Breeya Johnson
Is Austin, Texas Still A Good Place To Invest?
24 December 2024 | 12 replies
Not in Austin TX, now it is Austin CA where you make your money on Appreciation but you have to hope the market rewards you.
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
.✅ Secondly, good cause has a max cap on yearly rental increases at a certain margin above CPI or 10%, whichever is less.For those of you who own stabilized, high quality housing like we do, this shouldn’t be a problem.But instead of keeping rents flat because you are a nice person or increasing just a little bit, you could get yourself in trouble when it comes to funding future major repairs and capital expenditures.As long as you are increasing to what the market will bear, you will be in good shape.Also if you are looking at purchasing blighted, dilapidated housing with the intent of raising rents and financing improvements to the property, you will have to take this into consideration and buy accordingly and on in place rents not projected rents.On the implementation side, however that pans out, you might be able to get these necessary rent increases to finance repairs but you may need to go to housing court in order to get the green light but we are just not sure at this point and remains to be seen.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
Travis Mullenix
Aloha Capital Reviews?
27 December 2024 | 27 replies
I don’t know why anyone would take that risk for little reward.
Lorenzo L.
Buying my first property (NEED ADVICE)
15 January 2025 | 39 replies
I'd personally recommend @Andrew Freed.
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
I have taken a Dave Ramsey approach to my personal finances so have a pretty low nut.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
Brett was his partner.You can't clean up your reputation by running away.Preston got to reap the rewards when the money was flowing at GEG.
Alex V.
Horizontal Construction Lending- Subdivision
24 December 2024 | 3 replies
Reward in RE prices for risk of course.As for horizontal I get mine from local community banks ..
Deirdre Lizio
Should you pick a property manager based on price or service?
17 January 2025 | 23 replies
Building our PM company has been the most rewarding experience of my career.
Xavien Rafael
How to Build Business Credit Without Impacting Your Personal Score
13 December 2024 | 2 replies
I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.