I love tools. We should all love tools. Especially tools that make our work day easier. Digital Laser Rangefinders are one such tool I cannot live without. Whether I am out with a client looking through a house or checking out a house on my own that I want to buy, I always carry one of these rangefinders with me.   You can easily verify square footage in a room or throughout the whole property. [...]

Boy the stories I hear. Many real estate investors do whatever it takes to move fast from the close of their real estate investment, through the flip process and on to listing the property and a quick close. Get in, get out and maximize profits. Sounds good, doesn’t it. If it were only that easy.   True story, I am working with a buyer who is buying a house from experienced real estate flippers. In [...]

I go to a lot of seminars put on by local commercial brokers. It surprises me how often experienced investors ask the same question at each of these seminars. “What is a triple net lease?” or at least the question is some variation on a lease definition. I went out on the web and found the following definition at Findlaw. I think it does a really good job of describing the types of leases that [...]

Many people email me and ask how to hold title to Real Estate. While I am not a lawyer and I do not advise people on issues that are legal, there are common ways to hold title. For the purpose of this discussion, we will be using the ways to hold title in California (where we are located). These are common ways to hold title and the language may very state to state. For those [...]

depreciation |diˌprē sh ēˈā sh ən| noun a reduction in the value of an asset with the passage of time, due in particular to wear and tear. • decrease in the value of a currency relative to other currencies : depreciation leads to losses for non-dollar-based investors | a currency depreciation. There are many ways to define depreciation when we talk about real estate. We will cover some of the most important forms of depreciation [...]