Should I Hire a Property Manager?

Should I Hire a Property Manager?

By William Bronchick  Let’s say through savvy investing, you have managed to accumulate a portfolio of properties.  It doesn’t matter if it’s a large or small portfolio. You may have even tried to self- manage them yourself.  Now as you procure more properties you may...

What to do with empty houses.

 I have a nose for these. I can spot an empty house from 100 yards away. Once I was driving around looking for uglies and a cop stops me and asks to get out and walk a line. I said, “Officer its 11 am. Do you think I am drunk?” “Lady”, he said, “you were weaving”. I...

Do you know about abatement?

I just did a great interview with John Fluker. John is a retired code enforcement official from the city of LA and Compton. He bailed me out of trouble several times. Dealing with code is like a good old boys party that you are not invited to. It was so frustrating....

Dealing with lead during renovation

If you’re renovating a home built before 1978, take precautions to deal with lead that was formerly used in paint. by Scott J. Wilson, Los Angeles TimesJuly 15, 2012 If you’re planning to renovate a home built before 1978, there are regulations concerning...

Flipping is dead

Every time you make an offer to  a bank, be prepared to close. There is no assignment regardless of what some “guru” tells you. You can do a double close but it is risky and complicated. Your deposit is at risk unless you have someone who is willing to put...