Delaware Statutory Trusts are potentially a great investment vehicle for those accredited investors doing a 1031 exchange, but what some investors don’t realize, is that you can also invest in DSTs on a cash basis.
Question 1: Can I apply the tenant’s security deposit to rent that is not being paid during the Covid 19 crisis? If so, can I then require the tenant to replenish the deposit? Answer 1: The short answers are, probably, and probably not. I have a feeling I will be prefacing nearly every answer for…Details
With great fanfare, the proponents of an initiative to raise property taxes in California by $12 billion a year announced they had turned in over 1.7 million signatures to qualify the measure. Their press release was headlined “Schools and Communities First make history with most ever signatures submitted.”Details
Landlords are facing challenges to eviction practices in many cities and states and often vilified for simply taking steps to protect their businesses. The reality is that evictions are an awful side of the rental housing business that causes pain for both tenants who need a place to live and landlords who have to run…Details
The Rental Virus – Housing Department in Denial (Open Letter to San Jose City Council Members) By-BAHN-SJ
Hello All: In speaking with several of you, I thought it might be of interest to send you some examples of our stories as mom and pop housing providers. These involve the personal touch and judgement used when renting and managing. I personally know of several who have never filed an eviction in over 30…Details
Dear Dan: While nobody wants to see anyone that is truly impacted by the virus put out on the streets, the entire burden for keeping the public housed cannot be forced upon the backs of individual citizens. Housing is an essential service. Who else is forced to provide an essential service for free? Nurses, grocery…Details
Whether you have a home, triplex or 150 units, we all have that one leasing story. For most of us it has worked out okay. One client took a risk with a foreign engineering student despite having no credit history and not being able to verify the international banking statements. This tenant turned out to…Details
I wanted to address some of the questions and concerns I’ve been getting recently about the effect the Coronavirus is going to have on real estate investors and their businesses. I’ve talked with a number of investors recently and they are worried. Today, I have some survival tips for real estate investors during this crisis.
How to Get Where You Want to Go: Have a Plan Scott Adams, the Dilbert cartoonist, wrote that goals are specific objectives that you either achieve or don’t sometime in the future. That’s different from a system. A system is something that you regularly do that increases the probability of reaching your goal. Losing twenty…Details
Question 1: I own a single-family home in Oakland with tenants on a month-to-month basis. The tenant has been there more than a year. Can I still legally raise the rent? Answer 1: While nearly every aspect of residential tenancy life is currently being changed by legislative responses to the COVID 19-related states of emergency,…Details