If the law requires updated disclosures, you cannot rely on what was signed three years ago.Operational takeaway:At minimum, once a year:Audit your lease templateConfirm all city-specific disclosures are includedVerify ordering requirements if mandatedRe-issue updated addenda at renewalIn landlord-friendly states, sloppy leases are survivable.In Chicago, they are expensive.If you self-manage in Cook County and are not using the current CAR lease, I would strongly recommend at least having a local attorney review your template annually.

Hi everyone,I’m a newer investor and have been looking closely at the Auburn, CA 95602 area, specifically Auburn Greens HOA #1.What’s catching my attention is that prices are still under $250k, while rents are around $1,800, which seems like a strong rent-to-price ratio for Northern California.

MTRs and, more specifically, corporate housing are my strategy of choice.

Hi Evan, we're out of state investors, specifically looking to invest in Ohio and interested to connect. 

. - This is the CURSE of owners wanting a single-point of contact by the way🙃2) Bad/Missing Procedures and Processes- UNBELIEVEABLE how many owners NEVER ask about HOW a PMC is going to specifically advertise a vacancy, screen applicants, what documents they will provide, etc.

Does this pencil out, or am I missing a "Mexico-specific" catch?

Integration with QuickBooks (or other REI-specific tools) would also be ideal since I think these could come handy in the future as my business matures.

Are there specific things with your current tech stack that are not automated well that you're looking for solutions on?

I don't know that I've seen this fully executed in the rental space specifically, but I do think we are finally at a point where tools are coming out that can move the needle.

Start going to all the local meet ups and know specifically what you are looking for ex: I want a duplex that is 2/1-3/2 each side 1980 build or newer in Blank part of town between main street to the north, main street to the south, main street tot the west, and main street to the east.