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2 May 2024 | 2 replies
Green buildings not only have lower operating costs but also offer health benefits for occupants.Renewable Energy Sources: Incorporating solar panels, wind turbines, and other renewable energy sources can significantly reduce energy costs and appeal to environmentally conscious consumers.Smart Home Technologies: From smart thermostats to energy-efficient lighting, smart home technologies help reduce a property's carbon footprint while providing convenience to occupants.Investing in the FutureInvesting in technology and sustainability is not just about being environmentally responsible; it's also a smart financial strategy.
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2 May 2024 | 4 replies
Also study up on lease renewal restrictions and eviction costs in CA and LA or wherever you are buying.
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2 May 2024 | 7 replies
@Chris Good logically, it depends on the Class of the property/tenant.Class A property/tenant: annually BEFORE lease renewal, to make sure they are taking care of the property and you want to renew.Class B property/tenant: at least annually, maybe bi-annually depending on "vibe" from tenant.Class C property/tenant: at least bi-annually, maybe quarterly.
1 May 2024 | 1 reply
Thank you for your help… Clarification: Current LA City STR Ordinance does not allow RSO units to be used as short term rental thus does not renew your host registration for airbnb or other STR platforms.
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2 May 2024 | 9 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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1 May 2024 | 9 replies
But I plan on adding a 40/60 split on the next lease renewal between the two units.
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1 May 2024 | 14 replies
And I also realized that I wouldn't make a claim unless I had a major loss anyways, as it'd likely make my premium skyrocket (and would perhaps make the provider not want to renew at the end of the year).
1 May 2024 | 3 replies
In Ohio, once the tenant was non-renewed, you'd serve a 3 day notice to quit and then file an eviction with the court if they were still on the premises.
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3 May 2024 | 32 replies
@Travis Timmons Yes, I actually was up for renewal and just let it expire for the same reason.
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30 April 2024 | 4 replies
Its going to be managed by a property manager and thus a passive investment which is allowed per h1b rules.However, I am being needed to procure state and county hotel tax certificates which almost seems like I am launching a hotel business in the records of state.I am starting to wonder if this can cause issues down the lane when renewing my visa or applying for green card.If anyone else has a similar experience or own STRs on h1b, urgently want to discuss this with you.