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21 June 2024 | 10 replies
Allows a landlord to do any of the following because the tenant has contacted an entity for law enforcement services, health services, or safety services:a.
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18 June 2024 | 31 replies
Windows are completely blacked out, big time security measures are in place - including bad butt dogs and fencing - and that any neighbor is too great a risk.
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18 June 2024 | 0 replies
CPI measures general inflation for consumers for major individual expenses such as food, gas, shelter, and other basics.
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20 June 2024 | 26 replies
Sometimes those properties exceed 100% expenses to rent they bring in.Generally though, when I look at my overall portfolio at the end of the year, the expenses usually are right about 50%.So, it's an important number to keep in mind but consider the specifics of the property you are looking at more than any 'rule of thumb' measurement.
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19 June 2024 | 0 replies
The National Highway Traffic Safety Administration, just announced new rules requiring the average efficiency of new vehicles 50+ miles per gallon by 2031.
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19 June 2024 | 6 replies
As you know Cash setting in the bank is not good. so looking to invest some in Mexico in what works without taking too much risk knowing the legal, political and safety situation.
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18 June 2024 | 0 replies
Regular inspections for any signs of wear, cracks, or water damage are advisable to maintain the facade's integrity.Parking and Access: The covered parking area is a significant advantage for tenants, but ensures the area is well-lit and secure to prevent any potential safety issues.Interior Features:Layout: The open floor plan with large windows ensures ample natural light, which is appealing to tenants.
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18 June 2024 | 9 replies
All, here's a clip of the law, "requires out-of-town landlords to assign to their rental units local agents who can be reached in the event of health or safety issues related to the units.
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17 June 2024 | 8 replies
The pros: - not having to do a major renovation from out of state- easier to get a conventional loan since the house is livable vs. a distressed property (would need to pay cash, do a hard money loan, some other type of financing)- can get a tenant in quicklyThe cons: - you don't know how good the renovation is, could be cosmetic without addressing underlying safety issues (plumbing, electrical, foundation, etc). - a home can pass an inspection but once someone is living in it and putting daily stress on the house (turning faucets on, light switches, turning on heat/AC etc), things can start to malfunction.
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16 June 2024 | 15 replies
The designated responsible party must be available on-site to address any issues as soon as one (1) hour following notification from an occupant, a city official, a code compliance officer, or law enforcement officer.Prior to the city issuing a certificate of registration, the vacation rental is subject to inspection to ensure compliance with: (1) minimum safety requirements under section 34.5-12; (2) minimum information requirements under section 34.5-13; and (3) to confirm compliance with Chapter 34.5 generally as well as any other applicable provisions of the Sarasota City Code and Zoning Code.The minimum safety requirements are set forth in section 34.5-12 and include compliance with the Residential Swimming Pool Safety Act, operation of smoke and carbon monoxide detection systems, and installation of fire extinguishers.The minimum informational requirements are set forth in section 34.5-13 and include, among other things, providing: (1) the location of the nearest hospital; (2) the non-emergency police telephone number; (3) the dates and approximate times of trash and recycling pick up; (4) the street address of the vacation rental; (5) the name and phone number of the designated responsible party or parties; and (6) emergency evacuation instructions.