Working in real estate takes courage since the sector can be unpredictable sometimes, because some deals may end up bad and you lose money and other valuable resources. Such deals fail because we can’t individually control the real estate market and factors surrounding it. When you have a deal that is failing, consider these tips:
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Spend $10,000 instead of $100,000: Silicone Roof Coating
Here at LAPMG, one of our favorite developments in the property maintenance industry over the past ten years has been the popularization of silicone roof coating. Due to recent innovations in the actual coating products in the market today, we’ve seen property owners who previously might have needed to re-roof their entire buildings go with […]
Landlord’s Actions that Could Lead Him/Her to Court
Being a landlord demands a thorough understanding of landlord-tenant law. This helps evade tenant rows and run-ins with law enforcement. However, some landlords intentionally break the law while some are just inexperienced. Here are some of the common illegal actions you can take as a landlord that could lead to a lawsuit:
Rental Concessions: Should You Consider Them?
No landlord fancies having to fill a vacancy in their rental units. Landlords everywhere know the stress that follows filling a vacancy. This sees some consider using a rental concession. Now, when the rental market is strong, rental concessions are not often used. So when are they used?
Rent Control and How It Affects You as a Landlord
Rent control laws existed over the years, though they differ from one state to another. Additionally, different cities in the same state may have different rent control laws. As such, when buying property in a town, ensure you check up on the local rent control laws. The Purpose of Rent Control Laws
Attracting Tenants through Rental Concessions
A rental concession is when a landlord compromise on the original rent to get a tenant to move in quickly. They are a kind of a rebate offered to a tenant to get them into a rental property quickly. It could be in the form of monetary compensation, a service, physical good or a discount.
