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SHOULD YOU RENOVATE YOUR INVESTMENT PROPERTY? Data from Mortgage Choice shows more than 75 per cent of investors who purchased property within the last two years bought an existing dwelling. Of those who purchased an existing dwelling, the majority said the property was more than 10 years old and required some form of renovation or…


By: Stephen C. Duringer, Esq. The Duringer Law Group, PLC QUESTION I’ve always treated my resident managers as independent contractors, just swapped out rent for management services, seemed easier to just swap out rent for services, less paperwork, less hassle, seemed to work just fine for years. I understand that there have been some changes…


Cashing In On Record High Prices! Apartment sales prices in 2015 hit record highs in many areas throughout L.A. and Orange County. As real estate brokers, we had a great year in 2015, assisting our clients with getting their properties sold for handsome profits and setting local market pricing trends. By understanding the market trends…


Flexible Planning For Wealth By: D. Michael Trainotti A family trust is the vehicle that is used to transfer wealth from one generation to the next. The American Taxpayer Relief Act of 2012 ("ATRA") allows in 2016 for a couple to transfer up to $10.9 million without having to worry about their estate paying any…


By: Christopher Miller, MBA, Specialized Wealth Management At a trade show recently, I spoke with a new real estate investor who was experiencing pain with his investments. For his first experience as a landlord, he chose a rent-controlled 4 unit property. This property, it turned out, causes more pain than he is ready for: as…


Should You Buy Terrorism Insurance? By: Eric Paulos, Certified Insurance Counselor and Risk Manager Should you buy terrorism insurance or save your money? The answer may depend on how you perceive your building(s) will be affected, at all, in the foreseeable future. Following the 9-11 attacks on the World Trade Center and Pentagon, damage was…


By: William L. Exeter President/CEO of Exeter 1031 Exchange Services, LLC. Q: Waiting period between a quit claim deed and a 1031 Exchange? Here’s the context: I finalized my divorce 20 months ago (in March 2014). My ex-husband and I own 50% of a rental property in Seattle, WA. We have each claimed 50% of…


By: Bob Machado, President and owner of HomePointe Property Management There are four important factors to consider when looking for a professional property management company. Web presence, communication, tenant screening, and reporting. Screen for these four issues and you will be well on your way to a successful partnership. Before you talk to anyone, narrow…


By: Michael Slovin Vice President, XFINITY Communities In December 2015, Nielsen released its latest "Total Audience Report," which combined nearly five years of research to determine how Americans watch TV. The results found that younger Americans – those viewers between the ages of 18 and 24 – watched a little more than two hours and…


Overcoming Objections During Your Demonstration and Tour By: Elaine Simpson Founder:Occupancy Solutions LLC. As you welcome in your prospective residents to your community, you may be braced for all of the questions they will likely ask. In many instances, apartment managers and leasing staff prepare themselves for the onslaught of complaints and discouraging comments that…

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