13 November 2024 | 8 replies
Significant changes to lease terms that impact tenantAlso, the tenant would not qualify for relocation assistance if they live outside of Portland City limits, live with their landlord, or have a week-to-week tenancy.The tenant has a "Right to quiet enjoyment" No entry is allowed for maintenance or repairs without proper 24-hour notice.
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13 November 2024 | 66 replies
In my limited experience, they seem to lower it by $10K at a time.
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12 November 2024 | 171 replies
DST's have lots of limitations.
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11 November 2024 | 5 replies
While you can't create limitations against their lease and legal rights they have for quiet enjoyment, things like keeping common areas free of clutter or routine maintenance items that are tenant responsibility can often be added to help keep the expectations on both parties clear.
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13 November 2024 | 9 replies
It sounds like a duplex or smaller multi so getting detailed information for this size of property may be very limited.
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11 November 2024 | 8 replies
.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!
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12 November 2024 | 4 replies
But I think your really limited to areas it will work in frankly.
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12 November 2024 | 15 replies
The trifecta is making the owner and property manager happy, compensating for the extra risk, issues, and potential repairs, and encouraging the resident to limit the number of pets and be sure they are not damaging the property.
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9 November 2024 | 21 replies
Often times moving too fast with a limited margin for error can be a breeding ground for bad days ahead.
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7 November 2024 | 15 replies
If your new to REI we encourage investors to study the strategy.