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14 November 2024 | 7 replies
We also assist with tenant placement for insurance claims that we cannot fill in our own properties as well as beginning to cohost for some MTRs as well.
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15 November 2024 | 14 replies
Also, I call BS on virtually anyone claiming $100k gross in the Poconos unless it's some oddball 7br place on a great lake.
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15 November 2024 | 13 replies
Umbrella Insurance: Adds protection for high-cost liability claims but doesn’t fully separate assets as LLCs do.RecommendationConsider one LLC per city for balanced liability protection and simpler management, paired with umbrella insurance for added coverage.
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15 November 2024 | 2 replies
Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises...
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19 November 2024 | 6 replies
Folks will generally have a fantastic rental strategy but they don't fit the lense of regular guidelines.
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11 November 2024 | 12 replies
Quote from @Katie Nolan: Here's the Oregon Landlord - Tenant Law: https://www.oregonlegislature.gov/bills_laws/ors/ors090.htmlHere's a handbook that may be easier to understand: https://oregonlawhelp.org/resources/landlord-tenant-law-oreg...If you're going to be successful, particularly in a heavily regulated state, then I recommend you study the law regularly.
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13 November 2024 | 4 replies
You can also take them to small claims court but you cannot get water from a stone.
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15 November 2024 | 7 replies
Long term investors will eventually have a large loss claim so appreciate you sharing if you can.
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20 November 2024 | 23 replies
Alternatively, you could skip the cameras and post signs everywhere (and in your marketing) and just claim you have cameras.
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13 November 2024 | 22 replies
@Rochelle GerberHere are some of the downsides of putting real estate into an IRA or 401k.No tax deductions: You can’t claim deductions for property taxes, mortgage interest, depreciation, repairs, improvements and other property-related expenses.Property expenses: All expenses, repairs, and maintenance costs must be paid with IRA or 401k funds, and you must pay others to do repairs and manage the property.