It’s been a tough first half of the year for the global economy, with the MSCI All Country World Index down by 21.7% and the Bloomberg Global Treasury benchmark losing about 9% as of mid-year. Markets have faced a laundry list of concerns including new COVID-19 lockdowns, the Russia/Ukraine war, an economic slowdown in China, surging inflation and central…
DetailsContinued . . . Ten months after leaving Lake Placid Henry J. returned with enough money to placate his future father-in-law. The home for Bessie was not yet built, but something in her demeanor might have told Daddy Fosburgh that this time he’d better acquiesce, or risk losing a daughter instead of gaining a son-in-law.…
DetailsExamine Your Rent Checks and Payments Many landlords are now, for the first time, having to deal with the intricacies of rent control. Your rental units, in most cases, are subject to either the San Diego Rent Control Ordinance or to Statewide Rent Control. In general, rent increases are governed by the statute and “good…
DetailsWhen it comes to real estate, one of the last things investors want to consider is taxes. But unfortunately, it doesn’t matter what kind of investor you are; whenever there is profit, the IRS will come knocking for a piece of that profit. Being a real estate investor gives you a unique opportunity to save…
DetailsThe best Lessor-Lessee relationships I’ve seen start with a professional foundation, including annual rent adjustments, and clear and enforced house rules. A mistake I frequently see housing providers make that puts them at risk and negatively impacts the value of their property is blurring the line between being a friendly, professional, service-oriented housing provider and…
DetailsBelow are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney Dennis Block. Question One: I have a four-plex in the City of Los Angeles which is under rent control. I am doing upgrades including installing an air conditioner in each unit. The cost for these…
DetailsFlorida landlords aren’t exactly sending out an eviction notice to democracy, however, they are fighting to preserve their U.S. constitutional and property rights – rights for which they have worked so hard and are now relying on for their retirement. Orange County, Florida Rent Control? In an effort to give renters relief, the Orange County…
DetailsPRIORITY #1- FILL THE VACANCY The number one priority for landlords is to fill any vacancy, because cash flow is the “life blood” of the landlording business. When properties are all filled, you have maximum income to help you cover all your expenses, management or maintenance challenges and also keep your property upgraded so that the properties…
DetailsWashington, D.C. – Amidst demographic shifts and lingering pandemic impacts on the population and broader economy, the U.S. faces a pressing need to build 4.3 million new apartments by 2035, according to a new study commissioned by the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA). Based on research conducted by Hoyt Advisory…
DetailsYou have a choice, watch others make a small fortune with small amounts of cash while you stand on the sidelines or you can take action and learn more. A father and son from Ventura using funds from an IRA retirement account purchased five acres and quickly resold for an impressive profit of $125,000. A…
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