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Archive for September, 2014

Dependence on Government Has Become Epidemic- By Gary Halbert

Posted on 01. Sep, 2014 by .

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Did you know that the number of Americans getting benefits from the federal government each month greatly exceeds the number of full-time workers in the economy by a long shot? Sadly, it’s true.

Based on the latest Census Bureau data available, there were [...]

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Something to Think About #24 – Pre-Pays and Rising Rates – By Klarise Yahya, Commercial Loan Broker, BRE: 00957107 MLO: 249261

Posted on 01. Sep, 2014 by .

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We knew this was coming, and now it looks imminent. A little while ago, three newspapers, the Wall Street Journal, the New York Times, and the Financial Times each reported that the Federal Reserve agreed amongst themselves to quit buying bonds in October, 2014. Just saying that rates will someday go up is one thing, but [...]

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Legal Q & A Abandonment of Personal Property – by Franco Simone, Esq.

Posted on 01. Sep, 2014 by .

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Q:  I served my tenant with a three day notice to pay rent or quit and he moved most of his belongings out during the three day period but he did leave some of his personal property behind.  What am I required to do with the things he left behind? [...]

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Legal Q & A – by Richard Beckman

Posted on 01. Sep, 2014 by .

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Question 1: I am trying to sell my triplex in Oakland and the buyer wants the property vacant upon closing. He wishes to move himself and his family into all three units. Can I legally require my tenants to move out; and if so how much notice do I need to give them? [...]

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Legal Q & A – by Dennis Block, Attorney

Posted on 01. Sep, 2014 by .

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Question One: I have an applicant that has very poor credit. He has offered to pay me one year’s rent in advance, plus a two month security deposit. Am I legally able to accept this amount? [...]

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Multi-Units Are Often Less Risky – By Jay P. DeCima

Posted on 01. Sep, 2014 by .

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When asked about the inherent risks associated with his mega shipping empire, Aristotle Onassis replied  - if you expect to make any serious money hiring out your ships for profit, you’ll need to set a course that exposes both the ships and their crews to many unpredictable dangers on the high seas.  It’s impossible to earn much money [...]

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How Smart Landlords Handle Rentals – By Otesa Middleton Miles

Posted on 01. Sep, 2014 by .

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Owning rental property seems like an easy way to generate extra income.  But, it’s actually not all that easy.  Nevertheless, the number of people buying second or third properties as [...]

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Avoid Common Pitfalls When Building Your Contractor and Vendor “Dream Team” – By Robert S. Griswold, MBA

Posted on 01. Sep, 2014 by .

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Every rental property owner depends on contractors and vendors to assist with the proper management of the rental units.  The real challenge for many rental property owners is finding the right people or companies for the job and ensuring that they’re paying a competitive price for quality services or materials.  Not to worry though.  The following suggestions can [...]

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How to Get Your Tenants to Stay for At Least Three Years – by Jeffrey E. Taylor

Posted on 01. Sep, 2014 by .

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My 3-Star Program is an excellent way to encourage residents to stay with you a minimum of three years. You enroll tenants in a 3-Star Program at no charge. It’s just like the local grocery stores where [...]

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Is Mold Lurking in Your Unit? – By Jason Harris

Posted on 01. Sep, 2014 by .

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Musty Odors

Do you smell something unusual? Did you have a recent plumbing or roof leak? Whether there was a recent water damage event or something that happened in the past, musty odors may be [...]

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