Many savvy investors from the “Baby Boomer” generation own highly-appreciated real estate assets and income properties. However, as they enter retirement, some of these real estate investors would prefer to not deal with day-to-day property management – from maintenance problems, and tenant issues to juggling rent checks and leases. Below you’ll learn why a Delaware…Details
ent Control and Vacancy Rates There can be no doubt that rent control creates housing shortages. For almost 20 years, national vacancy rates have been at or above seven percent – a figure generally considered normal. Cities such as Dallas, Houston and Phoenix, where development is welcomed, have often had vacancy rates above 15 percent. …Details
Multifamily property managers are often caught in a pot crossfire between state and federal laws when it comes to marijuana use in apartments, especially in states where marijuana use is legal.
If you’ve missed some of the basic articles, guidelines on successful investing are in my book “Stairway to Wealth” available at LuLu.com. Continued from Part 35: Consumables vs. Assets, Part 2 Businesses: Generally, because of low barriers to entry consumables tend to be price sensitive. Commodities are a type of consumable that competes only on…Details
Hello everybody. In several previous articles I authored for AOA members over the years I discussed the concept of “usury.” Usury can be informally defined as charging a rate of interest on a loan that is greater than applicable law allows.
Be it investors, potential investors or general public who is looking to start investing, everyone gets excited the minute they have extra cash on their hands and one of the usual plans is to invest it for quick profits. People want to start making their money work for them and that’s a very understandable and…Details
We currently live in a time where convenience has become the driving factor in people’s decisions. People prefer shopping online instead of in-store, phones come equipped with facial recognition, and driving services like Uber and Lyft have taken over the transportation industry. Though automation is a current trend, there are still tasks that automation and…Details
Investment real estate owners often hear about “NNN”, or “triple net” properties. Real estate brokers or other advisors may recommend NNN properties as an alternative to apartments for 1031 exchanges or direct investments which include: Hands-free management Name brand tenants. Long-term leases Pinch me, I must be dreaming! But what are NNNs, exactly? What follows…Details
Early Lease Termination If a tenant vacates during the lease term, this person is responsible for the remaining portion of the lease. A landlord must attempt to mitigate damages by attempting to lease the premises to another person. Once the premises have been leased, the original tenant’s obligation is cut off. There is an exception.…Details