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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 | 10 replies
Without diving deep on numbers, places like Wisconsin Dells and surrounding areas, Munising, MI for Pictured Rocks National Lakeshore, anything near Mackinaw Island - Cheboygan and Saint Ignace, lake towns near Boyne/Boyne Mountain to get some summer and winter traffic, maybe something near Arcadia Bluffs that sleeps 10-12 to host larger groups coming on a golf trip.
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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?
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11 June 2024 | 5 replies
I believe my experience in the market can be valuable for both buyers and sellers, but I'm also eager to learn more about building a strong real estate investment portfolio.I'm particularly interested in BRRRR strategy, short-term rentals, and multifamily investing.While I sleep, eat, and breathe real estate most of the time, I also enjoy sports (go Vols!)
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12 June 2024 | 8 replies
Maint seems a bit low for the past year although, for the first few years after the planned reno, I would think this Maint would be sufficient.
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12 June 2024 | 24 replies
I didn’t hardly sleep for a year of so while “waiting for the other shoe to drop”.
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11 June 2024 | 3 replies
I've never lost sleep over a client before and the fact that I have now makes me mad.
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11 June 2024 | 4 replies
Any way you look at it, have your lazy dollars earning for you while you sleep to help increase your yields over time.