Why Is it So Difficult to Find Refinance Rates and Purchase Rates? In our MLO classes, I have mentioned many times that I can never find information on refinance rates and purchase rates for my rental houses. Every ad that I see talks about rates on my home, etc. etc. etc. There are many people out there […]
A California Homeowner Association (HOA) adopted a rule that homeowners who rented out their homes could not do so for periods of less than seven days. Moreover, the HOA imposed an annual fee of $325 on owners who rent out their homes. The purpose of the fee was to defray, at least partially, the extra […]
This makes three Property Management articles in a row. Why? Well, I am starting to organize a new 15 Hour Property Management course for State Approval, so my mind is on PM matters. Now, I have to start organizing and stop procrastinating. Whenever I read a document, I note what is given emphasis by type […]
The important word for today is “Lease”, as in leasing residential property. Owners and tenants should understand the consequences of signing any mysterious documents. The question for today is, “What happens at the end of the lease?” The tenants could move out. Obviously the parties could extend the agreement or make a new one. Or […]
One of the best sources for information about California situations is http://www.dca.ca.gov. This is the Department of Consumer Affairs and the areas they cover are numerous. For example, one Bureau under their control is the Bureau of Real Estate. I go there for Small Claim Course facts, Renter and Landlord problems, Licensee information on hundreds of […]
Q: Most of my current residents are full- or part-time students. The units are large, and are typically shared by four or five room mates… Q: Many of my rental units are in central Los Angeles, near the campus. Of course, most of my current residents are full- or part-time students. The units are large, […]
