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22 January 2025 | 12 replies
A good property manager can help with tenant screening, enforce lease terms, and handle evictions more efficiently if it comes to that.Require a Larger Security Deposit: Within the bounds of local regulations, a larger deposit can provide a cushion in case of damage or unpaid rent.Consider Rent Guarantee Insurance: Some companies offer insurance products that can cover lost rent in case of tenant default.
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12 January 2025 | 7 replies
If you control how they perform tasks, set their hours, or provide tools, they should likely be a W-2 employee, requiring you to withhold taxes and comply with payroll regulations.
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14 January 2025 | 4 replies
SignaturesThis Agreement is binding upon the parties and their successors.Contractor Signature:[Printed Name] [Date]Subcontractor Signature:[Printed Name] [Date]AttachmentsScope of Work document.Project drawings/plans.Proof of insurance and licenses.Payment schedule.Note: This template is for informational purposes only and should be reviewed by a legal professional to ensure compliance with local laws and regulations.
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10 February 2025 | 62 replies
This is related to lending laws/regulations created by the Dodd-Frank Act in 2010.
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17 January 2025 | 19 replies
The primary risks at this point would be 1) to your lender, the risk of a margin call. 2) To you; underestimating the true cost of a project and cost overruns 3) To you; legal risk of securities regulations if you partner looses money.
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7 January 2025 | 1 reply
That could mean fewer lending regulations overall, which would be amazing.
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14 January 2025 | 9 replies
However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.
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23 January 2025 | 165 replies
There waiving regulations that would have impeded it, and are trying to get additional funding to cover anyone who had any lack of coverage.
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5 January 2025 | 10 replies
I don't see them ever reversing the regulations.
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7 January 2025 | 16 replies
Those forms are generally well reviewed by local attorneys in regards to the local jurisdiction regulations.