David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
You don’t need a judgement, but not sure how effective it would be: https://www.rentrecoveryservic...
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.
Ryan Diehl
Refinancing or keep current heloc
20 January 2025 | 3 replies
Where are your scheduled gross rents and effective rents so far in the last T12 months so we can figure out offense and defensive strategies.These would be the questions we'd go through in planning your steps ahead.
Jermaine Washington
Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
Follow the step for the deposit-even if it is to send a registered letter to their last known address stating that the deposit was used for outstanding rent and whatever damages or cleaning was needed (itemize it).
Account Closed
"Additional Insured" clause in PM contract
17 January 2025 | 7 replies
I appreciate it.Aside from the option to be added as 'additional insured' they have the option to purchase a "ProtectionPlus Bundle' from Surevestor, which includes several things like protection against eviction costs, wilful damage to property, over a $1 Million third party liability protection, loss of rent protection for 25 weeks etc.This is $50/month.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
Late payments, property damage, and evictions are avoidable when you have a PM who knows how to find reliable renters.I encourage you to seek out a property management company that emphasizes tenant screening and uses modern tools for verification.
Jeremy Beland
A Hard Lesson Learned from Our 2022 "Scary House" Flip
16 January 2025 | 16 replies
The home was in rough shape—think mold, a hole in the roof, and years of water damage.
Joe S.
BOI injunction reinstated again today??
8 January 2025 | 9 replies
Point is the above comments there are many other more effective ways to meet the FINCEN stated objectives for tax evasion, money laundering and terrorism.
Abhishek Wahi
Question About Location: Plymouth Michigan
19 January 2025 | 3 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Marc Robinson
Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
Sixteen homes to inspect- roofs, hot water tanks, soft floors, siding damage, decks, porches, furnaces.