Good marketing can’t offset bad value. You can improve the way your property appears to buyers fairly easily. It’s like what you would do to sell a house. Spruce Up Your Property’s Exterior A potential buyer will drive by first. They know they’re buying a used apartment building, but it’s wise to maximize your property’s…
Democratic legislators in the State Assembly have introduced three major bills designed to curb real estate speculation. According to Randy Shaw, executive director of the Tenderloin Housing Clinic, “their passage would be the most transformative advance for tenants and affordable housing since at least the passage of AB 1482 – which imposed statewide rent increase…
SB 9 also known as the (HOME ACT) went into effect Statewide in California on Jan. 1 2022. The City of Los Angeles along with many other California Cities and Counties are publishing their own guidelines daily. As expected, and as seen previously when the state ADU laws first went into effect, some local governments…
Before discussing interest rates, inflation, and the Federal Reserve’s role, it is beneficial to recall the following “story”. During the height of the cold war, Leonid Brezhnev was viewing, along with the highest-ranking generals and members of Politburo, the huge May Day military parade in Red Square. After an hour looking down, dressed in their…
Setting an appropriate listing price is both art and science. The listing price should be high enough to provide some negotiating room and to learn what the market will pay. It should be low enough to arouse several buyers’ interest. Smart listing brokers suggest a price that will promptly obtain realistic offers. Our team often…
With an ever-changing legal and economic landscape, it might be time to rethink your real estate investment strategy. If you’ve been in the apartment business for a while, you know that it’s usually more profitable to own a four-plex than it is to own four rental homes. The income tends to be a lot better…
Title is the word to describe the “bundle of rights” you enjoy as the owner of real estate property. We say that as the owner, you “hold” the title, but title is not a physical thing; rather, it’s the concept of the rights granted over the property through the deed. However, title isn’t just one…
What are the signs of inflation, key benchmarks? A survey conducted in March of 2021 found that over three quarters of Americans are concerned about inflation. Not surprisingly, younger Americans who have not yet reached their peak earning years were most worried; the primary reasoning being they are still renters and don’t own a home…
Selling a perfectly good property is an unnatural act. Human beings don’t seem to want to change things unless there’s a problem. Plus, selling a property you own and buying another one creates its own kind of anxiety. You may worry about whether you will make a profitable move or the worst deal of the…
A 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…