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9 January 2025 | 11 replies
The best way to think about it is you're in the business of renting a property-that business isn't operational until it's ready and available for rent (aka in service).
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24 January 2025 | 9 replies
. - https://therentalgirl.com/tichttps://andysirkin.com/tenancy-in-common-tic/operating-and-m... - https://www.stonesalluslaw.com/tenancy-in-common-in-californ... - https://www.investopedia.com/terms/t/tenancy_in_common.asp - https://www.rocketmortgage.com/learn/tenancy-in-common - https://www.allcalifornia.com/tenancy-in-common - https://andysirkin.com/tenancy-in-common-tic/guidance-for-se... - https://www.dre.ca.gov/files/pdf/tic_guidelines.pdfby the way I received a lawyer referral who is supposedly familiar with tic in California.
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24 January 2025 | 36 replies
Using avantstay for a rental management company caused me to LOSE an average of $6711 per month as they were not able to provide enough rental income to pay the mortgages or operating expenses on the two vacation market houses.
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17 January 2025 | 10 replies
And many hotels don't have 24 hour desks or 24 hour service.I don't get why all these newer regulations expect STRs to operate to standards that aren't even required of hotels with full-time staffs.
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14 January 2025 | 8 replies
Operating your rental like a business is mandatory to protect you, your ROI, and your property.Hope this helps...
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20 January 2025 | 7 replies
This approach will allow you to focus on the financial benefits rather than the day-to-day operational tasks.Additionally, consider how this rental income will contribute to your overall financial picture.
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9 January 2025 | 8 replies
In Pittsburgh, where I live and operate, this would be a two to three-month process in front of almost all out local district magistrates.
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21 January 2025 | 35 replies
These repairs are through a contracting company owned and operated by the PM.
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24 January 2025 | 35 replies
When I contacted MFM, they told me to direct my complaints to Prime as they operate independently of them.
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9 January 2025 | 18 replies
Supplement this far simpler entity approach by ensuring you have appropriate types and levels of insurance, you operate your business in a manner in which your conduct is not considered an exclusion in your policy, you work with licensed and insured vendors, you execute contracts with indemnification clauses with these same vendors/ require additional insured status & maintain appropriate licensing and permits.