When property owners put their house on the market, they want to sell at the highest price in the shortest time period with the least inconvenience. Rather than chasing the promise of a few more dollars, many sellers will go for the sure thing. As long as offers are fairly close on price, sellers often … Read more
Many people in the real estate business have heard horror stories about home-improvement projects gone awry, made worse when the company hired was not insured and the homeowner was left to foot the bill. Here’s the type of scenario I’m talking about. Imagine Heather the Homeowner hires a contractor to complete a small home renovation. … Read more
I was at a seminar recently and the speaker, a respected economist, made me feel way better about the economy. Traditionally in America, we’ve faced an economic recession about every seven years, so by that measure, we’re overdue for a downturn. However, if you look at economic indicators, this speaker made a solid argument for … Read more
On July 1, 2019, updates to the Safe Drinking Water and Toxic Enforcement Act of 1986 (Proposition 65) went into effect, requiring landlords to adhere to new safe harbor warnings for California residential property. Safe harbor provisions are those that define actions that should prevent you from running afoul of a given law. I’ll get … Read more
In county government, the Planning and Building Department has the biggest impact on real estate. This is why I’m so pleased to introduce Brent Schultz, the new department director. Brent has spent the last 33 years working in city and county government, so you’d think he and I wouldn’t have much in common since one … Read more
Many of us can hardly imagine going a full week without electricity, but that is precisely what Pacific Gas and Electric (PG&E) is telling us to prepare for. In the wake of devastating wildfire seasons, PG&E has warned local residents that if weather conditions meet certain criteria, PG&E will shut off power to the electrical … Read more
Landlords and tenants often see things from very different perspectives. Our property management service has dealt with all sorts of disagreements. Sometimes the landlords are right. Sometimes the tenants are right. Here are a few interesting cases. What Happens to the Lease Once the Property Sells? Imagine you own an investment property, a single-family home … Read more
After 45 years as a property manager, I’ve collected quite a few stories about what can happen when you rent your property to others—and some wisdom about what to expect. If you own a rental property, or are thinking about it, here are some things to consider. Raising the Rent Let’s say you find out … Read more
Having been in the property management business for more than 45 years, I’ve seen all sorts of strange things and I’ve learned some interesting tidbits along the way. If you own a rental property, or are thinking about it, here are some things to consider. Normal Wear and Tear As a landlord, I expect normal … Read more