I have been writing articles since 1963 with the Van Nuys Green Sheet. Sometimes it is education to view from the past. This email from 2023 discussed two of my very favorite topics. I would recommend you read them. Tax basis in a property becomes an important question when gifting or transferring property. I have […]
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 […]
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 […]
The following is a recent article from Forbes Advisor about median home prices across the United States. Surprising to me how expensive Washington D.C. according to the list. Also unusual is the fact that condos are more expensive than homes in West Virginia and Iowa. Kiah Treece, the author, is from the East Coast. She […]
We hope this post finds you well. As part of our commitment to keeping you informed and inspired, we are excited to share a selection of these must-read articles. Simply click on the links to start reading. Housing market predictions 2024: What homebuyers should know… https://www.businessinsider.com/personal-finance/housing-market-predictions-2024
Another Great Idea Heard From A Student Instead of charging a larger deposit (that is tough for some people to pay) tell the renter the normal rent for two people is $2,000. Since you have a dog, we will charge no pet deposit, but the rent would be $2,050 per month. In most cases most […]
Complaints One of the big responsibilities of the Consumer Financial Protection Bureau is to hear complaints from consumers. In the 21 months ending September 2021 they heard over 700,000 complaints against Equifax, Experian and TransUnion. This is 50% of all complaints received. Obviously consumers are not satisfied with the trio. In 2021 those companies reported […]
It’s The Weather When I was in high school, I remember a Rose Bowl game where Michigan beat USC badly. Then, I went to a movie in a hellacious snow storm. Remembered for many years. Every year when there is sun in Pasadena on the New Year’s day broadcast and cold east of the Rockies, […]
2022 Conforming Loan Limits The Fannie Mae and Freddie Mac Conforming Loan Limits for California have a new high of $970,800 for one-units in ten counties. The other 48 counties vary from $647,200 to $897,000 for Napa. Two-unit maximum is $1,243,050, three-unit is $1,502,475 and four-unit is $1,867,275. The highest limit for 2021 was $822,375 […]
Handwritten letter with pen Love Letters There was a recent column in the LA Times about the practice of a hopeful buyer writing a letter to the seller telling them why they should be selected from the covey of other offers. Many people are doing it. The column was on Sept 25th and written by […]
