Skip to main content

Property Management News

Web Beat #101
Web Beat #101

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 maintenance to get it "tenant ready". There are many benefits associated with renovating an investment property. In the first instance, simple cosmetic changes to a property can not only help it to appeal to more tenants, but it can also help improve the overall value of the property and the amount of rent an investor can comfortably charge. But... Read more

Legal Corner #8

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...

APARTMENT SALES

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...

Taxes: Flexible Planning For Wealth

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...

What is the “Pain Factor” of Your...

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...

Insurance
Insurance

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 estimated at $40 billion dollars. Other than the first attempt to bomb the World Trade Center in 1993, which was limited to the parking garage, and did $300 million damage, 9-11 is the first foreign attack of its kind that has taken place on U.S. soil. Following the 9-11 attacks, the insurance companies were obliged to pay for the damage to... Read more

1031 EXCHANGE: Questions & Answers #4

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...

Selecting a Property Manager

By: Bob Machado, President and owner of HomePointe Property Management There are four important factors to consider when looking for a professional property management...

Reaching the Millennial Market: How Network...

By: Michael Slovin Vice President, XFINITY Communities In December 2015, Nielsen released its latest "Total Audience Report," which combined nearly five years...

Occupancy Solutions #4

Overcoming Objections During Your Demonstration and Tour By: Elaine Simpson Founder:Occupancy Solutions LLC. As you welcome in your prospective residents to your...