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14 January 2025 | 4 replies
You want to make sure they are properly installed and you don't want tenants moving large appliances in and out of the house as it will cause damage.
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6 February 2025 | 18 replies
Even if they don't realize how much money you're costing them now, someone will tell them eventually and I don't think your canned wholesaling response is going to do much to repair the damage.
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19 February 2025 | 14 replies
BUT, the might cause more issues because 550k is already on the small side for a 5+ unit building product.
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31 January 2025 | 6 replies
However, electing partnership or corporate taxation could be seen as a sale, causing unintended tax consequences.
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21 February 2025 | 30 replies
Most on the other hand are not responsible individuals, are not educated, do not work which means they are going to be spending most of their time home causing additional wear and tear.
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21 January 2025 | 3 replies
This way if there’s physical damage by residents the company pays the first $500 to fix it.
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31 January 2025 | 3 replies
I wrote a letter to the HOA yesterday explaining why the door was needed, how security would be very tight, and how the HOA itself could potentially be responsible for any ADA fines/penalties if they are found to the "barrier to access" for ADA as they control the lobby.We have a tenant lined up and obviously this is causing a major issue.
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4 February 2025 | 13 replies
Hey @Grant Woodward, you can never be too cautious when it comes to guest safety like @Lauren Kormylo said.There are dozens of things at your STR that could cause an injury or worse so making sure all the ducks are in a row and quackin' in unison is one of the most important things you can do.Like @John Underwood said, make sure you have a rock solid insurance policy that covers the pool and adjoining areas.
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10 February 2025 | 29 replies
I do not have concrete proof that all 30 investors in the group were scammed, but the private group’s name is “JBS—BS” and the link was only sent to supposed victims of the situation which is why I believe it to be true.By my count, there are 19 people (including me) in the group who have been actively messaging about negligence, mishandling of funds, fraud, and residual damages they are experiencing from Jeff.
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17 February 2025 | 6 replies
This fundamental slow in housing starts has caused household formation to outpace new homes (single and multifamily) by 2.3 million between 2012-2022 (Source).