Property managers have a lot of rules they must live by. Some tough and some easy. One of the tough ones is handling clients money properly. A trust account is used to protect clients money from that of the property management business. If funds are in a trust account, they are protected from
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01/25/2010
Did you know that a property manager that handles money for their clients must deposit all clients funds, including rent and any other client money, into a trust account? A trust account is opened at a bank and simply carries the name "Trust Account" as part of the name of the account. For exa
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01/24/2010
James is one of our property managers at HomePointe and he knows his stuff.The topic of rental pricing is discussed continuously--in every imaginable way. New and existing clients have an agenda as well as as the real estate professionals who sell and lease their client's property. The goal for
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01/23/2010
I am coaching an 8th grade boys basketball team for a local school here in Sacramento. I played basketball in college and have coached grammer, junior high, and high school teams over the years. I know a lot about the sport and how to play it. Today, after our game one of the parents came up t
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01/23/2010
Sacramento Housing and Redevelopment Agency will open the Elderly Only wait list. At least one person in the household must be 62 years of age or older. All of the rental units have one bedroom. Rent is based on the household income. Public Housing wait lists (Not HCV/Section 8) will also open at
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01/23/2010
I have heard that Obama is turning his attention to creating jobs now that he has been burned by his concentration on health care. I think he will be sorry if he does not make this change and quickly. If he does work on creating jobs, he may well start forcing the banks to either modify loans or
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01/22/2010
I have already established that a 3 bedroom home is the best choice with 4 bedroom homes the close second best choice. Price and location can trump these choices. The features that I look for when purchased a single family home for investment follow. Keep in mind that many features can be added
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01/22/2010
Many single family home investors want to know what area to buy in but don't ask about other features. After settling on the area they want to own, they need to focus on the features that will garner the most rent and cost the least in terms of purchase price and ongoing expenses. 2 bedroom home
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01/21/2010
Our owner clients and vendors will be receiving their 1099's this month as required by the IRS. If any client has a question they should direct it to Kathy Garcia at kgarcia@HomePointe.com or call her at 916-429-1205 x 113. We report the information to the IRS in late February.
01/20/2010
Our owner clients and vendors will be receiving their 1099's this month as required by the IRS. If any client has a question they should direct it to Kathy Garcia at kgarcia@HomePointe.com or call her at 916-429-1205 x 113. We report the information to the IRS in late February.
01/20/2010
