Blog

“Yeah, but…”

By Jeffery S. Watson This was the most frequent response I consistently heard from younger investors when I would remind them about the 1986, 2001, and 2008 to 2012 real estate market corrections. I would urge them to “stress test” their portfolios, meaning would their portfolio still cash flow if their operating expenses increased by 25% and rents fell by 30%....

This week’s “Weekly Roundup” from National REIA

Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Federal Court Upholds CA Law Requiring Landlords to Pay One Month’s Rent to Legally Evicted Tenants A federal appeals court recently upheld a California law that forces property owners who legally evict tenants...

Tough Times Ahead… Analyze More Than Just an Applicants’ Income.

by Scot Aubrey Everyone loves a good survivor story.  Whether it is a group of 12 boys rescued from a cave in Thailand or the indomitable spirit of a soldier who endured more than two and a half years as a POW during World War II, these stories strike a chord with all of us.  Naturally we put ourselves into the...

America is 246 Years Young!

By Brad Beckett This Monday, July 4th, will mark 245 years of America’s independence!  Today’s infographic takes a look at the Fourth of July “by the numbers” and provides insight into this holiday that we Americans hold dear.  Whatever you do to celebrate, do it safely and have fun…..and, as always, Stay safe and have a Happy Friday!!! “On July 2nd, 1776,...

Five Requirements for Identification of Replacement Property in a 1031 Exchange

By Brad Beckett Today's graphic from Accruit reminds us that the ability to defer taxes through a 1031 like-kind exchange is a valuable taxpayer benefit, but to receive it, the rules pertaining to identification and acquisition of replacement property must be strictly followed. They have outlined the 5 requirements for identification of replacement property in a 1031 Exchange.  Indeed.....Stay safe and...

Breaking Down $1 of Rent in 2022

By Brad Beckett There is a lot of misinformation out there about landlords and profit margins from their investments. Today’s infographic from the National Apartment Association rightly calls supposedly large profit margins a “misconception” which is why they chose to explain where $1 of rent really goes. Indeed……Stay safe & have a Happy Friday!!

Wow Fees!

[IN] If you are not yet aware some big hedge fund billionaires are buying up rental houses. Two are working my small town. This is changing the face of renting houses. One has over 35,000 homes nationwide. The other has thousands and is buying 1000 each week. They want to buy my entire portfolio. He said they have “billion$$$”. They are spreading out from...

House committee passes bill to block cities from regulating Airbnbs, other short-term rentals

By: Jake Zuckerman - May 11, 2022 4:00 am An Ohio House committee passed legislation Tuesday that would block local governments from banning or directly regulating short-term rentals like Airbnb within their borders. The legislation blocks towns and counties from enacting ordinances that prohibit businesses or people from renting property for less than 30 days at a time. Additionally, it blocks them...

Curtains for Closet Doors

Curtains for Closet Doors (by WMH [NC] ) Posted on: Feb 10, 2022 9:34 AM I do hate swinging doors, they take up so much space and we have small places. Bi-folds are terrible, always getting broken and falling off. Sliding barn doors only work in certain spaces. Ditto pocket doors. In our small cottages we have been using curtains on closets for...

Can You Work With Me

[MO] Applicant: "Can you work with me on (the 1st month rent/the deposit)?" Me: "No, we already have contractors." or just "No". [FL] No, I’m not in a position to be your lender and require move-in funds to be paid in full before keys are turned over. [NY] No. I actually have it in my ads and when I discuss about the apartment "first and security...