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19 June 2024 | 3 replies
With that said, on a practical basis I have NEVER heard of anyone enforcing it.
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18 June 2024 | 9 replies
I heard some believe no local agent that knows what they are doing would sign this and on the other hand some are very skeptical the city would even enforce this given the domino effect it may create. since I am considering buying a new investment property in Cleveland I would like to know: are there any solution if the city decide to enforce this?
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20 June 2024 | 22 replies
Basic agency law, soon to be enforced.
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20 June 2024 | 23 replies
When looking for a PM, consider these criteria:1) the experience and credentials of the broker who supervises the company as well as the lead property manager2) the services they offer and how they line up with your needs and expectations3) the use of technology to make their job and yours easier 4) if they have a landlord-tenant attorney on retainer to help guide them on legal issues (not to mention the creation of lease agreement, landlord forms and notices, etc.)5) their process and policy for a) listing, b) application, c) tenant selection, d) routine inspections, e) maintenance services, f) property and tenancy update reports to you, g) lease enforcement policy, and f) move-out process.6) property owner reviews (caution: you can't always rely on Google reviews, because they may not reflect actual quality of the company, but still) 7) beneficial programs for both owner and tenant 8) a property management agreement that would indicate they know what they're doing and have the experience to know what matters in a PMA.
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18 June 2024 | 53 replies
The franchisor does marketing and helps with distribution to fill the hotel rooms as well as setting and enforcing brand standards.Banks prefer flagged properties because the franchisors enforce standards and these properties tend to benefit from their franchisee relationship in filling rooms.
17 June 2024 | 5 replies
What's the enforcement action if you bid but are not a qualified bidder?
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17 June 2024 | 3 replies
Depending on which code is being enforced at your location, the balusters may have to be placed close enough to one another to prevent a 4" ball from passing between them.Of course, if your building is historically recognized, that may change the discussion completely.
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16 June 2024 | 9 replies
Just remember to put everything down in the rental agreement, if it's not in there, good luck enforcing it (especially in Seattle).I'm talking down to nitty gritty.
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17 June 2024 | 1 reply
Possibly I can source some deals from some code enforcement people and other creative places I can think of, but that will take some time and bird-dogs.Need help with finding deals, networking whether it be with other REIs or REAs, attorneys, financial planners/funding, confidence, and knowledge.I am determined and willing to work for this.
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18 June 2024 | 14 replies
Paul recently implemented 3% rent control (irrespective of inflation) which has been a complete disaster so far - no one knows how to enforce it, developers are stopping new builds, etc.