James's Blog

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Real Estate Agent - Keller Williams Realty Beverly Hills
RECENT BLOG POSTS
It is a landlord's responsibility to maintain all common access areas in a multi-family dwelling.  These include such areas as yards, walkways, laundry rooms or areas, stairs, driveways and common garages.  This can include repairs and maintenance, or cleaning of these areas.  Common areas must b...
04/09/2009
A Property Manager turns your rental property into a hands-free investment.  If you are looking to hand over the daily operations of your building to a company, or if you have invested in a rental property that is not where you live, then a property management company is for you.  Below is a list...
04/08/2009
As an agent, residential or commercial, the rule of thumb is that it's always good to have listings.  The "Three L's," in Gary Keller's book "The Millionaire Real Estate Agent" refer to Leads, Listings and Leverage.  Listings are important.  They get your name out in the community, lead to more l...
04/08/2009
It's the real estate mantra we've all heard, "Location, location, location."  It's the first factor we think of when buying a home, but is it, or should it be, the first consideration when looking at investing in a rental property? Renters are much like home buyers, in that location, a general fe...
04/07/2009
As if interest rates below 5%, high inventory of homes and low prices weren't enough incentive, the California Association of Realtors just instituted a First-Time Home Buyer Mortgage Protection Plan.  With the undercurrent of fear still plagueing a lot of otherwise ready and willing first-time h...
04/07/2009
Unless otherwise stated in your local or state laws, a landlord can charge as little or as much as they want for a security deposit.  The standard security deposit is equivalent to one month's rent.  You are not required to ask for any security deposit at all, though not charging a security depos...
04/06/2009
In the litigious world we live in, a landlord should pay careful attention to what questions he or she asks a prospective tenant.  Remember to keep it to the facts, and make sure all questions pertain to a tenants ability to pay rent and adhere to the rules and regulations of the building.  Any q...
04/06/2009
Mortgage giant Freddie Mac reported on Thursday that mortgage rates fell to an all-time low of 4.78% this week.  That's a more than a full percentage point difference from rates a year ago.  If you, or your clients, have been considering when to buy, the time is now! Lenders have tightened their ...
04/03/2009
As in all things there is a right way to do something and a wrong way.  Doing things the right way can lead to positive results; finding a better way to do something leads to amazing results and finding the best way to do something leads to life changing results.   We are all born with an innate ...
04/02/2009
If you haven't already heard, the California Association of Realtors and the Los Angeles Times is sponsoring The Southern California Home Buyer's FairApril 18th and 19th at the downtown Los Angeles Convention Center.  And here is what I love most about this upcoming weekend event...the stated obj...
04/01/2009
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JamesEngel

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