Sacramento Property Management

Please see our new review of a real estate seminar. I attended this month to see what it was all about.

The name of the seminar Foreclosure Direct.  How to buy foreclosed property at wholesale.  The second part of the seminar is How to invest in Tax Liens.

See my remarks regarding this seminar.    http://www.expert-landlord-resources.com/foreclosuredirect.html

by  Lambert Munz  MPM, RMP

Buyer consultant and property manager

Visit www.arbourpm.com regarding our services

and our general  store at www.expert-landlord-resources.com/resourcestore.html

featuring my book House Investor’s Manual

We hav e discontinued comments  because of irrelevant remarks and linkhookers. If you wish to contact me I welcome you to do so at propertymanager@arbourpm.com

Sign up for future blogs (about twice a week) by clicking on RSS feed or if you wish to share post with someone click on share button or if you wish to subscribe add your email where indicated and click subscribe

We are excited to announce that our company has been selected to represent two great companies.

Our new General Store has been created at our sister site

http://www.expert-landlord-resources.com  when there click on General Store.  I will be reviewing  services, products, and books, offering  my opinions. Some products and services will reviewed on our review site, but not in our general store. We want to offer this service to clients, potential investor/landlords, friends, tenants, and agents.

Our new offerings are Landlord Protection Agency offering a membership site with a ton of benefits. It also has a DeadBeat data base.

Our other offering is American Home Shield. A founding company of Home Warranty Service.   Check out these two fine companies and read my reviews

by  Lambert Munz  MPM, RMP

Buyer consultant and property manager

Visit our book store at www.expert-landlord-resources.com featuring my book House Investor’s Manual

We have discontinued open comments  because of irrelevant comments and link hookers. If you wish to contact me I welcome you to do so at propertymanager@arbourpm.com

Sign up for future blogs (once a  a week) by clicking on RSS feed or if you wish to share post with someone click on share button or if you wish to subscribe add your email where indicated and click subscribe

Here are the 10 MAGIC WORDS for advertising and at the end I will reveal a surprise – a word that is not a magic word.

1. FREE  2.  FRESH  3. NEW 4. EASY 5. MAGIC 6. GUARENTEED 7. YOU, YOUR 8. INTRODUCING 9. HOW TO 10. SECRETS

Now the word not considered as Magic. The word is price.

1  By Lambert Munz  MPM, RMP Buyer consultant and property manager Visit www.Arbourpm.com regarding our services and our stores at www. Expert-Landlord-Resources.com

2. We have discontinued comments  because of irrelevant comments and link hookers. If you wish to contact me I welcome you to do so at Lambertmunz@frontier.com

3. Sign up for future blogs (once a week) by clicking on RSS feed or if you wish to share post with someone click on share button or if you wish to subscribe add your email where indicated and click subscribe

Easy Care Gardens

Tenants are paying rent for the priviledge of living in your property. However, they are not in the business of enhancing your property’s value by landscaping and spending a great deal of time  gardening. It is unreasonable to expect them to do more than mowing the lawns, keeping the edges neat, and pulling out a few weeds. That is why it is a good idea to establish easy-care gardens in rental properties, so that the property can remain attractive externally with little effort on the part of the tenant.

Otherwise, consider including a gardener as a part of the rental agreement. That way you can make sure your property is kept the way you would like.

This tip is from my book House Investor’s Manual

www.expert-landlord-resources.com/investorsmanual.html

Lambert Munz  MPM, RMP

1. Buyer consultant and property manager

Visit www.arbourpm.com regarding our services

2. We have discontinued comments  because of irrelevant comments and

link hookers. If you wish to contact me I welcome you to do so at propertymanager@arbourpm.com

3. Sign up for future blogs (about twice a week) by clicking on RSS feed or if you wish to share post with someone click on share button or if you wish to subscribe add your email where indicated and click subscribe

It can be lucrative, but you better know what your are doing.

Actually entrepreneurs are performing a valuable service. They are putting up all cash in order to compete with others doing the same thing. Banks won’t even consider terms for REOs (Real Estate Owned by banks) Too many cash buyer for these properties. The next thing to remember is that they are buying “AS IS”. So they must estimate what needs to be done to bring it to rental condition or sale. Probably add a little for surprises.

This takes more cash.

The next thing is to rent the property to a tenant and market to investors as a package deal with a property management service included.

Perhaps, the filpper puts it on the market for reasle without a tenant. offering terms for the purchase.

Most people don’t have the expertise or capital to do it themselves or have the stomack for the risk.  This type want the advantages of real estate with a great deal of the risk removed.

The flipper is entitled to a profit for the packaged deal with terms. I might add it is not a quick rich scheme, the property may not sell because of changing conditions and a market flooded with foreclousres.

We are happy to announce that our first class was successful and we received good reviews. My wife Judy and I have been asked back by the Learning Exchange in Sacramento Ca.

We will repeat the class on May 26th, 2010. We follow the guides in my book and included will be an autographed copy of my book. The second half of the class Judy will discuss the basics of property management.

As a bonus we will give a e-book by Christian Ramsey on exit strategies for real estate.  The name Land Rich Cash Poor.   See you there

We will discuss new laws from time to time. These laws are of interest and con concern to investors, property managers, realtors, landlords

1. The first is about air conditioning. R-22  refrigerant will be phased out during 2010. What does this mean? If a service call is required because the refrigerant is low, the tech will have to remove the R-22 and replace with a new product. The good news – no retrofitting with expensive add-ons.

2. All houses built prior to 1978 had lead based paint.  Beginning April 2010 all work required inside that will require work involving six squaare feet or more will required a certified contractor trained to work with lead based paint. If the work is outside and is over 20 squire feet than a certified contractor will be required.
We have discontined comments section. If you would like to contact me Lambertmunz@frontier.com

Finally, my book is published. We gave a class last night about the book and it was well received. The name is House Investor’s Manual.

It is about investment property, specifically house rentals. We expose what each house should have and what house to avoid, plus many real estate tips based on 44 years experience.

Contact us at propertymanager@abourpm.com for more information

In these hard times tenants and owners are filing bankruptcy. According to legal counsel this is what happens when tenant files bankruptcy. In a bankruptcy the tenant is exempt from  paying rent or other creditors. A bankruptcy may run a year or more to sort out. This proved too much of a hardship on landlords. The tenant enjoying use of the rental without paying rent for over a year.

A law was passed -I don’t know when- to give landlords relief. You may petition the court for bankruptcy relief. You must hire an attorney that performs this service. It will cost $1000 more or less. In about six weeks you should be granted relief from the bankruptcy. Then you can start an eviction.

What happens when an owner files bankruptcy?  The lease is not cancelled and the tenant must continue to pay rent. Property managers can still manage the property. They may be dealing with the referee rather than the owner.

We are not accepting comments by email only.  Propertymanager@arbourpm.com