Archive | DRE

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CAN YOU COLLECT ADVANCE FEES?

ANSWER: YES. DRE Regulation 2970 says that you can. FACTS ABOUT ADVANCE FEES FOR BROKER EXPENSES (From the DRE Bulletin, Spring 2026, not AI)   1. Before you can collect fees, you must send a copy of the agreement you will use, your accounting format, and any promotional materials to the California Department of Real Estate.    2. If […]

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INTERVIEW WITH DUANE GOMER

You see interviews all over the internet, so today, since my name is on the door, I thought I would do one on Mortgage Loan Originator Continuing Education. For the interviewer, I selected Dick Green of Mission Viejo. Let’s get started.  DICK: Duane, your company has been at the forefront of MLO CE since it began. Exactly, […]

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Email Testimonials We Cherish

We have sent you testimonials from our students in our emails so you can hear what people say. And as the owners, DJ and I are proud of our instructors. Sometimes we get a testimonial that is above and beyond. In our Mortgage Loan Origination course on June 26th, John Shore taught the morning session covering Non-Traditional […]

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FACTS AND FABLES ABOUT LICENSE RENEWAL

Continuing Education courses for California Real Estate Licensees were first required in the 1970s. The number of hours required has never changed since the start, but many special topic courses are required each year. There are many possible questions about what you complete. In their Winter Bulletin, the DRE answered many of the confusing aspects. […]

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TACTICS OF A PROFESSIONAL DEADBEAT TENANT 

I posted stories about a couple Property Management Memories in the last two weeks. Now, I just thought of some more.   The term Professional Deadbeat tenant was in one article. Yes, there are many of these people in your area, and when some move away, others rise up to replace them.  #1 They will try to […]

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A BRIEF POST ABOUT SERVING AN UNLAWFUL DETAINER ACTION

Last week, I wrote a short post about serving an unlawful detainer to a professional tenant. I forgot to mention that the rules of service of this summons and complaint are different from the rules of serving the famous Three Notice to Pay Rent or Quit. #1 The Landlord (Housing Provider on CAR Forms) or anyone with […]

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TENANTS WHO I HAVE KNOWN 

Many years ago, I owned some properties in Milwaukee, WI. One of the tenants in a three unit building became seriously delinquent and defiant. We were arguing over many things, including her claim that the heating was insufficient. She complained to the local agencies, all the while bragging about not paying any rent. It was known by […]

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Why the Initials ARM Are Important to You

Another outstanding article by Jonathan Lansner, an award-winning business columnist for the informative Southern California News Group. I read him in the Orange County Register. You can also read Jonathan in the LA Daily News (known to Boomers as the Green Sheet), Press-Enterprise, The Sun, Daily Breeze, San Gabriel Valley Tribune, Press- Telegram, Pasadena Star-News, […]

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