21 February 2024 | 23 replies
In addition, the owner of the home must not own more than three single-family homes.3) They are unable to provide sufficient documentation, such as the emotional support animal letter, that verifies the ESA is necessary for their health and well-being.4) The tenant provides fraudulent documentation attesting to their need for an emotional support animal (usually a fake emotional support animal letter).5) The landlord can demonstrate that making accommodations for an ESA would impose undue financial burden or logistical burden. 6) The animal is destructive to the property or displays threatening behaviors that could put other tenants or yourself at risk.7) The size or nature of the animal makes it impossible to house safely or humanely.
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19 February 2024 | 8 replies
Also, the nature of the neighborhood can change dramatically block by block.
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19 February 2024 | 12 replies
Such disparities underscore the localized nature of real estate trends within Ohio.Cleveland's market is particularly noteworthy, with its median sale price being notably lower than the national average, making it an attractive market for buyers looking for value.
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19 February 2024 | 6 replies
Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.
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19 February 2024 | 6 replies
Both sets of tenants are great, it's nothing against them for 'being too loud'.... you're just naturally going to hear everything going on at all hours.
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19 February 2024 | 18 replies
I’d be interested to hear how y’all have everything setup as QBO doesn’t naturally allow for complete fiscal tracking of everything (like balance sheet transactions).
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20 February 2024 | 23 replies
Here are some considerations and tips to help you make the most of your turnkey investment strategy:Pros of Turnkey Properties:Ready for Rental: After refurbishment, turnkey homes are usually ready for occupancy right away, saving you the time and hassle of doing repairs and improvements.Professional Management: A lot of turnkey companies provide property management services, taking care of tenant selection, rent collecting, upkeep, and other daily tasks on your behalf.Passive Income: Investing in a turnkey property allows you to immediately begin earning rental income without having to take on major maintenance or remodeling tasks.Tips for Investing in Turnkey Properties:Take some time investigating turnkey suppliers in-depth and select reliable businesses who have a proven track record of effective property management and satisfied clients.Make sure you have done your research about the property, its surroundings, the nature of the rental market, and its potential for long-term income flow.Analyze the financials of the turnkey property.Even though turnkey homes can generate rental revenue right now, think about your long-term investing objectives and plan.
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18 February 2024 | 2 replies
Like NYC, we're resilient by nature.
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18 February 2024 | 8 replies
Potentially more security deposit given the shorter-term nature of the stay.Most states, NC for sure, don't differentiate MTR from LTR.
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18 February 2024 | 7 replies
My investment strategy revolves around viewing cash flow as a tool to build reserves for both short and long-term capital expenditures.One key aspect of wealth accumulation in real estate, as you rightly mentioned, is the gradual reduction of your principal mortgage balance by others and the accrual of forced equity and natural equity through market appreciation.I operate Elevation Appraisal in the valley and serve as an agent with Windermere Bozeman.