As the saying goes, “Happiness is a positive cash flow.” Empty rental units do not produce positive cash flows. What vacancies do produce are sleepless nights, gray hairs, and negative cash flows. Since no one I know invests in real estate for these reasons, you need to have strategies in place that will give you…
DetailsFor rental housing providers who feel compelled to make the “reasonable accommodation” of allowing an emotional support animal in the rental unit for fear of a costly lawsuit by a tenant claiming a disability, this concern will soon be assuaged. AB 468 is the new emotional support animal law. After beating back recall efforts, a reinvigorated…
DetailsA version of this article first appeared on September 11, 2021 in the Stansberry Digest (Master Series), published by Stansberry & Associates Investment Research, an independent investment research firm. You can visit them at www.stansberryresearch.com. Three Rules to Making Money in Real Estate is continued from last month. Second Rule: Always Understand What’s Happening…
DetailsTHANK YOU, AOA! Dear AOA: [Membership in AOA] is the best thing that we have. We get the newsletter, the application, seminars and everything and love Dan and now the messages from the son (Jeff). We keep updated with everything and we are very appreciative. Pirhiya G. LETTER SENT TO MAYOR AND CITY COUNCIL…
DetailsIf you’re considering a 1031 exchange then you may be attracted to NNN properties because of the perceived stability and ease of management. However, you should be aware that there are at least six significant hazards associated with exchanging into a NNN property. The 1031 exchange has been used by savvy real estate investors for…
DetailsHello everybody. It has been five years since I last published a general article about tree law for AOA members. So, this month I thought I would provide a refresher discussion on that topic and update it at the same time. Overview Most frequently, tree disputes arise out of tree limbs from the tree of…
DetailsThink for a moment about possible weatherization and energy efficiency needs of a property – old, leaky windows and doors; appliances that run up the energy bills included in the rent; heaters that need to be replaced and ACs that have been in the units for years. Now, think about the properties you own that…
DetailsI have no idea who wrote this but it sure is powerful! Thank God for his perfect gift! In 1979, I was managing a Wendy’s in Port Richey, Florida. Unlike today, staffing was never a real problem, but I was searching for someone to work three hours a day only at lunch. I went through…
DetailsChristmas is again different this year – circumstances may have affected some landlord/tenant relationships. Some tenants may owe you months of rent due to job loss or sickness. Some may be dishonestly taking advantage of the laws allowing them to “defer” rental payments. Also, circumstances may have changed with YOU, the landlord. Having gone without…
DetailsOverview: The slave, Bridget Mason, emancipated herself by court petition a few years after her owners moved to California, a free state. She found employment, lived within her means and in 1866, at the age of 48, became a Los Angeles landowner. Her first purchase cost $250. She bought land the rest of her life.…
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