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.
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
I've gotten good results from Ninja Skip Tracing and Skip Matrix for my cold calling operation.
Marcus Auerbach
Why getting into real estate primarily for cash flow is wrong - and even dangerous
8 February 2025 | 104 replies
As Charlie Monger once said: our operating assumption is that the USD is going towards zero.
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
22 January 2025 | 12 replies
From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.
Makani Donaldson
STR in Hawaii
8 January 2025 | 10 replies
So at the moment, if you buy a property now and operate it as a 30 day rental, owners are not having any problems with the gov't.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
I only operate 1 house I bought this year, but I'm eager to stand out in the competition.
Don Konipol
How to Avoid LARGE Loses in Passive Investing
15 January 2025 | 24 replies
@Brian Burke Your more of an honest man, than a salesman.It’s great that (IMO) the most trusted Syndicator/Operator on here is saying to diversify across other assets.Brian you are in it for the long game and that is why people trust you.
Anthony Maffei
How to Best Leverage $500k in Equity for Additional Income
19 January 2025 | 11 replies
Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.
Nina Erlandson
Has anyone used Obie Insurance?
8 February 2025 | 57 replies
Or is it a situation that the company insuring the property has not obtained appropriate licenses to operate in Ohio, therefore I won’t be covered in case of a disaster?
Thomas Youngman
Property Investment in Portugal
19 January 2025 | 269 replies
•Low time requirement for operations – the rental operations can be automated to a large extent maintaining a high hourly return and helping ensure quality control.Financing We have found a mortgage broker who seems to be doing a good job so far.