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5 October 2024 | 19 replies
now that we know this companies name I suspect some of the SC agents will turn this company in and ask how they can do it while others cant/wont.Jay, do you see all of this regulation as cleaning up the swamp of fly by night wannabes and resulting in greater deal opportunity for those with the capital, knowledge and experience to comply and profit?
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11 October 2024 | 40 replies
Some have lots of rules and regulations and are only in it for the education fees.
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7 October 2024 | 34 replies
You do have to deal with more regulation, which is the cost of doing business in CA.
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4 October 2024 | 9 replies
However, the short-term rental market comes with added complexities like managing turnover, dealing with seasonality, and ensuring you comply with local regulations.
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3 October 2024 | 2 replies
Having your handyman do showings could be a solution, but keep in mind that if he’s not experienced in tenant screening, it could expose you to more risk, especially with squatters or less reliable tenants.You mentioned using something like Showmojo for smart access, which is great for efficiency, but I’d suggest ensuring you have solid procedures for background checks and tenant screening if you go that route.As someone who’s owned a property management company for 5+ years and manages over 300 units, I’ve seen the impact of not properly screening tenants.
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4 October 2024 | 12 replies
Nashville, IN is known to have rental restrictions on STRs in the area, so I would double check the regulations.
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2 October 2024 | 5 replies
@Jared Pinkus what are you seeing as too stringent regulations for STVRs in Dells?
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3 October 2024 | 1 reply
So I live in CA and the laws and regulation here can be crazy.
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3 October 2024 | 0 replies
In fact, according to a recent study, regulation “imposed by all levels of government accounts for an average of 40.6 % of development costs (NAHB, O’Leary).”
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2 October 2024 | 11 replies
Adhering to the procedures laid out in the operating agreement is what you rely on to be viewed and treated as a business rather than as an individual.