Jasmeial Jackson
Collections and Property Management Challenges
29 February 2024 | 5 replies
This law prohibits an institution from disclosing a consumer’s nonpublic personal information like Social Security numbers, income, and outstanding debt, to companies that are not legally related to the institution.https://www.ftc.gov/business-g...https://www.ftc.gov/business-g...Also, most credit agency contracts do not allow their clients to share info with 3rd parties, which an owner would be.
Steve Smith
Transfering assets to kids
1 March 2024 | 28 replies
And I can't put anything in my kids IRA, I'm a "prohibited" person.
Jonn Vidal
Newsom reduces deposits on Furnished apartments of first, last & security to just 1mo
29 February 2024 | 4 replies
In many states, the last month's rent is or at least was an addendum to "security deposit" so much so that most renters no matter the state will tend to still ask to apply their remaining amount on deposit (last month deposit, NOT security deposit portion) to their 'last month' - yet CA landlords are now well as of since July 2023 going forward, prohibited from applying ANY deposit to the unpaid last month, thus Newsom is giving all tenants who don't care about their credit a FREE LAST MONTH EVERY TIME THEY MOVE OUT if they make the case that their security deposit cannot lawfully be applied to the last month of rent in arrears?!.
Olu Oguntoyinbo
Houston short term rentals
29 February 2024 | 9 replies
At least here in Colorado, we have a few examples of cities -- Colorado Springs and Littleton, just outside of Denver -- that had active laws permitting non-owner-occupied STRs and then changed course and prohibited them, but in both cases, those cities grandfathered in existing permitted Airbnbs.
Joseph Coleman
Is The National Association of Realtors (NAR) A Cartel?
28 February 2024 | 4 replies
Would prohibiting price fixing by the NAR be a good thing or a bad thing for buyers and the real estate industry as a whole?
Ryan Jaret
Sink Damage from Tenant
27 February 2024 | 19 replies
Quote from @Kevin Sobilo: My leases state that any monies owed are payable "as rent" so that if they do not pay that damage bill I can simply choose to evict them for "unpaid rent" which is simple and cookie cutter.FYI this is not legal in Colorado. https://leg.colorado.gov/bills/hb23-1095 prohibits "A provision that characterizes any amount or fee set forth in the rental agreement, with the sole exception of the set monthly payment for occupancy of the premises, as "rent" for which all remedies to collect rent, including eviction, are available"As for the $600 faucet... it sounds like you just called up a random plumber and told them to install a faucet.
AJ Wong
What are your top STR Hacks? Here are four that worked for us and our clients.
27 February 2024 | 4 replies
National STR Property Management companies are good, sometimes necessary, but also prohibitively expensive.
Michael Moreno
Questions Regarding my Real Estate Strategy
26 February 2024 | 50 replies
@Michael Moreno When it comes to self directed accounts that allow for alternative asset investing (not all do) it is important to be aware of prohibited transactions and disqualified persons.
Jermaine Lindsay
Investing in Restaurants / Mixed Use
26 February 2024 | 5 replies
Also watch out for HOA restrictions that may prohibit certain kinds of establishments, noise, hours of operations, and odors.
James Carlson
Mountain homes uninsurable b/c of wildfire risk?
26 February 2024 | 11 replies
The trend in Airbnb laws is toward restriction and prohibition.