Paloma Wodehouse
Strong Tenant Laws & How to Protect Yourself
14 January 2025 | 8 replies
Next, plan on inspecting your properties every 90 days; you can communicate this to the tenant as you ensuring the property is in good order and to help you plan for repairs/future improvements.
Andy S.
Landlord as Additional Insured vs Additional Interest On Renter Insurance in New Jers
3 January 2025 | 3 replies
It can strengthen your relationship with your property manager and demonstrate that you value their contributions to your business.It helps ensure compliance with lease agreements.Many lease agreements require landlords to name their property managers as additional insured parties on their insurance policies.
Jim Vasica
Painting pricing question
15 January 2025 | 6 replies
., $300 for paint and supplies) and add a fair hourly rate for labor.
Alan Mills
Sewer clean outs required?
4 January 2025 | 9 replies
Quote from @Alan Mills: Got an inspection objection back with something I’ve not seen on my other rehab’s (this is a Colorado property):“The seller agrees to have a licensed plumber install external sewer cleanouts per city code and scope the sewer line ensuring its integrity.”This was a full interior/gut rehab and almost everything is brand new.
Clifford Pereira
Real Estate Professional (REP) Status guidance
31 January 2025 | 12 replies
Proper documentation ensures you’re prepared to substantiate your claims.Federal REP or STR material participation allows you to deduct rental losses against active income, significantly reducing your tax liability.
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
We then reach out to those contractors and onboard them like any other contractor - so we ensure insurance is up to date, workers comp in place, licensed etc.
Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
Do you think that is fair - to be forced to pay for your manager's mistake?
Aaron Wolman
First Turn over
11 January 2025 | 7 replies
Quote from @Aaron Wolman: Yes, these charges are fair.
Samuel Garnatz
Greetings from St. Petersburg, FL
12 January 2025 | 8 replies
The goal is to ensure that the property remains viable even if circumstances change, like dealing with a non-paying tenant or a market downturn.
Daniel Windingstad
Lemon or no?
24 January 2025 | 8 replies
You also will still need to manage your property manager - ie, stay on top of expenses, ensuring your property is being managed effectively etc.