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Archive for June, 2015

39 Money-Saving “Short Cuts” for Rental Housing Providers – by Bob Ruda

Posted on 01. Jun, 2015 by .

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  1. To spruce up old, dirty and tired wall switches and plugs without replacing them, use spray paint made for plastic.  Two quick coats and they will now match your new switch covers and look like you replaced them. [...]

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Brown is the New Green – How to Enforce Tenant Water Reduction – By Zachary Lawrence JD

Posted on 01. Jun, 2015 by .

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As we all know, Governor Brown (no pun intended) imposed mandatory water restrictions for the first time on residents, businesses and farms, ordering cities and towns in our drought-ravaged state to reduce usage by 25%. [...]

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13 Warren Buffett Quotes for Real Estate Investors – By Doug Smith

Posted on 01. Jun, 2015 by .

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If you follow the news, it’s likely that you’ve become concerned about the state of today’s housing market. And it’s no wonder. Just open up the real estate section of any paper, and you’ll see nothing but negative headlines. [...]

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Must Read Tips for Rent Collection – by Kevin Kiene

Posted on 01. Jun, 2015 by .

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 The first and maybe the most important step is that you properly screen applicants before they become your tenants.  It is always worth the time and money to obtain on all of your applicants the below: [...]

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Pacific Legal Foundation Challenges San Jose’s New-Housing Penalty – By Tony Francois, Senior Staff Attorney

Posted on 01. Jun, 2015 by .

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SACRAMENTO, CA:  On, April 8th, the California Supreme Court heard an oral argument from Pacific Legal Foundation (PLF) in a challenge to San Jose’s “Inclusionary Housing Ordinance,” which imposes a significant financial penalty on the providers – and purchasers – of new homes. [...]

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Protecting Yourself and Your Property – When to Call an Attorney – By Patrick J. Connolly, Attorney at Law

Posted on 01. Jun, 2015 by .

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The San Francisco Rent Ordinance is complex.  Mistakes made at the beginning of a tenancy can haunt you for years, even decades and can negatively affect both your monthly rental income and the value of your property.  Further mistakes can compound a problem. [...]

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Tenant Screening Made Simple – Follow These Steps! – By AOA’s Tenant Screening Team

Posted on 01. Jun, 2015 by .

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Many landlords who are beginning the eviction process exclaim, “If I had only known!”  Well, there are very few reasons we can think of why you should NOT have known.   Before you put a tenant in your vacancy, be sure to thoroughly check them out.   If you have a system in place and perform your due diligence on all applicants, chances are you will not end up with a deadbeat tenant. Below are a few considerations when checking out your applicants. [...]

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Four Hidden Costs of Being a Landlord – By Margarette Burnette, Bankrate.com

Posted on 01. Jun, 2015 by .

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Life as a landlord may be tempting to homeowners unable to sell their homes and others looking to add properties to their investment portfolios.  However, any costs associated with rental properties catch novice landlords by surprise.  The following are four hidden expenses experts say new landlords should consider. [...]

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On the Economy and Income Tax – By Gary D. Halbert

Posted on 01. Jun, 2015 by .

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The Weakest U.S. Economic Recovery in Generations

The economy has been in a slow recovery for the past five and a half years. It’s the weakest post-recession rebound in generations. The Commerce Department’s latest revision of the fourth quarter GDP shows that nothing much has changed, as I will discuss below, even though there was some brief optimism last year when the third quarter GDP hit 5%. But that didn’t last. [...]

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Can You Afford To Lose $230,400 In Leasing Revenue? © – by Ernest F. Oriente, The Coach

Posted on 01. Jun, 2015 by .

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Ouch!  $230,400 in annualized leasing revenue is being lost by apartment communities around the nation!  This is happening because 20 percent of the calls coming from future residents are being missed, which is silently draining the performance of the properties you own/manage.  Using the call tracking system of an industry vendor as a resource, this article will summarize our research from [...]

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