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 […]
Settle or Not Settle? When you complete an eviction, you get a judgement and then a writ of execution. The judgements are normally worthless. You could paper your garage with them and get more value. However, there were times when other actions might be feasible. The evictee might be a person who would have a […]
Maintenance There was a 132 unit building in Torrance that we had syndicated. Cliff Dietrich and I were the General Partners. I was the Property Manager. One Saturday evening we received an emergency call that our garbage pumps were not working. The sewage from the 132 family units was sent to a big underground tank. […]
Volatile Tenant Another property was one of my very first purchases in Milwaukee when I saved money from working in Europe, officiating basketball games and teaching at the Air Base for the University of Maryland. This was a three-unit in an older area of this older city. A tenant was rather strange. She would yell […]
Efficient Negotiations This is a favorite form of mine. When I bought or sold apartment houses, I used it all the time. It saves a lot of time and time is money. Instead of writing up a complete binding offer, you would write up a simple form that explains the conditions under which a buyer […]
So Many Times I Give Information And Then I Do Not Follow It Myself There is something that I think Duane and DJ Gomer and other rental owners should consider. Simple basic 1031 Exchange. And real estate agents should be telling their clients some of the benefits of exchanging in this market. There are so […]
Hotels Are Looking For More Business And aggressively offering rooms to pet owners with slight or no service charge. Some even offering grooming service and cooking for pets. Landlords: Consider that according to the AVMA, a veterinary association, 36% of Americans have dogs and 30% have one cat or more. They need housing. You Say That They Will […]
So Many Times I Give Information And Then I Do Not Follow It Myself There is something that I think Duane and DJ Gomer and other rental owners should consider. Simple basic 1031 Exchange. And real estate agents should be telling their clients some of the benefits of exchanging in this market. There Are So […]
There are six people who are outstanding writers, they are students of Duane Gomer Education past and future, and I consider them all good friends. Number 6 in our series is a person from the deep, deep past. Note the photo. This is Duane Gomer circa 1964, Columnist for The Van Nuys News and Valley […]
Steve Duringer Is One Of The Top Eviction Attorneys In California A former student of mine years ago, he has become the guru in this area. His newsletters, websites, and booklets are great sources of information. I would like to quote a thought from one of his FAQ’s. “The disposition of security deposits on move […]
