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16 March 2024 | 3 replies
This is an effort to prevent another disaster like the Surfside Tower collapse in 2021 that killed 100 people.
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16 March 2024 | 8 replies
@Khalid Bryan another option if not affordable rental properties is if you would like to try the BRRR method I would look for properties that are not moving ready or maybe the condition prevents them for qualifying for an FHA loan or low down conventional loan, and do the necessary repairs to make it safe to live in clean and fresh.
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18 March 2024 | 24 replies
There are slumlords that do the cheapest options, and I say--look for the ones that do bandaids vs. fixing a problem, and be willing to pay more for a well maintained one as that seller knows the value of a well maintained home will prevent a lot of the problems!
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16 March 2024 | 4 replies
@Feras Saffar-there is nothing you can put in a lease that can prevent everything bad from happening-if you screen for high quality tenants that can help-yes, you will experience turnovers that exceed the cost of the security deposit.
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13 March 2024 | 16 replies
For example, it might not make sense to ball out and put a new metal roof on a Hilltop duplex when you could just put an asphalt roof on and it will do the same job for cheaper, even if you are holding for a long time.
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15 March 2024 | 21 replies
We can make rules and laws, but can’t prevent people from breaking them.
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15 March 2024 | 8 replies
This code is designed to prevent swimming pool accidents."
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14 March 2024 | 6 replies
It may prevent them from qualifying for another rental, a home loan, car loan, credit card, etc.
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16 March 2024 | 36 replies
Probably just meAnd when you do have that tenant issue, that then chews up 100hrs of your life in a matter of weeks, and your flipping out over how insane everything is happening, that is when you will say "OMG F-this, someone else can deal with this". 25% of what a property manager does is PREVENTION and PREPERATIONS for things going bad. 25% is knowing all the things, ALL THE THINGS.
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14 March 2024 | 1 reply
However, it is important to note that the IRS has strict rules and regulations in place to prevent abuse of the depreciation tax benefits.