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16 June 2024 | 3 replies
As a seasoned real estate agent with five years of experience under my belt, I've had the privilege of guiding numerous clients through their own investment journeys.
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16 June 2024 | 3 replies
Does anyone have any experience / can advise on the process in each of these counties?
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16 June 2024 | 3 replies
I have some single family rentals north of you in Delray, happy to share my experiences if you want!
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17 June 2024 | 15 replies
If so, what has your experience been?
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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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16 June 2024 | 2 replies
@Kaycie GunnIf you want debt financing hard money or private money lenders will fund with typically 25% down paymentIf you are looking to syndicate and raise money from investors then that is a different animal and you will need to file an sec exemption to raise money and depending on your experience it could be moderately challenging to near impossible.
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18 June 2024 | 26 replies
It sounds like you are already getting great experience in STR management!
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14 June 2024 | 2 replies
If you will be doing a new lease, your attorney may suggest changes to better address the liabilities of the new tenant.
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14 June 2024 | 10 replies
For probably 90% of the people it does not provide anonymity, it doesn't protect you from liability, and it doesn't save you any taxes.
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16 June 2024 | 2 replies
There are some situations where a well-seasoned investor can borrow 100% of the purchase price and come out smelling like a rose, but only because they have the experience and they can absorb the loss if they screw up.Increase earnings.