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3 April 2024 | 0 replies
Their expertise can help you make informed decisions.Insurance: Obtain appropriate insurance coverage for your properties to protect against risks such as property damage, liability, and loss of rental income.Legal Protection: Understand local laws and regulations governing real estate investments.
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3 April 2024 | 29 replies
What laws or regulations were the most hurtful to you?
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4 April 2024 | 42 replies
Standard of Practice 1-2The duties imposed by the Code of Ethics encompass all real estate-related activities and transactions whether conducted in person, electronically, or through any other means.The duties the Code of Ethics imposes are applicable whether REALTORS® are acting as agents or in legally recognized non-agency capacities except that any duty imposed exclusively on agents by law or regulation shall not be imposed by this Code of Ethics on REALTORS® acting in non-agency capacities.As used in this Code of Ethics, “client” means the person(s) or entity(ies) with whom a REALTOR® or a REALTOR®’s firm has an agency or legally recognized non-agency relationship; “customer” means a party to a real estate transaction who receives information, services, or benefits but has no contractual relationship with the REALTOR® or the REALTOR®’s firm; “prospect” means a purchaser, seller, tenant, or landlord who is not subject to a representation relationship with the REALTOR® or REALTOR®’s firm; “agent” means a real estate licensee (including brokers and sales associates) acting in an agency relationship as defined by state law or regulation; and “broker” means a real estate licensee (including brokers and sales associates) acting as an agent or in a legally recognized non-agency capacity.
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2 April 2024 | 2 replies
The property will perform as a medium term rental if short term regulations expand to the area.
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3 April 2024 | 17 replies
Control risks by getting insurance, inspecting the property, and being aware of the local regulations pertaining to landlord-tenant.7.
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2 April 2024 | 6 replies
Lender options vary by state due to state regulations- these type of programs are available in many states.
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1 April 2024 | 11 replies
I didn’t smoke or vape when I rented from my landlord who has a no smoking policy for his units and property.
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1 April 2024 | 4 replies
Long-time podcast listener, first time to post here. I came across this article about the recent Salt Lake City Council budget amendment that includes money for the city to monitor STRs via some type of software. As a...
2 April 2024 | 6 replies
When considering the purchase of a property with existing fire damage, there are several important factors and protocols to keep in mind:Assessing the Damage: Conduct a thorough assessment of the fire damage, ideally with the help of professionals, to understand the extent and impact on the structure and systems of the propertyRepair Protocols: Follow local building codes and regulations for fire damage repair.
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2 April 2024 | 16 replies
The area is booming, it's internationalized, much cheaper than Florida, higher yields, lower interest rates, less short-term regulations.