Blog

Monday, July 26, 2021

Mike Explains: Listing Price

Imagine, if you will: you are thinking of selling your condo, which you love but have outgrown. But then you hear all this talk from other sources about properties “selling over list.”

You wonder, what does “list” means? And other terms you might hear like “lis... read more >>

Thursday, July 15, 2021

Mike Explains: What Is Included in the HOA Dues?

Imagine, if you will: you find that perfect place and you are ready to make an offer. Then you see the homeowner’s association dues and they seem high. You wonder, what is included in those HOA dues?

One of the most common questions people ask real estate brokers is: What is included ... read more >>

Friday, June 18, 2021

Mike Explains: Tenant HOA Violations

Imagine, if you will: you are happily receiving rent every month from the tenants leasing out your Ocean Blvd condo you used to live in. Everything seems great.

Then you receive a violation notice. Turns out your tenants threw a crazy party resulting in various noise violations and complain... read more >>

Wednesday, May 19, 2021

Mike Explains: Return of Tenant Security Deposits

Imagine, if you will. You spent the last month getting this property ready for the new tenants. Not after much work and expense, it’s ready to rent.  To your surprise, you get served to go to small claim's court. But, your old tenants trashed the property, and now want to take... read more >>

Monday, May 3, 2021

Mike Explains: Homeowner's Association

Imagine, if you will: you have a building with over a hundred units, all independently owned. How do you operate that building? Who decides when it gets painted, in what color? Who decides what temperature to have the pool? Some people might want it cold to save money. While some people, who use ... read more >>

Wednesday, April 14, 2021

Mike Explains: Lockboxes

In real estate, we have everyday situations of granting access to properties with various potential buyers, tenants (some may or may not have agents), and vendors. You need to accommodate different, conflicting times. It can often be too much to meet them all in person every time. Plus, your prop... read more >>

Wednesday, March 24, 2021

Mike Explains: Escrow

Imagine, if you will: you're offered $500,000 for a piece of property. You accepted the deal, and then, you told the buyer: "give me the $500,000, and I'll sign over the property." Then, you said: "how about this, you sign over the property, and I'll give you $500,000.&... read more >>

Tuesday, March 2, 2021

Mike Explains: Renter’s Insurance

Let's picture this: Sunday evening, end of a relaxing weekend... And, you get a phone call. Turns out, there's a fire at your rental property.

The good news is: the tenants are OK. You agreed to accommodate them in a hotel. What's not resolved is: who pays for their accommodatio... read more >>

Wednesday, January 13, 2021

Mike Explains: Long Beach Tenant Anti-Harassment Ordinance

Let me paint you a picture: you’ve got these tenants - you know, the ones that you’ve been getting the complaints on from the neighbors, the ones where the cops keep coming out to the property - those tenants. They’re no longer paying you rent and maybe because of AB-3088 or wha... read more >>

Friday, December 11, 2020

Mike Explains: AB-3088 (COVID-19 Tenant Relief Act of 2020)

There are more rules and regulations for landlords than ever before. At the Mike Dunfee Group, we manage several hundred properties and do a good job at staying compliant with the new rules and regulations. These rules are always changing and there is a big one in this age of COVID that all Calif... read more >>


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