MRLANDLORD.COM Tips on Management 19 Top Tips When Buying Property That You Plan to Hold and Rent 1) Buy what RENTS! A great buy in the wrong part of town is NOT a great buy! 2) LOCATION! The prettiest rental in the wrong neighborhood will never have as much potential as the ugliest house in…
DetailsBenefits of Transferring Your Rental Property to a Living Trust By, Michael K. Elson, Attorney There are many significant benefits to transferring your rental property and other assets to a living trust. The obvious benefits are that you will select the executor, or rather successor trustee, of your estate, and you will decide who the…
DetailsEverything You Always Wanted to Know About Transferring Real Estate Without Getting Reassessed by Edgar Saenz, Esq. Here’s the problem: In California, a change in ownership of real property triggers a reassessment. Here’s a menu of six ways to legally transfer property without incurring a reassessment.
DetailsLetters to the Editor¦ Dear Dan: Just a note of thanks for the service you provide to landlords in California. I could not print out the “Lead Base Paint pamphlet” from the EPA web site so I drove over to your Garden Grove office to pick up a supply. This reminded me how valuable being…
DetailsReminder: New Lighting Rules from the Federal Environmental Protection Agency By Tom Sjostrom Now is the time to plan for the replacement of your fluorescent lights and ballasts! As an owner/investor of real estate, you need to figure out what kinds of lighting you have, because significant changes have been mandated by the Federal Government…
DetailsThe Sargent Shriver Civil Counsel Act by Melissa V. King, Esq. and Brett Wright, Esq., Owens & Wright, Attorneys at Law You have the right to an attorney. If you cannot afford an attorney, one will be appointed for you. Most of us recognize this well-known admonition, but hopefully not from personal experience. It must…
DetailsFour Steps to a Successful Property Investment By Kathleen Wilcox, EMBA At the very beginning of a new property investment, an investor with a buy-hold-manage strategy is likely to have a vision of what that investment will become in the future. The challenge is taking the right steps between the date of purchase to the…
DetailsWorking With Residents “ How to Train Your Tenant By Larry Cutting I have discovered over the years “ sometimes the hard way “ that the more time and effort you spend in the initial screening process and lease signing appointment, the less trouble you will have in the overall tenancy. I refer to it…
DetailsApartment Complexes Statewide to Start Recycling Programs By CalRecycle SACRAMENTO “ California apartment complexes are going greener than ever this year as they start recycling programs to help meet a state recycling goal of 75 percent by the year 2020. A state law that goes into effect July 1 requires businesses and public entities that…
DetailsSay Goodbye to Rent Control! By Zachary Lawrence JD I remember a beautiful song by Michael Jackson called: Never Can Say Goodbye. ‘s the story of how difficult it is to part with someone you love. Sometimes, however, saying goodbye can be a wonderful thing. And profitable! Rent control, as we now know it, creates…
Details