
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.

8 January 2025 | 5 replies
Just focusing on the passive income you want to achieve will leave you chasing cash flow which will have you buying properties in worse areas with harder tenancies that seem to cash flow better, but will have large cap ex.Any time someone asks a question about where to invest and it can be anywhere, they aren't ready to invest and are opening themselves up to every pitch in the world on an area.

9 January 2025 | 6 replies
In Texas we can go inactive, so no Broker, no selling, no MLS access, but you still have to keep up your education CE hours and such.

21 January 2025 | 35 replies
By the time you factor in insurance and any cap ex....it's already a loser...even if you aren't carrying a mortgage.

15 January 2025 | 14 replies
I keep hearing that costs of labor and supplies are rising (when aren't they?)

23 January 2025 | 39 replies
., asking questions, reading through the documents, etc.) and continue educating yourself via books and podcasts so that you can leverage that expertise to do your own deals in the future.

9 January 2025 | 3 replies
But the other side of the coin is correct - the downside, and it can be huge, is potential assessments from HOAs who aren't solvent enough for new roofs or roads or maintenance.

15 January 2025 | 12 replies
Educate yourself, become expert, then make decisions from a place of expertise.

23 January 2025 | 45 replies
so just because you would not want to live in a specific town for various reasons does not mean they aren't attractive to others and good investment opportunities.

14 January 2025 | 3 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!