One major factor when you own or manage a mobile home park is determining what you should charge for lot rent. There are a lot of factors that go into this decision, so you must consider them carefully. The lot rent should be enough to cover that lot’s part of the...
Mobile home parks are a good investment that offer the potential for stable rental income and long-term value growth. However, running a park isn't always smooth sailing, as not all tenants abide by the established rules and regulations. In California, mobile home...
Some trustees only have to fulfill their responsibilities for a specific amount of time. They manage trust assets until they have distributed them according to the instructions of a trustor or oversee personal resources for vulnerable older adults during their golden...
As the CEO of a company that is in a slump, you know that your only option may be to lay off a percentage of the staff. Maybe the business was growing consistently, so you kept expanding the workforce. But due to a recent decline, you need to drop about five or 10% of...
The majority of businesses have shelf lives. Even a business that has been successful for many years may come to an end. Wrapping up a business is not necessarily a failure, but just a sign that it’s time to move on to your next venture. What’s important is that...
Affordable housing is in scarce supply in many urban areas – particularly in California. That’s why Governor Newsom just signed an executive order that aims to lower the startup costs for infill housing projects by cutting through the red tape. The goal of the...
If you choose the wrong business partner, you could be setting yourself up for disputes in the future. Worse than that, you may have selected a partner who will eventually cause the business to fail. The future for you and your company depends on making the right...
For many businesses, partnerships are the fuel that propels them to new heights. The integration of resources, skillsets and perspectives can be the perfect recipe for a powerhouse for innovation and success. That said, it’s crucial to acknowledge that even the most...
Running a business is by no means easy, but some principles remain straightforward. You expect to be paid for the services or goods you provide. Unfortunately, this doesn’t always happen. A client may be delayed in making a payment or may try to avoid paying...
Boundary disputes can be stressful and confusing for property owners. These conflicts often arise when neighbors disagree about the location of property lines, and this can easily escalate, damaging once-friendly relationships. Understanding your options can help you...
