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15 June 2024 | 5 replies
My thought is you want to be very active and present at that property frequently.
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15 June 2024 | 11 replies
@Errand P Braithwaite We aren't big fans of collecting advanced rents because there are legalities behind it BUT we don't consider it a big red flag at all.
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15 June 2024 | 7 replies
I'm most particularly a fan of turnkey rentals; more money to be made in rehabbing/ BRRRR
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15 June 2024 | 6 replies
I'm not a huge fan because of the costs and risks of the program, but I've used it for customers in certain situations where it made sense.
14 June 2024 | 3 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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13 June 2024 | 7 replies
Pay in more frequent installments?
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14 June 2024 | 5 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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17 June 2024 | 13 replies
I am not a fan of wholesalers, 98% of them are unethical and straight up lie at least from my experiences.
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13 June 2024 | 3 replies
Landlords worry that the security deposits allowed under the bill will not be sufficient to cover these damages.The presence of pets can lead to higher maintenance costs due to wear and tear, noise complaints, and the need for more frequent and thorough cleaning.Financial Implications: The bill prohibits landlords from charging additional rent or security deposits specifically for pets, which landlords argue is necessary to offset the increased risk and maintenance costs associated with allowing pets.Landlords may need to increase their liability insurance coverage to protect against potential issues arising from having pets on the property, which could lead to higher insurance premiums.Key Provisions of AB 2216No Blanket Pet Bans: Landlords can’t have blanket bans on common household pets without valid reasons.No Extra Charges: Landlords can’t charge extra rent or security deposits for pets.Documentation Requirement: Landlords must provide written documentation if they restrict pets for health or safety reasons.Pet Liability Insurance: The bill might require tenants with pets to have pet liability insurance.As always, I’m here to discuss how this might impact us as property managers and landlords.