Real Estate

Developing the Mindset of a Millionaire

The first book I picked up on my path to developing the millionaire mindset was Robert Kiyosaki’s Rich Dad Poor Dad. The book opened my mind and changed my idea and mindset towards money and success. The first rule of money in the book was “Rich people don’t work for money.” That rule piqued my […]

Real Estate

Los Angeles needs the monorail

Los Angeles County voters approved Measure M last November, overwhelmingly with 71 percent voter support, providing $120 billion for local transportation needs over the next generation. Planning, efforts, and developments are underway in Los Angeles to expand bike lanes and rail service, which is great, but much more is required by our city and citizens […]

Real Estate

Rental Property Depreciation Report

Every property has some value. The value of the property or asset really defines how useful the property is and whether or not it can be invested. It is important to keep the value of the property known and up to date. The valuation process of a property or asset is carried out by experts […]

Real Estate

FASB Proposed Lease Accounting Changes: Impacts on Commercial Real Estate

Introduction: The Financial Accounting Standards Board (FASB) on August 17, 2010 published its “exposure draft” that requires companies to record almost all leases on their balance sheets as a “right-of-use” asset and a “payment of corresponding future lease – liability”. . What does this mean for your business in simple terms? This proposal essentially eliminates […]