Keeping a leasing call positive is the foundation for the first impression. As the leasing inquiry begins with a question, its 50/50 – will the answer be yes or no? We don’t have any three-bedroom apartments. We don’t supply washing machines and dryers in our apartment homes. We don’t have any one-bedrooms available. We don’t…
DetailsLetters to the Editor … Supervisors Extend L.A. County Moratorium! Below are some letters sent to the L.A. County Supervisors opposing the extension of the moratorium. To the Board of Supervisors: From: Nicholas Gessler, Ph.D – As a Ph.D. in Anthropology, a Social Science, I can’t believe you are taking this set of…
DetailsThe U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) are warning landlords and other housing providers on military tenant protections when they are providing rental housing for military families, according to a release. The Justice Department and CFPB have sent a letter to landlords and housing providers reminding property owners of…
DetailsInternal Revenue Code section 1031, which establishes the transaction structure referred to as a 1031 Exchange, is one of the most advantageous sections of the U.S. tax code. A 1031 exchange allows for the deferral of taxes when investment property is sold in conjunction with the purchase of another replacement property. The tax savings alone…
DetailsProtecting your rental property from crime is essential on many levels. Think about all the benefits of a safe rental! By doing so, you can: Attract and retain good tenants Avoid the destruction of your property Increase the value of your property Contribute to a healthier community Make property management more enjoyable
DetailsApartment market conditions generally improved according to the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January 2022. The Market Tightness (69), Sales Volume (59), and Equity Financing (67) indexes all came in above the breakeven level (50) for the fourth quarter in a row, though many respondents indicated conditions remained unchanged across the…
DetailsBelow are some management tips shared by landlords nationwide. Three Rental Units for the Price of One! A landlord asked other real estate investors on our Landlord Forum: What have you all been finding as good investments over the past year or two? The inventory for (bargain) Real Estate purchases is very low. Leads have…
DetailsSales of existing homes in the U.S. exploded in December to over six million units, a new record, the National Association of Realtors reported last week. Yet the NAR also reported that the inventory of homes still available for sale fell to a record low. Thus, there is a shortage of homes on the market,…
DetailsKey Takeaways: What are the Four Stages of a Real Estate Cycle? What are some Current Macro Real Estate Trends Impacting Investment Real Estate? Why Should Delaware Statutory Trust Investors Be Aware of Current Real Estate Trends? One of the common topics that frequently pops up in investment conversations these days involves questions about what…
DetailsOn January 25, 2022, the Los Angeles County Board of Supervisors voted to extend the COVID-19 Tenant Protections Resolution through December 31, 2022, unless repealed or further extended by the Board. What is the County’s COVID-19 Tenant Protections Resolution? The County’s COVID-19 Tenant Protections Resolution (formerly the LA County Eviction Moratorium), which went into effect…
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