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23 May 2024 | 7 replies
They mixed and poured the concrete themselves.
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22 May 2024 | 19 replies
Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.
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26 May 2024 | 102 replies
And groups that want to stay fully compliant in the SEC regulations tend to only work with Broker Dealers and disclose estimated commissions on their Form D.
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21 May 2024 | 2 replies
Hi All,Our complex in San Diego had some concrete work done that caused us to have to relocate tenants for 2-3 days.
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20 May 2024 | 7 replies
However, it is a 1" concrete facade on a Michigan basement that is beginning to show some age.
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20 May 2024 | 4 replies
Step on is decontaminating the site, probably busting out the concrete floors and if necessary the soil under it.
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20 May 2024 | 2 replies
Of course, there are construction considerations building on concrete, but nothing that can't be managed.
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19 May 2024 | 10 replies
10) Make sure all of the above, and more, are compliant with Fair Housing requirements, Fair Credit Reporting Act, Federal privacy laws, etc?
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21 May 2024 | 138 replies
A solo 401(k) also is not ERISA protected (no asset protection from creditors)The QRP that this company offers, and markets under the name eQRP, let you have employees and is also ERISA compliant.
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20 May 2024 | 121 replies
.)- Neighboring city Meridian was voted by Money Magazine as one of the best and fastest growing cities to live in the country with 32% job growth in the last decade with only 2.5% unemployment (national avg is 3.7%)- In 3 miles radius there are 3 new housing developments, 1 apartment development, 3 commercial (flex) and manufacturing facilities, with multiple farms for sale for development.RECENT REALTOR ARTICLE - Demand for Ada County Homes Drives Prices to New RecordAccording to our friends over at Boise Regional Realtors®, heightened demand coupled with comparatively low inventory of homes continues to drive prices up across the valley.