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24 August 2024 | 11 replies
I'd suggest picking up the phone or stopping by the local code enforcement office.
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23 August 2024 | 11 replies
The tenant having renters insurance (that does not have a dog bite / dog breed exclusion) is your first line of defense against this situation.Having the property manager named as additional insured on the renters policy brings that layer of protection from the renters policy over to the property manager.BUT... if you as property manager do not enforce the tenant having a renters policy (without dog bite / dog breed exclusions) it opens the property owner up to a lawsuit from a dog bite as well as your property management company.
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25 August 2024 | 57 replies
I work closely with the REC, AGs office and the state legislator in Maryland and DC on regulatory and legislative issues around real estate and housing.
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26 August 2024 | 13 replies
Cities that require each:Soils reports ($6-7K for report & required work): Carlsbad, Chula Vista, Encinitas, La Mesa, National City, San Marcos, VistaStorm water management ($5-7K): Del Mar, Encinitas, VistaBuilding Verification Survey ($3-8K): Del Mar, Oceanside, San MarcosUtility upgrades are also a very important consideration, and City of SD in particular is enforcing more requirements than they have in the past, e.g. water fixture counts and requiring ROW work to upgrade.
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22 August 2024 | 2 replies
It all depends on what that prenuptial agreement says and whether it's enforceable.
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22 August 2024 | 7 replies
Rules are in place and enforced.
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26 August 2024 | 24 replies
We went with the higher 4.5% rate BECAUSE we were able to negotiate (1) no personal guarantee and (2) one time allowable deed transfer without enforcing acceleration clause.
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24 August 2024 | 11 replies
But should that mean that you are free to interpret what the legislators may have intended (but forgot?)
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22 August 2024 | 11 replies
That, plus numbers just not making sense unless you put an insane amount of money as a down payment / buy in all cash, and other anti-landlord legislation made me look to a state like Ohio starting in 2021 and ultimately moving to Columbus to focus on building a portfolio and I've been very happy with my ROI both in cashflow and appreciation over the past few years.
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22 August 2024 | 15 replies
Hey all,I have an update on the situation in Colorado with the new legislation.