Excellent Article In A Recent Edition Of The OC Realtor Magazine Dated May/June 2018. Very informative and a big help to put “Buyers in the Know”. The author: Michelle McCann, Communications Specialist. Myth One: It Costs Less Money To Rent False. Talk to people in their golden years. Many of the people to whom I […]
I Meet The Nicest People
Finally Got The Chance To Have Lunch In Westlake With Tristan Ahumada At Tuscany, no less, and being in Westlake, Wayne Gretsky was in house. Thousands of you know Tristan. He is a top producing Real Estater with an outstanding Keller Williams team, BUT he is also the co-founder and operator of Lab Coat Agents, […]
Some More Myths Of Real Estate
#1- Can A Notary Notarize A Document For Their Buyer In A Transaction? Yes, the laws allow it, but lenders and escrow companies and your broker might not like it. #2- Is It Legal For A Broker To Work For More Than One Company? Yes, if the companies all agree. #3- If You Have An […]
What Are The Rules About Taking The CalDRE Exams?
Tips To Taking The State Exam: The salesperson exam is 3 hours and 15 minutes with 150 multiple choice questions (1.3 minutes per), 70% passing grade. The broker exam is 5 hours with 200 multiple choice questions (1.5 minutes each, broker questions must be considered more difficult, you think), 75% passing grade. Exams are offered […]
One Type Of Housing Is Booming
If You Have Been Watching Rental Housing In California You realize that rental prices are increasing faster than wages are increasing. This is not a good sign for renters, and talk of Rent Control is coming to the forefront again in many cities. But there are still some areas to invest. Student Housing: It is […]
Wells Is In The Penalty Seat Again
Wrote This Article On Thursday And An Announcement Came Out On Friday It is a done deal. After all the troubles that they have had over the recent years, they are now in “early stage discussions” with the Consumer Financial Protection Bureau over possible new penalties. These problems stem from their practice of charging for […]
What Are Your Chances Of An IRS Audit?
You Finished Your Taxes You drove to the Post Office that was open till midnight, and mailed your return. For many years I did drive to the Post Office on Sherman Way in Van Nuys. Then, things changed and I started driving there on October 15th. You know the drill. Now That You Have Sent […]
What Would Warren Do?
My Friendly Kiplinger’s Personal Finance Adviser Just Answered That Question Warren Buffett’s holding company latest purchases were Apple at $168, Bank of New York Mellon at $51, U.S. Bancorp at $50. He also “trimmed” some of his shares in American Airlines (only 1 million shares), and he still holds strong positions in many airlines. Kiplinger […]
Myths Of Real Estate
All BRE Licensees Are Realtors False, the Realtor Associations are basically Trade Associations, optional to join, and fees are required. Some of the people who do not join include many Loan Brokers, Property Managers, Commercial Agents and licensees inactive at the moment. Right now about 180,000 Realtors and 240,000 not Realtors. All Realtors have access […]
More Stuff Happening At CFPB
Being Involved In Mortgage Loan Originator Education I closely watch what is going on at the Consumer Financial Protection Bureau. It can affect my income and the income of sons, grandchildren, wife, staff, etc. The organization is about eight years old now, but changes they are acoming. First, I have already many times relayed that […]