Blog

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 deposits they've paid are $2,300/unit, and your paperwork says it's only $1500/unit.

You try to ... read more >>

Friday, November 4, 2022

Renting Out Your Home in Long Beach: Everything You Should Consider

Renting out property in and around Long Beach including Los Angeles and Orange County can be a profitable venture. Not only will the property appreciate over time, but you can also earn recurring rental income.

Don’t forget that over time any mortgage you may have will get paid down and there are multiple tax advantages you may be able to enjoy as a landlord.

Renting out a pro... read more >>

Tuesday, October 25, 2022

Mike Explains: Why the Fico® Score Is Important for Buyers, Landlords and Tenants

Imagine, if you will.

The banking industry, trillions of dollars strong, hired smart people to create a secret formula using all the data legally available to quickly and accurately predict the likelihood that a person would repay a consumer debt. How impactful would that tool be?

Well, it is out there. It is the FICO® Score.

A FICO® Score is a three-digit number predi... read more >>

Tuesday, October 11, 2022

California Fair Housing Act: an Overview

Property owners face real risks to Fair Housing claims in the State of California. Landlords are accused every day. Most who are accused would never consider themselves racist or even unfair, but their actions could be ruled discriminatory in a court of law. That is why if you are a California landlord you need to understand California Fair Housing Laws.

This overview is from the perspect... read more >>

Thursday, October 6, 2022

Pine Beautification Posse - Community Matters

On Long Beach’s Pine Avenue, a group of locals is up to something different. They are not waiting for someone or something to solve their problems.  

This gang of proactive citizens is the Pine Beautification Posse. They are taking some matters into their own hands. You can find them on the streets every Sunday morning.

Their leader, Carole Sergy, tells u... 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 options.

You call your Property Manager, and they tell you that the $95 hourly rate is a preferred one for... read more >>

Monday, August 29, 2022

Reasons to Invest in Long Beach Real Estate

Are you looking to invest in Long Beach, California?

The real estate market in Long Beach, CA presents an amazing opportunity for rental property investors and primary homebuyers alike. Rental property is a desirable investment for both cash flow and as a hedge against inflation. If your “... 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 place for $2,000,000?”

“Well, if we sell for $1,000,000 and pay off the loan of $200,000, for... read more >>

Thursday, August 11, 2022

Best Areas to Invest in Long Beach

Best Areas to Invest in Long Beach

It makes sense to be investing in Long Beach real estate. The coastal city of Long Beach is Los Angeles County’s most southern beach city and directly borders Orange County.  It seems like a great place to invest but where do you start? 

Long Beach seems more like a small county than a city.  It ... read more >>

Thursday, July 28, 2022

Mike Explains: Buying and Selling As-Is

Disclaimer: the contents of this blog post do not substitute professional legal advice.

Imagine, if you will: you have been looking for a (potentially) forever home. It’s on the Hill in Seal Beach, and it feels like they never come up for sale. With the advice of your real estate agent, you write a solid purchase offer. Then, you get a counteroffer that reads: “proper... read more >>


Showing 1- 10 of 174