Archive for April, 2008

Are You Pet Friendly


Creative Commons License credit: Here in Van Nuys

Pets are playing a more important role in the lives of individuals and opening your property to pets can increase your tenant base. But of course, you don’t want to suffer property damage or possibly have some an individual harmed by a rogue pet. The best way to get the benefits and limit your risks is by creating a pet agreement. (more…)

Popularity: 3% [?]

Get it Right, But Don’t Discriminate


Creative Commons License credit: geishaboy500

Getting the right tenants is the most important thing a landlord can do but this doesn’t mean you can discriminate against a group because you personally feel they wouldn’t be the best renters. In fact, there are a whole slew of federal and state laws that protect people from discrimination when it comes to housing and it would be very useful for you to peruse these laws routinely and follow the tips below. (more…)

Popularity: 3% [?]

Is Lead Weighing you Down


Creative Commons License credit: tom.arthur

If you have an older apartment or rental unit, built before 1978, then you may have a lead problem. Because lead is known to cause lead poisoning which can lead to numerous health problems, landlords are required to disclose any lead issues your unit may have to prospective renters. In fact it’s not just a good idea, it’s the law, known as Title X. (more…)

Popularity: 3% [?]

Should You Hire a Property Manager?


Creative Commons License credit: magnetbox

You’ve purchased an investment property. You’ve gone through all of the rigmarole of securing the mortgage loan and closing on the property. You’ve fixed up what you needed to and you’re ready to rent the place out. But there’s something that you need to ask yourself first. Are you going to manage the property yourself or do you want to hire a property manager to do it for you? (more…)

Popularity: 4% [?]

FBI Cracks Down on Mortgage Fraud


Creative Commons License credit: Amy March

If you’re in the business of buying real estate then you probably pay close attention to the mortgage fraud cases that happen around the country. You want to make sure that the loans you get are legitimate loans that won’t turn nasty on you in a few years. It turns out that you’re not the only one who is paying attention to this issue; the FBI has reported that they’re seriously stepping up their efforts to stop mortgage fraud in its tracks. (more…)

Popularity: 5% [?]

Entering your Rental Property


Creative Commons License credit: lucianvenutian

It’s your property, right? So you should be able to enter whenever you want. Wrong! If you’re renting property to someone else you give up the right to use that property whenever you want for whatever purposes you want and in return, you get a little (or a lot) of extra income. But your tenants also gain some rights when they rent your property, one is the assumption that you will not enter their living quarters without permission or proper notice, unless, of course, there is an emergency. (more…)

Popularity: 3% [?]

Vegas Casino Employees Denied Real Estate


Creative Commons License credit: salendron

The people who work in the casinos in Las Vegas were beginning to think that they could finally invest in real estate property. After all, housing prices in Vegas have dropped considerably but the tourist flow continues to bring money to the employees who work in the city. However, the dream of home ownership for those Vegas Strip employees was dealt a crushing blow as the result of a recent decision by the State Assembly. (more…)

Popularity: 3% [?]

Preparing for Court: Landlord/Tenant Disputes


Creative Commons License credit: akeg

Taking a tenant to court or being taken to court by a tenant can be a very stressful situation. You can alleviate that stress a little bit by taking the proper steps from the very beginning, in fact, if you’re meticulous enough, you might even be able to avoid court all together. (more…)

Popularity: 6% [?]

Selling your Rental Property


Creative Commons License credit: DryIcons

If you’re thinking about selling your home or a rental property, there are a lot of things to consider and steps to take. If you entered the property ownership arena with an eye on making a profit, then it’s wisest to leave it with a similar state of mind. (more…)

Popularity: 4% [?]

Get in on the Ground Floor of a Growing Downtown


Creative Commons License credit: Richard Jones

Downtown revitalization is a phrase that has been on the lips of many cities across the nation. What this term refers to is the investment of government funds into rebuilding the downtown neighborhoods of their cities in order to attract business, residents and tourism. Riverwalks, urban parks, luxury loft-style apartment buildings and reinvigorated arts districts are all symbolic of downtown revitalization. (more…)

Popularity: 3% [?]