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15 January 2025 | 10 replies
Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.
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27 December 2024 | 2 replies
The guests have a credit card on file and your policy should allow you to charge for damages or excessive cleaning.
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16 January 2025 | 4 replies
Without predictability on insurability and risk of the primary collateral being destroyed (which at this point theoretically could happen anywhere) as it’s January, and would you believe in 2023 that 71K thousand square miles of northern Canada burned 5% of the entire Canadian forest with billions in damages?
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15 January 2025 | 24 replies
Physical investing is a long term ball game, not no quick game.
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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.
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27 January 2025 | 13 replies
In one particular circumstance we had the same tenant intentionally damage their heating system and then calling in a complaint.
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8 January 2025 | 14 replies
Umbrella Policies are good, but they are not an asset protection tool, they only cover litigation/damages after you’re already in litigation or found personally liable.
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16 January 2025 | 26 replies
If im out of state, does it make sense to join social media groups, etc. to accomplish the same thing without being physically there?
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17 January 2025 | 6 replies
Also, since you are new to finding tenants and renting, should you get someone who damages your unit, probably not a big deal since you haven't renovated it yet.
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16 January 2025 | 12 replies
You'll have tenants that don't pay, damages made, and potentially other disasterous situations occur on your properties.