Blog

Monday, June 10, 2024

The DOJ Ruling on Real Estate Commissions Explained
If you have been following the real estate or financial news you are aware that the United States Department of Justice, DOJ, has brought an action against the National Association of Realtors®, NAR, regarding commissions. You may have heard that the case has been settle... read more >>

Tuesday, January 23, 2024

Should a Landlord Meet a Prospective Tenant?
Imagine if you will, you hired a professional property management company to manage your property. Your management company has its screening process. That’s part of why you hired them. However, before you sign off on the lease, you want to do your extra due diligence a... read more >>

Wednesday, October 4, 2023

Mike Explains: Staging Your Home for Sale
Imagine, if you will, you want to sell your home. You want to get as much as you can, and you don’t want risk it sitting on the market forever. You talk with your Realtor® and they discuss the importance of pricing, professional photography and even video. You can&rsquo... read more >>

Friday, February 10, 2023

Mike Explains – What Is an Own Your Own? How It Is Different From a Condominium?
Imagine if you will, you have been looking all summer for a condominium to buy and nothing you want seems to fit into your budget.  But one night, while browsing the internet you find what looks like an absolute steal!  You call your Realtor® to set up an appointmen... read more >>

Monday, November 14, 2022

Mike Explains: Tenant Estoppel Certificate
Imagine, if you will.You're happy you just closed escrow on a beautiful triplex that already has tenants. And they're supposed to be paying $7,800/month in rent. Then, you collect the rent and you only receive $6,900 from the tenants. They're telling you the security ... read more >>

Friday, September 30, 2022

Mike Explains: Why a Handyman Costs More Than You Expect?
Imagine, if you will.You get a bill from your Property Manager and see the hourly rate for a Maintenance Technician at $95 per hour. You may think it is excessive, or that a handyman equals cheap labor. You also may start to wonder if you should do it yourself, or find cheaper op... read more >>

Friday, August 26, 2022

Mike Explains: The 1031 Exchange
Imagine, if you will.You bought a property some years back, paid $500,000 for it, and paid the loan accordingly. Now, you owe nearly $200,000 on it. Feeling confident about the real estate market, you think: “it's worth a million now, what if I sell it and buy another p... read more >>

Friday, March 25, 2022

Sell or Lease Your House | Mike Explains
Imagine, if you will. You got that great job offer in Nashville you were hoping for. However, you live in Long Beach, California. Moving out is a no-brainer, and you’re excited at the options you can afford.But, what to do with the Long Beach home you own? Should you sell i... read more >>

Wednesday, January 12, 2022

Mike Explains: Why Real Estate Commisions Are So High?
Imagine, if you will – you’re about to sell your home. You’re speaking with local agents you are familiar with, asking them about the closing costs of the sale. They list insurance, escrow fees, transfer taxes, and… commissions.They list a commission betw... read more >>

Tuesday, December 14, 2021

Should I Buy Through the Listing Agent – Mike Explains
Imagine, if you will: A house you love just came on the market. You might want to make an offer: should you go through the “listing agent” or find your buyer representative? Your sister (an attorney) tells you to go through a separate agent. Your boss (the savvy real ... read more >>

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