Blog

Thursday, August 29, 2024

Mike Explains: What Is a Reserve Study
Imagine if you will, you are on the Board of Directors for a Homeowners Association and you need to figure out how much to collect each month in dues. You know you need to bring in enough to cover monthly and yearly expenses like the gardener, trash collection, and insurance. Tha... read more >>

Thursday, August 22, 2024

The East Village Arts District CWG – Community Matters
In this Community Matters series, we spotlight a remarkable initiative in Long Beach’s East Village Arts District. Meet Orsa Modica, a key figure behind the East Village Arts District Community Watch Group (CWG), an inspiring example of how residents are coming together to ... read more >>

Friday, July 26, 2024

Mike Explains: Who Pays for Pest Control, The Tenant or Landlord?
Imagine if you will, your messy tenant who is behind on rent just sent you a maintenance request reporting a mouse on the property. You think to yourself there have never been any other complaints about rodents or different pests. The other tenants who are current on rent aren&rs... read more >>

Monday, July 15, 2024

Commentary: The DOJ Ruling on Real Estate Commissions
We recently did a video blog in our Mike Explains series on the DOJ’s Ruling on Real Estate Commissions. Since then, I have had a little more time to think about the changes in real estate practices that are being made in this agreement and it has been bothering me. While I... read more >>

Monday, July 1, 2024

An Overview of the California Home Flipper Disclosure Law AB-968
Buying a property for the purpose of repairing, remodeling, or repositioning it to be put back on the market in a short period to be resold to make a profit is commonly referred to as flipping.It is not as easy as it may seem. Some people are good at it and others are not. People... read more >>

Monday, June 10, 2024

The DOJ Ruling on Real Estate Commissions Explained
If you have been following the real estate or financial news you are aware that the United States Department of Justice, DOJ, has brought an action against the National Association of Realtors®, NAR, regarding commissions. You may have heard that the case has been settle... read more >>

Tuesday, May 28, 2024

How to Screen a Property Management Company
Property management companies screen tenants every day. Who screens property management companies? Both tenants and landlords should check out a management company before signing on. Most tenants hand over their biggest payment each month to their property manager and count on th... read more >>

Wednesday, May 15, 2024

Thirteen Questions To Ask Before Hiring a Property Manager
Anyone who owns a property management business or is in a business development role for a management company spends a lot of time answering questions from property owners interviewing potential management companies. We get all kinds of questions and I love answering them. Some ha... read more >>

Monday, March 25, 2024

Should You Advertise a Rental Property That Is Currently Occupied?
Imagine if you will, your tenant has just given a 30-day notice. However, you count on the rent to pay the mortgage and cover other expenses. You cannot let this home sit vacant, so you check your lease agreement to make sure you have the right to show the property while the tena... read more >>

Wednesday, March 20, 2024

Vacant Rental Property Risks and How to Reduce Them
There are risks involved with having a vacant rental property. This is also true for properties for sale or otherwise vacant. Sometimes, people do bad things to a vacant property and other times bad things can just happen because the property is vacant and unattended. We talk abo... read more >>

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