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25 October 2024 | 4 replies
I definitely would want the mail to go to the correct place.If someone wanted to sue you, the fact that you ignored changing your address would be a good argument that you are not maintaining corporate formalities, potentially having the protections of your LLC ignored.Most states have annual filing requirements for the LLCs so that would be a good time to update it.
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22 October 2024 | 4 replies
If you can lower your risk by getting a set of experienced eyes on the property perhaps you can waive inspections with confidence.
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23 October 2024 | 28 replies
How do you protect your STR from bedbugs.
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25 October 2024 | 4 replies
Consider if it will truly benefit your tax position, liability protection, or asset management, or if it will just add unnecessary paperwork.If you’re in a state like California, keep in mind that you’ll have to pay $800 annually to the Franchise Tax Board, file a periodic Statement of Information (SOI), and submit a Beneficial Ownership Information (BOI) report.It’s a good idea to consult a real estate attorney to ensure you’re making the best decision for your specific needs.
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25 October 2024 | 22 replies
While the landlord defined the dwelling unit as his single-family home; the court, after analyzing the statutory definitions of the term, the determined that the dwelling unit at issue was the separate room being rented to the tenant.[2] As a result, the landlord had converted his single unit dwelling into a multi-unit dwelling that was subject to Oakland’s Rent Adjustment Program since the individual rooms were not alienable separate from the title to any other dwelling unit.Under the court’s decision, tenants in Oakland renting rooms in a single-family home or a condominium are entitled to the protections provided by Oakland’s Rent Adjustment Program.
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24 October 2024 | 1 reply
Performance Tracking- Monitoring Metrics: We keep an eye on key performance indicators to find areas for improvement and make adjustments.- Managing Cancellations: We review cancellation patterns to minimize future issues.While managing short-term rentals may seem simple to some, it can be a lot of work behind the scenes to ensure every detail is optimized.
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23 October 2024 | 7 replies
I'm looking for ways I can "protect" this private lender.
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23 October 2024 | 7 replies
In short, mix-use development requires a close eye on underwriting.
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24 October 2024 | 2 replies
Even if it's at list price, it makes the deal so much easier in the buyers eyes.
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23 October 2024 | 11 replies
Knoxville has caught my eye and specifically East Knoxville.