[Editor’s Note: ‘s important that you be aware of what happened to Mr. Murrell so that it does not happen to you! The following article is also a good reminder that if you or someone else is going to do repairs that you and/or your repair person become RRP Certified. AOA has become one of…
DetailsLooking for ways to reduce turnover costs and start saving money this summer? In addition to the obvious health and safety benefits of reducing exposure to secondhand smoke, making your rental properties completely smoke free can be a smart business decision. Check out the following 3 great reasons to make your properties smoke free:
Time-Varying Pricing Starting this November, all small/medium commercial customers of PG&E, SoCal Edison and San Diego Gas & Electric will be required to transition to a time-varying rate schedule for electricity. A time-varying rate schedule means that when you use energy is just as important as how much you use. This change in rate schedule…
DetailsFrom the very first communication with the tenant, the screening process begins. Asking the right questions during a phone call can save you a great deal of time by screening out problem applicants. There is no reason to waste your time driving to show a unit to someone who will not qualify.
Summer has finally arrived. Warm days sound like fun times. We spend more time out on the beach to get that great California tan, go on vacations and spend more time with our family. For some of us though, warm days can be associated with a lot of frustration. Air conditioning problems can really take…
DetailsThe single, most important step in managing your rental property is choosing the right tenant. Spending extra time and handling the process carefully will prove to be well worth the effort. With attention to these details, your investment will be protected and grow in value. Here are few suggestions to help you make the right…
DetailsPreventing the Fiscal Cliff is a Tall Order I presume by now that most everyone reading this is familiar with the term fiscal cliff. But just to review quickly, here is what is set to happen on January 1, 2013 if nothing is done to stop it:
DetailsIf you’ve missed some of the prior articles, basic beginner guidelines on successful investing are in my book Stairway to Wealth available at LuLu.com. As we’ve discussed before, interest rates on loans, even fixed rate loans, are the sum of two items: index and margin. Let’s talk first about the index. Hypothetically, we’ll pretend that…
DetailsQ: I just purchased a property at Trustee’s Sale; how do I get rid of the occupants still residing in the unit? A: You must first determine whether or not the occupants are a former owner or a bona fide tenant. It may be difficult to determine this fact, so it is suggested that you…
DetailsQuestion 1: What is ˜rent skimming?’ Answer 1: According to Civil Code Section 890, Rent skimming” means using revenue received from the rental of a parcel of residential real property at any time during the first year period after acquiring that property without first applying the revenue or an equivalent amount to the payments due…
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