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17 February 2025 | 71 replies
The older I get the more deeply I feel connected to this idea of only being involved in Win-Win situations.
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9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.
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10 January 2025 | 5 replies
That said, you could go to the mayor and police chief and ask what steps were taken with the involved officers.
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5 January 2025 | 7 replies
You filed two full year tax cycles and the numbers are similar (no greater variant than 1%) they maybe yes.Generally depreciation is added back as income BUT only the 40% portion you own not all of it.
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11 January 2025 | 5 replies
Homeowner filed chp 7.
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8 January 2025 | 27 replies
Curious about the reason, I consulted my home insurance broker, who informed me that the property had a water damage claim filed a few months ago, which is causing insurers to be cautious.This information surprised me, as it had not been disclosed by the seller.
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31 January 2025 | 29 replies
While I haven't done new construction as an investor, I've been involved with them on the design and construction side. $15-$20,000 seems like a very small profit on a $500,000 house.
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13 January 2025 | 16 replies
STR insurance provides broader coverage, including liability, property damage (even non-guest-related), and gaps Aircover might not cover.For damages caused by guests, document everything (photos, receipts, estimates) and file a claim through Airbnb.
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21 January 2025 | 19 replies
If I have a JV with other investors and we need to pursue legal actions, I always involve the other investors when interviewing attorneys.
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21 January 2025 | 10 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.