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26 December 2024 | 5 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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30 December 2024 | 15 replies
@Carini Rochester I agree with Greg but to be clear Good Cause does not require a landlord to provide free housing, it just forces them go through the onerous and expensive and lengthy process of actually going for non payment eviction instead of a hold over proceeding, when the landlord knows that a monetary judgement is worthless and just wants possession of their rental unit back so they can fix it back up and rent it again hopefully to a great tenant.Also the problem with all this is that from 2019 to now, landlords have gotten used to having economically or physically vacant units and have priced that risk in.
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25 December 2024 | 8 replies
Set a clear budget, research properties carefully, and keep growth potential in mind as you plan.Good luck!
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25 December 2024 | 22 replies
There are some services like Guest Ranger but we do not screen in the traditional sense.Make your house rules clear and make it clear they are enforced, then they tend to screen themselves.
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27 December 2024 | 8 replies
AirBnb's are tricky with Condos, i would steer clear.
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5 January 2025 | 24 replies
It’s important to have a clear understanding of both hard and soft costs (labor, materials, permits, etc.) to assess your budget accurately.Projected Rental Income: Research the rental market in the area.
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25 December 2024 | 3 replies
For this situation, communicate very clearly and bluntly with the tenants and try to realign expectations so they don’t do this same with you.
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26 December 2024 | 5 replies
Fees should be clearly stated in writing, easy to understand, and justifiable.
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23 December 2024 | 15 replies
Tenant may have forgotten to cut it before a vacation.
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23 December 2024 | 34 replies
.#3: Short cuts are not efficient.