Category Archives: Investing

Tenant Relocation during Maintenance & Repairs

Once a property owner has entered into a rental agreement with a tenant and has handed over the keys, the tenant has the exclusive right to possession of the dwelling unit. Moreover, when tenants enter into the rental agreement, the owner agrees to provide the premises (in a habitable condition) in exchange for the tenant’s […]

Habitability Maintenance and Repair Responsibilities of the Owner and Tenant

  California law requires residential rental property owners to deliver and maintain their rental units in a habitable condition, this legal principle is called the warranty of habitability. Though originally created by the California Supreme Court in 1974, the California Legislature has codified many of the principles of the warranty of habitability in the Civil […]

When is a Pet Not a Pet? Accommodating Persons with Disabilities

I INTRODUCTION Many property owners protect their investment by not allowing any (or certain types) of pets on the property due to possible damage by the pet and the fact that existing law may not allow for an adequate security deposit to cover the damage. However, recent laws on fair housing and accommodating persons with […]

Due Diligence – What Is Important When Buying Real Estate?

When you make a big purchase, or an investment, buy a car, sign up for healthcare, etc. you do you “homework” to hopefully make a sensible decision that gives you good value for the money you are spending. When you buy real estate, which is likely to be the most expensive, most complex, and riskiest […]

Are You Overlooking Any of These Fair Housing Laws?

While all property managers are likely (or should be) familiar with standard Fair Housing Laws, such as the prohibition of discrimination in the sale, rental, and financing of dwellings based on race, color, national origin, religion, sex, familial status or disability, there are also a variety of rules and regulations that have been implemented in […]

Why You Should Not Use Excel For Accounting

First, let me confess that I love Excel. Having used Excel for years, I’m fully aware of its strengths, and will continue to use it to create spreadsheets, graphs, and tables. But for some unknown reason, there is a small group of property managers that continue to extol the benefits of using Excel as their […]

Rental Property – How to Project Cash Flows and Returns

If you are thinking about buying some rental properties as investments, you should probably understand how to project cash flows and evaluate the investment returns you hope to achieve on your hard earned invested cash equity. There are really two types of returns that we can earn on investment property, first is appreciation in value […]

The Advantages of Offering Month to Month Leases

While all properties are not well-suited to offering month to month leases, there are a variety of reasons why it would prove profitable for property managers to investigate the possibility of doing so. In many high profile, urban areas, or in cities where international corporations are located, month to month leases are considered a necessity. […]

Property Investing – Go For The Cash Flow, Not Location, Location, Location

When discussing real estate investments, we often hear people say the three most important words in real estate are location, location, location. And while “3L” properties may be some of the finest looking and most prestigious properties to own, the reality is that they are generally very poor investment choices. The reason is that the […]