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17 June 2024 | 13 replies
Hopefully she provides the receipt but if not you got sufficient discount to be acceptable.This is not a big enough expense to be bothered by.
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16 June 2024 | 2 replies
The vast majority of investors do not grow massive portfolios, so keeping it at a handful of roofs is pretty typical and just fine.
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15 June 2024 | 11 replies
However, we did due diligence and took her through the screening process she had good credit, passed background check but her income wasn't sufficient , former landlord spoke well of her.
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14 June 2024 | 5 replies
My question is: was the Move Out Condition Report with my itemized cleaning deduction, not sufficient enough for the Civil Code 1950.5 itemized deduction statement requirement?
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13 June 2024 | 3 replies
Landlords worry that the security deposits allowed under the bill will not be sufficient to cover these damages.The presence of pets can lead to higher maintenance costs due to wear and tear, noise complaints, and the need for more frequent and thorough cleaning.Financial Implications: The bill prohibits landlords from charging additional rent or security deposits specifically for pets, which landlords argue is necessary to offset the increased risk and maintenance costs associated with allowing pets.Landlords may need to increase their liability insurance coverage to protect against potential issues arising from having pets on the property, which could lead to higher insurance premiums.Key Provisions of AB 2216No Blanket Pet Bans: Landlords can’t have blanket bans on common household pets without valid reasons.No Extra Charges: Landlords can’t charge extra rent or security deposits for pets.Documentation Requirement: Landlords must provide written documentation if they restrict pets for health or safety reasons.Pet Liability Insurance: The bill might require tenants with pets to have pet liability insurance.As always, I’m here to discuss how this might impact us as property managers and landlords.
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13 June 2024 | 5 replies
@Ryan Dori You do not have the properties listed where the vast majority of buyers go to find real estate to purchase: the MLS and its offshoots.
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10 June 2024 | 30 replies
It's something Jerry Norton released recently to the public to pull data.Did some quick data comparisons for fun between 2 other platforms I currently use - PropStream and MLS (I'm licensed in Florida)I specifically searched for a handful of On-Market properties (active/closed transactions) and noticed the following:- You can't search for specific properties on PropWire- PropWire data isn't up to date (30+ day discrepancy) compared to PropStream; neither is up to date compared to MLS (3rd party data providers hardly ever are)- PropWire estimated value vastly different from PropStream value (50k+ difference in most instances)- No property photos (yet)Initial thoughts: It's a brand new tool and can't imagine it was gonna be great out of the gate.
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20 June 2024 | 245 replies
I am doing STR in a vastly different manner than those "Gold Rush" types.
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12 June 2024 | 3 replies
Wethink it’s important as it allows us to check for Non-Sufficient Funds (NSF) issues and to determine if anapplicant is living paycheck-to-paycheck.
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11 June 2024 | 8 replies
The current landlord is giving lease termination notice before I close I plan to rent the upstairs apartment to current or new tenant.Do I need an umbrella policy or will homeowners insurance be sufficient?