Landlord Quick Tips

Investing in real estate by purchasing rental properties can be a smart way to balance your portfolio, hedge against inflation and build long-term wealth. Not everyone is cut out to be a landlord, though — but even if you feel you’re not landlord material, you can get the same portfolio benefits by investing in real…

Residents affected by the three fires scorching parts of California have yet another ordeal to contend with: beginning the homeowners’ insurance claims process. Two of the blazes — the Hill Fire and the Woolsey Fire — ignited in southern California on Thursday, setting off evacuations, according to the Ventura County Fire Department. Meanwhile, the Camp…

There is an interesting cultural shift going on in America. In the 1990s, there was a big push by the Clinton administration to increase the percentage of homeownership in the country. Lending programs that took into account cultural differences among minority groups, down payment assistance grants and other well-intentioned programs helped lift the homeownership rate…

It seems like nearly everyone you talk to these days is a landlord or is thinking of becoming one. While some of us may simply rent out our basement to bring in extra income to help cover the mortgage, others are forgoing more traditional retirement savings vehicles such as RRSPs and TFSAs for the allure…

Why Landlords With Triple Net Leases Are Likely Punished Under The New Tax Law Section 199A was added to the Internal Revenue Code under the Tax Cuts and Jobs Act of 2017 to provide taxpayers with a 20% deduction from income attributable to qualifying trades or businesses. One immediate question under the new law was…

Q: I have been renting out my townhouse for about nine years without a problem until the current renters. They have lived in my rental home for five years, and recently moved out. There are long cuts in the linoleum flooring in the kitchen, which appear as though someone took a knife to the floor,…

We all know that it is very important that the basins of the kitchen and the sink are clean. As they are objects of the house that are used a lot every day, they usually get dirty pretty quickly. With the amount of pots, pans, glasses and cutlery that are washed in the kitchen sink,…

Apartment vacancy is arguably the single biggest problem in the multifamily industry. When vacancy is high, no one is happy. But what if the way that many people in the industry think about vacancy is wrong? Too often, the multifamily industry operates in an extremely compartmentalized way. Marketing is in one compartment. Leasing is in…

Local landlords recently got a preview of the suite of all-new and ongoing incentives to participate in the Section 8 affordable housing program through the Housing Authority of the City of Santa Barbara (HACSB). Attendees of the Sept. 25 informational luncheon also heard from participating landlords and tenants about their experience with the Section 8…

Residents in the Carolinas are just beginning the long recovery process after Hurricane Florence dumped more than 3 feet of rain in some areas, causing massive flooding. For many, a crucial first step is to find the right contractor. Early estimates suggest that the damage from Florence’s wind and flooding could total between $1.7 billion and…