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Archive for February, 2020

Start Your New Year’s Success – Do You Know Your Building’s Financials? By-Cliff Hockley

Posted on 01. Feb, 2020 by .

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“The biggest mistake many investors make is to ignore the numbers generated by their properties.” Financial Statements Let’s start with financial statements, or lack of them. Many real estate investors only track the results of their real estate investments at tax time. Instead investors should be reviewing their results by reading their financials on a […]

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Video Surveillance at Investment Properties? By – Cliff Hockley

Posted on 01. Jan, 2020 by .

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Video surveillance is not a new thing. One of the first recorded applications of video surveillance was in 1942 when it was used to view the launch of V2 Rockets in Germany.  This technology attained commercial use in the United States from 1947 -1957 along with the development of televisions.  The technology moved forward considerably […]

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You Get What You Inspect … Property Owners Should Not Ignore Their Properties By – Cliff Hockley

Posted on 01. Dec, 2019 by .

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Joe and his sister, Madison, flew in from Alaska to inspect their investment properties.  They were meeting with their property manager to review their investment portfolio.

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Is It More Effective to Buy New or Used Appliances to Replace Broken Ones? By – Cliff Hockley

Posted on 01. Nov, 2019 by .

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Clients always ask me, “Is it more cost effective to buy new appliances or used ones when existing appliances in rental units fail?”  Unfortunately, there is no easy answer to that question.

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Choosing the Right Vendor for Your Property By – Cliff Hockley

Posted on 01. Oct, 2019 by .

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Below is version of an excerpt from Cliff’s book, Successful Real Estate Investing. In six years as a property owner, Jules had been faced with numerous challenges with his vendors.  One of his apartment properties had its own sewage pump because the sewer line at the property was located below the city’s gravity-fed system.  The […]

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Should You Rent or Sell Your Home? By – Cliff Hockley

Posted on 01. May, 2019 by .

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You have been given the opportunity to transfer with your job, but you love your home and don’t really want to sell it. But your financial position is such that you cannot support two homes. What do you do, rent or sell?

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Choosing the Right Vendor for Your Property by – Cliff Hockley

Posted on 01. Mar, 2019 by .

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In over thirty years as a property manager, we have been faced with numerous challenges with our vendors.  Let me give you a few examples: A sewage pump failed over the weekend, so we called a vendor who wanted $5,000 to replace the sump pump.  The pump cost was $1,000. We needed it replaced, but […]

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