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21 November 2024 | 21 replies
Is it standard practice for a PM to visit the home and see what the issue is before sending out a repair person?
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16 November 2024 | 2 replies
For non-primary residences, they have to follow all of the following rules to receive a permit: - the property must be a minimum of one (1) acre in size (designed as a precaution to disturbances)- The building standards of the underlying zone district must be met - Adequate parking is provided - Defensible Space requirements are met - Valid water and sanitation must be demonstrated - No more than five (5) bedrooms are in the dwelling As time goes on, they continue to become more strict on the rules listed above here, and are actively regulating it.
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17 November 2024 | 7 replies
., appliances, fixtures, landscaping) into shorter depreciation categories (5, 7, or 15 years) rather than the standard 27.5 or 39 years for real estate.2.
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19 November 2024 | 3 replies
This is standard business practice - just look up how many settlements the SEC makes annually where companies pay millions in penalties WITHOUT ADMITTING to any wrong doing.- Cash-for-Keys is another example of this!
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19 November 2024 | 19 replies
Set it aside in a low risk mutual fund or even a standard savings account.
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14 November 2024 | 10 replies
We are not allowed to say if there is an industry standard as this could be viewed as collusion.
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1 December 2024 | 91 replies
NCREIF (National Council of Real Estate Investment Fiduciaries) is a member-driven, not-for-profit association that improvesprivate real estate investment industry knowledge by providing transparent and consistent data, performance measurement,analytics, standards and education.
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15 November 2024 | 12 replies
If they are not managing it to your standards, hire a different property manager and let them manage it.
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15 November 2024 | 1 reply
Standard real estate practices.
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15 November 2024 | 17 replies
The bottom floor is a permanent STR.At this point, living on the top floor of an STR no longer fits my life and while it has been somewhat profitable depending on the month, I can no longer handle the hassle of management and would be taking a loss if I used a standard airbnb property manager.