Alan Asriants
Focus on the potential of the property NOT how it is performing today!
4 November 2024 | 1 reply
They are normal to think about, but these kind of questions are going to give you limited beliefs and prevent you from moving forward on a potentially great property.
George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
Let's say someone was bungee jumping off a balcony railing and the railing broke and they fell, injuring themselves.They could sue the property (ownership LLC) because the railing was "not secure".They could sue the manager (management LLC) for not ensuring the railing was secure.They probably will sue both and let the court sort it out.I don't see how 1% ownership of one LLC to another prevents any of the above from happening.
Jared Smith
Fleas for Rental Property in Cleveland, Ohio
5 November 2024 | 6 replies
If your lease doesn't explicitly address pest control responsibilities, it’s worth reviewing and considering adding a pest clause in the future to prevent disputes by adding every single pest.
Orlando Glez-Jorge
Loan on uninsured investment property
4 November 2024 | 10 replies
The better question is to figure out how to get insurance and resolving the reason that is preventing it.
H. Jack Miller
Are you experiencing highers Evictions and Lower Rents?
5 November 2024 | 17 replies
IMHO; UD actions are preventable actions caused by tenants failure to vacate the premises.
Chris Lo
Ev charger on a SFH rental unit
4 November 2024 | 9 replies
I don't think you can raise the rent by installing it because most guests aren't going to be using it anyways and it will prevent guests from booking potentially because your price is higher than others.II say all this as someone who drives an electric vehicle.
Dan Ashley
Brooklyn, NY – am I crazy to start here?
9 November 2024 | 23 replies
@Bryan Balducki a short term rental isn't a bad idea, tho I believe there's many laws in my area that prevent me from listing anything for less than 30 days unless I'm in the unit & available.
Eric Fernwood
Will the Election Result Impact the Housing Market?
5 November 2024 | 6 replies
Here's a summary of the reasons: With inflation now in the 2% range, the Fed needs to lower interest rates from their current "restrictive level" (Powell's words) to prevent a recession.
David Cheng
What do you qualify as a proof of funds?
4 November 2024 | 34 replies
I regularly call sellers on behalf of my buyer clients that I have preapproved and walk the seller through the rigor of my preapproval process to prevent this exact situation.
Glen Fernandes
Thermostate to lock temperature ranges
1 November 2024 | 3 replies
(to prevent excess costs) We don’t have access to WiFi in those units.