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18 August 2016 | 9 replies
Here is the best part: New York City evictions, due to anti-landlord policymakers and judges, can take as long as 60-90 days to process, meaning that fines could be anywhere between $70 & $100K...To prevent that from happening we have implemented a zero tolerance policy across our entire portfolio and have been forced to take a MUCH more hands-on approach to managing our buildings, including: Monitoring Airbnb, VRBO, Homeaway and other sites SEVERAL times a day.Periodically knocking on doors of tenants we suspect are illegally subletting.Removing locks/installing keyless entryAmmending leases to allow for impromptu inspections/termination clauses.Has anyone else out there in NYC or SF encountered this issue?
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28 August 2014 | 18 replies
@Manuel Sarabia It is a matter of reducing risks, to try to make sure it doesn't happen, and also being on record as doing everything reasonable to prevent it.
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23 February 2015 | 75 replies
I have one done now on a house I closed last week. then we have our new build that is going to be on the show Southern Charm that is being professionally done and will air on TV in the south east happy to share that.I need to start doing this in Oregon as well I have 3 starting on the Oregon coast this month so I can take shots of 80 MPH winds and sideways rain and my crews working in the rain when if they were in CA they would be home LOL... but yes that would be great. and it would be great if someone helped me with how to post this stuff I got asked to do a pod cast for BP but I can't do it because I don't know how to do Skype or use a chat thingee or a camera.
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4 February 2014 | 17 replies
Then in 60 days the agent will say, "Well we tried it your way, now we need to price it right"A good agent will list at 95% of real comps to get competition through the house and move the house fast to prevent a vacant house to sit 3 - 12 months, and this sitting on the market costs the sellers PITI payments.
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27 February 2014 | 6 replies
Pretty much the same as spraying an air freshener with an odor that dissipates in a few minutes but with much less of an odor content.
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2 March 2014 | 7 replies
My thought would be get inside legally to check in the property and prevent any damages I.e.
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21 March 2014 | 2 replies
It was November and since the house was not rented, it will stay empty till March anyway.The lease was done under the corporations name so they could justify the corporate business expense.The house was empty with no furniture so it was a bunch of construction workers sleeping on the floor with air mattress.
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29 September 2014 | 0 replies
I can build an addition for about 120k that contains two "units" of 2bd/2.5ba each with lots of premium features (9.5' ceilings, acid-stained colorful concrete floors, radiant heating throughout, central air, LED lights, granite countertops, subway tile backsplash, carrara marble porcelain look-alike bathrooms, etc.)
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13 July 2016 | 11 replies
I replaced a 2 1/2 ton air handler and 2 ton condenser at a rental last Oct (builders sometimes did that to squeak out a little more cooling than a 2 ton but less than 2 1/2 and save a little on the equipment cost).
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21 October 2014 | 27 replies
It is a very simple way to prevent future problems.