This month I will address three areas of real estate law which, judging from the volume of telephone calls I receive from AOA members, continue to generate a good amount of confusion. These fields are:
The Big Show You’ll want to mark your calendars for the Million Dollar Trade Show and Educational Conference next month. Come help us celebrate AOA’s 30th anniversary where we’ll be giving away iPads, 5-day cruises and even a flat screen TV. The big show will be held on Thursday, May 17th at the Long Beach…
DetailsShutters, Sliding Panels and Roller Shades Shutters offer traditional elegance that is engineered to last a lifetime. They won’t warp, chip, peel or fade and never need painting. Sliding panels are great when you need to liven up your décor. They are available in a wide variety of natural wood patterns. Whether you need to…
DetailsOnce you’re in this business for several years, you’ll start seeing the cycles that are natural in real estate. The timing of the cycle will vary from area to area, but the cycle exists just the same. You’ll go from having all your rentals full and perhaps a waiting list of people wanting to rent…
DetailsIntroduction to Smart Meters As Pacific Gas & Electric (PG&E) in Northern California along with Southern California Edison (SCE) and San Diego Gas & Electric (SDG&E) in Southern California roll out a combined total of 11.7 million new electric and 10.6 new, gas Smart Meters (so-called), we as a property management team see Californians’ Constitutional…
DetailsMany apartment communities strive to create a welcoming office environment in order to put prospective residents at ease. From aromatic scents and freshly baked cookies to a warm faire, these comforts communicate a feeling of home. However, when managers have an office connected to their apartment or even inside their apartment home, sometimes the lines…
DetailsYour friends haven’t done anything new lately. Have you seen this phrase before? Front and center when logged into Hotmail, it made me laugh and think really?! If only you knew what my friends are up to. And if Hotmail thinks you aren’t doing anything new, there’s a good chance you probably are! Then I…
DetailsIf you are to be effective in property management, you must continually strengthen resident retention. With resident retention so important, why do so many sad-isfied residents tell me, When I was considering renting, they waited on me hand and foot. Now that I’ve moved in, it’s my turn to wait for everything! While there has…
DetailsA Qualified Personal Residential Trust or QPRT (pronounced CUE-pert) is a trust whose only asset is a residence. The QPRT removes the value of a home from the estate and shelters appreciation. It also provides asset protection associated with irrevocable trusts. The homeowner transfers the home into a QPRT, continuing to live there throughout the…
DetailsIt is no mystery that the past few years have been tough on the multi family industry. We are seeing pockets of recovery while other regions are still suffering. Despite overall vacancy issues, you often will see certain floor plans or views maintain high demand. This is where market rate properties can boost revenue by…
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