An interesting thing happens when people become successful real estate investors: like any true convert, they start to want to proselytize. And one of the primary characteristics of any good missionary is the desire to emphasize the good and de-emphasize the downsides of ones’ religion.
We manage properties for homeowners with many unique circumstances but inheritance is one of the most common reasons why people choose to rent out a home. This is the story of a typical case.
Just Looking in the Local Newspaper Classifieds for a Rental Rate Prospective tenants have many ways to check comparable rental rates besides the newspaper – local property managers, Realtors or the internet listings. Property owners renting their own property need to check these sources in addition to the newspaper. Local Realtors can provide a list…
Welcome to the New Year. We said farewell to 2015, which we greeted we optimism. But along the way, our small businesses continued to be pummeled by successive legislative assaults from our elected officials. The bright spots came from our show of force and determination at several
Facebook Advertising – One Landlord’s Experience I believe Facebook marketing will be important consideration for future marketing/advertising if current trends continue. You can use Facebook marketing in multiple ways. Here is what I have done:
Question One: I own a rent controlled building in the City of Los Angeles. I have a tenant that signed a one-year lease and currently is on a month to month tenancy. When the tenancy was initiated, he never paid the security deposit. He promised he would pay me after the first month, but that…
There is one thing I can always depend upon as a rental property owner and that is eventually the tenant I just rented to will move out. Vacancy is just one part of a natural cycle of rental property ownership. Many landlords have
The unemployment rate has declined for seven years; the economy has been in expansion for more than six years; and the stock market has more than tripled since 2009. Things are definitely better, right? Yet you wouldn’t know that based on the results of several recent polls.
Why do HVAC Systems Need Regular Maintenance? Owners of commercial buildings sometimes overlook the maintenance of their HVAC (Heating Ventilating and Air Conditioning) systems. I recently had a meeting with clients who own a 20,000 square foot building where they had installed a new HVAC system at the cost of $100,000. Because it was new…
Q: I have a tenant who has paid in checks for the past two months. I have not had any trouble cashing the checks; however I prefer to have cash. Can I demand that the tenant pay me in cash?