regular transactions.
Qualifying prospective renters can seem especially challenging when you must establish their eligibility to rent based upon income. While it is necessary to determine if callers and visitors can qualify to rent at your community, coming right out and asking someone for their annual income can be perceived as an invasion of privacy. (Would you…Details
As a property manager, you are a business, and tenants are your customers! Although the term isn’t commonly used, the meaning is true. Your job, of course, is to keep your customers happy so they don’t move out. You have other customers too, of course “ the property owner “ and although there is sometimes…Details
In Sacramento, the appalling consequences of one party rule have become manifest. Last summer, I wrote about one party rule in the Legislature and pointed out the similarities with the early days of Fascist Italy, where the party gained control of the Italian Parliament through intimidation. I concluded, Today in Sacramento, to impose one political…Details
MRLANDLORD.COM Tips on Management WHAT TENANTS SHOULD BRING WHEN SEEING YOUR PROPERTY – By Jeffrey Taylor
Once you’ve decided how you’re going to show your rental, you need to make sure the prospect meets you there with as much of their needed information as possible. You don’t want to make unnecessary trips showing the property if you can help it, and having all needed paperwork and information required by you at…Details
Caulk Windows Be sure to caulk around windows and doorframes to prevent heat from escaping. Caulking and sealing openings is one of the least expensive maintenance jobs. Openings in the structure can cause water to get in which results in cracks and mold build up.Details