Selling apartment buildings
Michael Millea Blog
by Techyscouts
6d ago
As prices on everything continue to soar, housing becomes less affordable. However, if you are a real estate broker or you just want to buy and sell properties, selling apartments is a smart move. These buildings, particularly in the South Bay area near Los Angeles, are returning profits that would Read More The post Selling apartment buildings appeared first on Michael Millea ..read more
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How current interest rates are affecting market prices for houses and apartments
Michael Millea Blog
by Techyscouts
1w ago
Is it a seller’s market, or a buyer’s market? Sometimes it is neither, particularly when interest rates on real estate loans are much higher and inflation is driving up the cost of everything. Mike Millea, a Los Angeles conservatorship and real estate broker, can show you how loan rates impact Read More The post How current interest rates are affecting market prices for houses and apartments appeared first on Michael Millea ..read more
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Difference Between Trust Sale and Probate Sale
Michael Millea Blog
by Techyscouts
1w ago
Although most of us are likely familiar with the terms trust sale and probate sale, we may be unclear about the difference. For questions such as this or any other aspect of probate or estate sales, Michael Millea is the expert you can ask. With more than two decades of Read More The post Difference Between Trust Sale and Probate Sale appeared first on Michael Millea ..read more
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What are the risks of purchasing a home that is in a trust?
Michael Millea Blog
by Techyscouts
4M ago
Typically, a home that is in a trust for which you are neither grantor nor owner to start with poses some very complicated legal issues. A Los Angeles trust real estate broker, Michael Millea, would advise you against it except under the best of circumstances. He can also help you Read More The post What are the risks of purchasing a home that is in a trust? appeared first on Michael Millea ..read more
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Tips for Selling Conservatorship Real Estate
Michael Millea Blog
by Techyscouts
4M ago
Michael Millea is a real estate broker who can help you with all of your needs. From buying to selling, we offer assistance every step of the way. You have many options when it comes to selling real estate today, including by yourself or using  real estate agents. Sellers who Read More The post Tips for Selling Conservatorship Real Estate appeared first on Michael Millea ..read more
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Things to look out for in an investment property
Michael Millea Blog
by Techyscouts
7M ago
With over 20 years of experience, Michael Millea helps with all aspects of the property purchasing process throughout Los Angeles. Purchasing investment properties is a great way to earn considerable and reliable monthly income. But first, you’ll need to find and buy high-quality investment Properties/Assets. The Neighborhood Sometimes, real estate Read More The post Things to look out for in an investment property appeared first on Michael Millea ..read more
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Basic Rules on 1031 Exchanges
Michael Millea Blog
by Techyscouts
7M ago
A 1031 exchange is a means of swapping one property or building for another while avoiding capital gains taxes. In Los Angeles and Torrance, 1031s are so common that most people need to consult with a West LA 1031 exchange consultant or a Torrance 1031 exchange consultant. Michael Millea is Read More The post Basic Rules on 1031 Exchanges appeared first on Michael Millea ..read more
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Pros and Cons of Listing Your Multifamily Property for Sale
Michael Millea Blog
by Techyscouts
9M ago
There are many pros and cons of listing your multifamily property for sale. Depending on the real estate trends right now, there may be more pros or cons. Michael Millea is a long time Apartment Broker in Los Angeles. His current advice is to hold onto your Apartment Building for Read More The post Pros and Cons of Listing Your Multifamily Property for Sale appeared first on Michael Millea ..read more
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Local Sales of Multi-Family Properties
Michael Millea Blog
by Techyscouts
11M ago
Multifamily transaction activity in the Greater Los Angeles apartment market has moderated since the rise in debt costs last year and year-to-date activity has been restrained. The first quarter of this year saw around 280 properties worth $1.7 billion trade, below the 640 properties and $2.3 billion the market saw Read More The post Local Sales of Multi-Family Properties appeared first on Michael Millea ..read more
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5 Myths About Buying Residential Property
Michael Millea Blog
by Techyscouts
11M ago
Most people in California feel that they know a lot about the buying and selling of real estate because it is discussed all the time. However, there are some misconceptions that are important to note. Because real estate sales are legal documents indicating the change of ownership of a property, Read More The post 5 Myths About Buying Residential Property appeared first on Michael Millea ..read more
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