Knowing when and where to take a risk is an important trait for any successful business owner, however, taking a risk on safety, security, and insurance coverage could be the last business decision you make. The following recommendations can help you avoid or recover from theft or loss. Maintain Your Property and Keep it in…
Rental ownership is face-to-face capitalism. It’s hands-on. When you own shares in a large corporation, you don’t get a say in how that company is run. When you own rental property, you make decisions that affect your income stream and the value of your asset. Good landlords increase their property’s value. The best landlords learn how…
A version of this article first appeared on March 12, 2018 in the DailyWealth, published by Stansberry & Associates Investment Research, an independent investment research firm. You can visit them at www.stansberryresearch.com. Dr. Steve Sjuggerud is the Founding Editor of DailyWealth and editor of True Wealth, an investment advisory specializing in safe, alternative investments overlooked…
In what must have been one of the low points of her day, a young woman recently knocked on my door to tell me that she was from the San Francisco Tenants Union and wanted to invite me to a “Town Hall” to listen to Dean Preston, a supervisorial candidate talk to tenants about how…
Question One: We attended your seminar on Tenant Screening at the L.A. Convention Center as we are members of the AOA. Thank you very much for your seminar which gave us highly useful tips to screen probable tenants. I will be glad to use your services for us and for my friends because of your…
Apartment Owners, Business Owners and Community Leaders Are Fighting Back to Protect Your Rights and Your Wallets! In 2014 the Los Angeles City Council and Mayor, working with Labor Based Organizations passed an Ordinance impacting all commercial business, including apartment owners, in Los Angeles. While the city picks up trash from residential and some smaller…
It is upsetting when we get tenant complaints as a landlord. It is hard work renting apartments or homes to tenants and it takes people skills and management skills. Many times our goal as a landlord is to simply avoid tenant complaints. But there are principles, if properly used, that can reduce or eliminate tenant complaints. Do…
Having a written criteria list for your rental applicants is pertinent in your rental business and serves several purposes. By attaching a copy of your rental criteria to each blank application form, you are informing your applicant of a list of conditions that must be met for them to be considered as a future tenant…
The Big Show You’ll want to mark your calendars for the FREE “Million Dollar Trade Show and Landlording Conference” next month where we’ll be giving away iPads and 5-day cruises. The show willbe held onTuesday, September 20th at the Los Angeles Convention Center in West Hall B, 1201 N. Figueroa!
Minnesota Landlords and Tenants Unite to Fight Unconstitutional Search of Homes Golden Valley landlords and tenants unite to challenge city’s rental inspection law. Minnesotans have a new reason to remember to empty their dishwashers and keep their bathrooms clean. That’s because the city of Golden Valley is asking the Minnesota Court of Appeals to grant…