Clarase Mika
Why Americans Should Be Investing in German Real Estate: An In-Depth White Paper
24 January 2025 | 0 replies
Hiring a local real estate attorney or working with a knowledgeable agent is recommended to ensure compliance and protect your investment.3.
Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
Yup, I think if hired someone to do a job, that they have an obligation to do that job to fullest.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
31 January 2025 | 11 replies
@Eli JermanYes, you should hire a tax professional.
Daniel Vo
Daniel New Member Introduction
24 January 2025 | 16 replies
Even if you are remote and hire a PM you still have to manage the manager.
Audrey Sommer
Texas Laws on Out of State Investors
27 January 2025 | 11 replies
Probably not a good person to hire, maybe let your bosses know.
Aaron Robertson
How AB 2622 Is Transforming Property Management in California
9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.
Don Konipol
The Most DANGEROUS Real Estate Investments for the “Amateur” Investor
31 January 2025 | 52 replies
They scurry around to find funds to hire an attorney.
Zach Howard
LLC - many questions, please help!
12 January 2025 | 2 replies
.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
Joe L.
NJ Real Estate Licence
9 January 2025 | 6 replies
I would suggest giving it up and just hire an agent when you are ready to transact in the future.