Aaron Robertson
How AB 2622 Is Transforming Property Management in California
9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.
Rick Albert
Buying Small Homes on Small Lots as LTR - Thoughts?
9 January 2025 | 3 replies
Tenants may not care as much, therefore there may not be a big discount for the lack of space.
Vivien Martin
New member from the Chicago area!
18 January 2025 | 17 replies
Just focus on running the numbers carefully to ensure the property cash flows or at least covers expenses, and don’t hesitate to lean on resources here for advice.If you’re financing, look into FHA loans, as they’re great for first-time buyers purchasing up to 4-unit properties with low down payments.
Nicholas Nocella
Looking for some direction!
17 January 2025 | 1 reply
I’ve taken care of all my debt and am pre-approved for roughly $220,000.
Clay White
Storage Unit Overhead Doors
7 January 2025 | 2 replies
It's a fairly unregulated space (charging grandma $750 to puts around for 3 hours, after moving the old box from the horizontal sensor, which was the only problem with the garage door to begin with), so some combination of carefully reading reviews (you have to actually read them to make sure it's not 200 fake reviews), and maybe not giving them the full contract all at once, is in order.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
I DO NOT care whether he drives a Toyota himself.
Richard L Buchanan
Real Estate Investing
13 January 2025 | 9 replies
However, with careful planning and a proactive approach, you can navigate these hurdles successfully.
Salome D.
Multifamily Passive Investing
24 December 2024 | 23 replies
But ultimately, any cost to the syndicator is ultimately a cost to the deal, which means that at the end of the day it costs the investor.Investors that can find quality sponsors, and do proper due diligence on them, can save an entire layer of cost by investing directly with those carefully selected sponsors versus investing through crowdfunding portals.Good luck!
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
But be careful with day trading.
Nilusha Jayasinghe
Property reserves and personal efund locations
16 January 2025 | 12 replies
I know you said you don’t expect anything major on the properties soon, but I would take a careful look at what is most likely to need to be replaced soon and figure out how you would pay for that if it needed to be done tomorrow.