This article is reprinted here with permission from Creative Real Estate Online at http://www.creonline.com Current market conditions have made investing in long-term rental property more appealing than ever. If you buy a few rental properties and self-manage them, you’ll have several duties (in addition to cashing checks). One of the biggest is trying to keep…Details
Some of the Worst Mistakes Small Property Owners Can Make – By the Small Property Owners Association, Cambridge, Mass.
Owning rental property can be a rewarding part-time or full-time business for many families. ‘s a traditional way many American families have gotten ahead. We recommend it. We enjoy it. But watch out “ if you don’t avoid the pitfalls, you can have some bad nightmares. What you don’t know can hurt you. Here are…Details
Tenants have a responsibility to use care when they live in a property. They do not have a license to do damage. While they are not responsible for ordinary wear and tear, they are responsible for deliberate or negligent damage, no matter who did it (except the landlord, of course). Proper care of the property…Details
What happened to the good old days? I am old enough to remember being told by real estate professionals about a time when business was conducted on a handshake. One title officer, now retired, told me of a time when two gentlemen entered her office and told her that one was selling his property to…Details
Dear AOA: MiraCosta College in Oceanside and the San Dieguito High School District in the North County Coastal area are both proposing massive bond issues for this November. MiraCosta is going to ask for $500 million ($1 billion 50 million after fees and interest) and San Dieguito $450 million ($940 million after fees and interest). …Details
Dear AOA: I am a 69 year-old woman who owns rental property and works part time. I totally agree with Alec Bernstein and Larry Schwimmer’s observations in their letters to the editor. Your name-calling is offensive and in addition your reasoning lacks logic and you cherry pick facts.Details
Warning to Small Property and Business Owners – your properties or businesses can be taken by the Department of Labor & Industries (L & I) any time without warning (advance or otherwise) by claiming non-compliance of laws they have in place.
According to a 2010 Rent.com study, renters are twice as likely as non-renters (15 percent vs. 8 percent) to believe it’s the property owner’s responsibility to adhere to eco-friendly practices. Furthermore, the demand of renters wanting to live in green communities is on the rise “ 9 in 10 Americans (86%) would prefer to live…Details
With all of the laws governing California housing providers, it is easy to overlook your responsibilities as a landlord, which may result in financial hardships and legal problems. To help make your business of providing housing a bit easier, I have compiled a list of the most common mistakes (and solutions) that AOA members have…Details
[Editor’s Note: Landlord Law & Multi-Housing Report includes expert analysis of the latest legal developments in the rental housing sector as well as news about the multi-housing market, landlord-tenant relations and successful management strategies. Rental housing laws vary from state to state and some may not be applicable to California; however, most cases contain valuable…Details