Like it or not, once you and your tenant have signed a rental agreement, addressing any maintenance issues that arise will quickly become one of the most critical aspects of maintaining a good relationship. You may occasionally need to educate an overly needy tenant on the types of issues they should attempt to address themselves…
DetailsThis article is reprinted here with permission from Creative Real Estate Online at http://www.creonline.com. We’ve all done it. Anyone who invests in real estate is bound to make a clunker deal sooner or later. I’ve been in this business for over 25 years and have made plenty of mistakes, and I am always reminded that…
Details[Dan’s Note: Keep in mind that Progressive means socialistic. Progressive means taking money away from those who earn it and giving it to those who do not earn it.] The US Tax Code is designed to be progressive, meaning that the more money you make, the higher your tax rate. This is accomplished through tax…
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. A young couple drops by once in a while to discuss investment opportunities. This time they brought their son, not quite a year old, but already, if you use a little…
DetailsRegistered Sex Offenders as Tenants Q: Does a landlord have a duty to determine whether or not an applicant is registered as a convicted sex offender? A: A landlord does not have a duty to check on the status of an applicant as a convicted sex offender.
DetailsQuestion 1: What is an ˜estoppel statement,’ and can I ask my tenant for one at any time? Answer 1: An ˜estoppel statement’ is, generally, a form that the landlord provides to the tenant “ residential or commercial – to complete and return to the landlord, which outlines the specific status of the tenant’s rights…
DetailsQuestion One: My tenants normally pay the rent by depositing the money directly into my bank account. One tenant has not paid the rent and I want to issue a 3-day notice to pay rent or quit. May I specify in the notice that the rent payment be deposited into my bank account? Answer One:…
DetailsThe biggest pitfall in any litigation or arbitration brought or defended by a family living trust is the failure of the pleadings to properly identify the trustees of the trust as parties to the proceeding. On December 28, 2011, the California Court of Appeal simply and unequivocally ruled that the property party to a legal…
DetailsThe below article was written by Robert Wiedemer who is the author of The New York Times and Wall Street Journal bestseller, Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown, with over 500,000 copies sold. He is a managing director of Absolute Investment Management, an investment advisory firm with more than $200…
DetailsBeware: The Inflationary ˜Tipping Point’ Ready to Hit the U.S. The below article was written by Robert Wiedemer who is the author of The New York Times and Wall Street Journal bestseller, Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown, with over 500,000 copies sold. He is a managing director of Absolute…
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