Real Estate

The 10 Costliest Landlord Mistakes

Classic business philosophy teaches that a great part of survival and subsequent success lies in an operation’s ability to reduce mistakes. The cost or repairing the mistakes is inversely proportional to the amount of profit potential of the operation. In other words…”Mistakes Kill the Profit Margin!!!!!” As landlord’s, we don’t want to do damage to the precious profit margin we…

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Finance

Buy To Let The Pitfalls

Taking on a property in addition to your home can be a time consuming and complex matter. Before you become a landlord (or lady), make sure you’ve thought it through! Tenants While you may be lucky and find the perfect tenant by chance, it’s a good idea to interview potential tenants first. You can ask for references from previous landlords…

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Loans

Tenant Loans An Unbelievable Opportunity For Tenants Only

Good news for tenants! Now they can also access to loans market easily, as these days tenant loans are also available. For tenants, applying for a secured loan is not so easy. Since they do not possess any property thus they cannot use any thing as collateral against a secured loan. In such cases, tenant loan can be appropriate for…

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Real Estate

How To Ensure Tenants Look After Your Property

The most troublesome aspect of being a landlord is tenants who damage your property, from complete trashing to total destruction, and even worse. There are plenty of horror stories around about what tenants can to a rental. And, if you think finding a good tenant depends on luck, you couldn’t be more wrong, or else why don’t you work to…

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Real Estate

Before You Buy Your Apartment Complex

Purchasing an apartment complex as an investment is a fantastic way to watch an asset single handedly generate thousands, even hundreds of thousands of dollars in a very short amount of time! A popular investment strategy, especially for new investors, is to purchase a more run down, mismanaged apartment complex at high cap rates. The cap rate, or capitalization rate,…

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Weddings

It S A High Price To Live In The City

In any city where the majority of people are renters, the projected rise of a 5% increase in rent is anything but good news. Over 61% of households in Los Angeles are inhabited by renters; one of the highest rates in the country. Under the city’s Rent Stabilization Ordinance (which limits annual rent increases to about 3%, as long as…

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