It may be uncommon to have a multifamily property falling into your lap, certainly not as high of a probability as a single family rental doing so, but there’s always a chance. This is possible for a number of reasons, but it happens commonly in cases of inheritance. The frequent result is an accidental landlord. If you find yourself in such a situation, the subsequent steps will help you get where you want to be, both mentally and physically, to manage such a challenge. Never settle for the mundane. It does not matter if the most intelligent person you know willed this property down to … [Read more...]
Archives for January 2015
Palo Alto office rents zoom up in Q4
After stabilizing for much of the year, Palo Alto office rents are closing out the year on an up note, according to a new infographic from JLL. The city, considered one of Silicon Valley's most desirable office markets, has seen rents overall climb 49 percent since the start of 2010, JLL says. The number for less-swanky Class B product? That's zoomed even more, up 114.4 percent, JLL says. Read the full story in the Silicon Valley Business journal here. … [Read more...]