Jennifer Smith
New Lease ..California
28 June 2024 | 4 replies
Start with the California Association of Realtors Residential Lease Agreement.
John Giggy
Can you get a loan on a property with a CLTA policy?
28 June 2024 | 7 replies
Here's some clarification and advice regarding your client's concerns about purchasing a property with a CLTA (California Land Title Association) policy:Understanding CLTA PolicyCLTA Policy: A CLTA policy is a type of title insurance policy commonly used in California.
Brandon White
Family Inherited a House, completely new and I really need a someone suggestion here.
3 July 2024 | 14 replies
@Brandon WhiteYes - if you go to the county clerk's website, you can usually see the 'dockets' - which is all the filings associated with whatever activity was being transacted.
Joseph Chacko vellukunnel
financing a small mobilehome park with 100% POH
29 June 2024 | 9 replies
Two major factors: the fact that it's so small and the associated loan amount.
Julie Smith
Split RHAWA account membership
27 June 2024 | 3 replies
@Julie Smith you might look at Washington Landlord Association.
Sokun So
STR Co-Hosting / Property Manager OTA Setup
27 June 2024 | 1 reply
However, there are pros and cons to this approach:Pros:Streamlined Operations: Property managers can integrate their systems more efficiently, leading to potentially better management and guest experiences.Experience and Optimization: They might have established profiles with good ratings and reviews, which can help attract more bookings.Cons:Loss of Control: If you stop working with the property manager, you could lose access to the listing and the reviews associated with it.Dependency: Your business becomes more reliant on the property manager, which could be problematic if the relationship sours or if their service quality declines.As an experienced STR manager, you're already familiar with many aspects of managing rentals.
Ryan G.
Land Development - GC Selection Advice
27 June 2024 | 2 replies
My experience with ground-up commercial real estate either had the utility company, the GC, or the associated contractor doing the work which was often less extensive (with the exception of stormwater).Who runs electric?
Nick Brubaker
Anyone verify that the BP rental forms are legit in Georgia?
27 June 2024 | 8 replies
There's a standard form provided by the GA Realtors association.
Erich Henson
Creating a private property management company with partner(s)
27 June 2024 | 4 replies
You may be better off forming a loose coop or other association where you can share resources, but limit liability for each member.EXAMPLE: let's say you get owners with 100 doors interested.
Sonja Montielh
New to investing but excited to start!
27 June 2024 | 3 replies
Hiring a Manager: Decide whether you'll manage the property yourself or hire a property management company.Tenant Screening: Develop a tenant screening process to find reliable renters who meet your criteria.Legal and Tax Considerations:Legal Structure: Consider forming an LLC or another legal entity to protect your personal assets.Tax Implications: Understand tax deductions available for rental properties, including mortgage interest, property taxes, and depreciation.Networking and Education:Real Estate Forums: Participate in forums like this one to learn from experienced investors and ask questions.Local Real Estate Groups: Join local investor meetups or associations to network with professionals in your area.Continued Learning: Attend seminars, webinars, or workshops to stay informed about real estate investing strategies and market updates.Starting with a rental property while keeping your condo as an investment is a great way to begin building wealth through real estate.