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12 May 2021 | 4 replies
I usually do recommend month to month over one year leases, especially these days with the eviction moratorium, proposed legislation making evictions more difficult, etc.In many cases it’s easier to get someone out if the lease has been terminated and they refuse to leave, than if the lease is still in effect and they just haven’t paid or (even worse) if you’re trying to get them out for a reason other than nonpayment (e.g., disturbing other tenants).As far as a specific lease, I haven’t used the Bigger Pockets RI lease, but my usual recommendation is that people either get their lease from, or get the lease they plan to use approved by, the attorney they’d use for any evictions.After all, if you end up in court then the attorney is going to have to show the lease to the judge so you want to know ahead of time that it has the right clauses (e.g., awarding attorney fees to the prevailing party) and that it doesn’t have anything that will cause any problems (e.g., an excessive security deposit that exceeds the maximum allowed by law).As far as any “gotchas”, that eviction attorney is the one to ask because any attorney that has done evictions more than a handful of times has definitely seen their share of “gotchas” come out in court.
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7 June 2021 | 0 replies
Just weeks earlier, Stern had advanced critical legislation that might meaningfully reduce this ever-present anxiety for the 11 million people who live in the state’s wildland-urban interface (“WUI”).
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14 June 2021 | 9 replies
If you're even considering the possibility of an out of state deal, get familiar with things like out of state non owner occupied tax rates (for things like a duplex), commercial tax rates if that will apply to you, landlord friendly legislation, rent control caps if they apply etc. 5.
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13 June 2021 | 21 replies
Until then, get familiar with legislation and get ready to evict based off whatever fits.
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14 June 2021 | 0 replies
The long-awaited legislation would return the property to the Bruce family after nearly a century.
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15 June 2021 | 1 reply
Do you anticipate any major legislative changes in some, given political landscape changes?
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19 June 2021 | 52 replies
Although the cosmetic finishes look quite good, there are some fundamentals which could pose future problems -1) No arc flash breakers (AFCI) at the electrical panel - house was built in 1996 prior to the new legislation kicking in, but this is not up to code.
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17 June 2021 | 5 replies
Was there any federal legislation passed?
22 June 2021 | 4 replies
Real estate is something I’ve always wanted to invest in but the prices in the UK along with the type of bank loans, and govt legislation have been making it more and more difficult.
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23 June 2021 | 1 reply
While I have zero experience in STR "innerhalb von Deustschland" I am curious as to why these specific areas- and while I don't know SFR legislation per region, with STR in mind I might only suggest to look into Berlin as a more lucrative area- thinking along the lines of tourists specifically.