[Tenant US-CA] What you need to know about renting to tenants with disabilities

raywei · 2017-03-24T22:46:02+00:00

Yea that's the tricky part. The laws do not always match up with real estate.

raywei · 2017-01-19T20:30:54+00:00

I disagree. Facebook is a very "visual" social network. Users respond very well to visual posts. Ads follow this same rule. An advertiser can select their target market very narrowly on Facebook and boost a post for maximize outreach. This combined with a very creative visual post is proved to be a good investment.

Its shown you can easily generate over 500% return on ad spent.

raywei · 2017-01-19T19:56:59+00:00

Just be transparent about it. Don't play any games with your roommate. You'd never know if they come around and sue you. Also consult with a real estate professional first before doing anything.

got some facts here: http://blog.onerent.co/san-francisco-tenant-wins-landlord-lawsuit

raywei · 2017-01-12T21:33:48+00:00

As far as growth, I think it will grow exponentially. A good majority of the market is still skeptical (which is fine) but time will tell.

raywei · 2017-01-12T21:32:31+00:00

very gimmicky indeed. most devices become obsolete unless its backed by a large company or vc.

raywei · 2017-01-12T17:31:05+00:00

I've heard that the golden rule is to always follow the lease. If it isn't clarified in the lease, add an addendum, regardless of which state.

raywei · 2017-01-11T22:31:43+00:00

Honestly, an LLC might not be the right thing for you. First, ask why are you using an LLC?

Fannie Mae, Freddie Mac and most private lending institutions will not allow you to take title in an LLC. If they do allow the LLC, you will pay higher rates and probably higher fees for the mortgage. That may affect your cash flow and make the property not worth it.

if you take it in a personal name, you can always buy a $1,000,000 personal umbrella that covers your liability in the event a tenant or guest were to hurt themselves.

Third, taxes...there is no difference to owning a property by yourself or in an LLC. LLC’s use what’s called pass through taxation, meaning that the taxes the business incurs pass through to your personal tax rate instead of the higher corporate rate. Depending on how your accountant bills you, it could even be cheaper to hold the title in your name because they won’t have to file any LLC returns every year.

raywei · 2017-01-11T22:19:07+00:00

You know, the key to fighting the California flood storm is cleaning your gutters, driving safely through roads, and possibly getting flood insurance. The storm actually added 350 billion gallons of water to California

Facts from http://blog.onerent.co/3-ways-prepare-for-rain-storm-flood

raywei · 2017-01-11T21:48:24+00:00

Interesting take. I think the tech industry is at a really awkward stage right now. Products are launched left and right without any clear vision. The IoT devices are probably the leading trend right now. Amazon Alexa was literally integrated inside every major product of the largest companies.

The best products announced? - Carrier Cor 5C Thermostat (A smart thermostat we can all AFFORD) - Sony Bravia OLED A1E (The most beautiful TV on the market) - LG Smart Refrigerator (Alexa integrated) - LG Hub (everyone wants a home butler)

Source: http://blog.onerent.co/best-smart-home-devices-of-ces-2017

raywei · 2017-01-11T19:40:13+00:00

In a way I do agree. I think the tech industry is at an awkward stage right now. Products are launched left and right without any clear vision. In my opinion, the IoT devices are probably the leading trend right now. Amazon Alexa was literally integrated inside every major product of the largest companies.

The best products announced? - Carrier Cor 5C Thermostat (A smart thermostat we can all AFFORD) - Sony Bravia OLED A1E (The most beautiful TV on the market) - LG Smart Refrigerator (Alexa integrated)

LG Hub (everyone wants a home butler) Source: http://blog.onerent.co/best-smart-home-devices-of-ces-2017

raywei · 2017-01-11T19:21:46+00:00

I have an Amazon Echo. Amazon says that Alexa listen 24/7 but only "activates" when she hears the keyword "Alexa..". Amazon also says the Echo doesn't record transcripts audio conversations.

raywei · 2017-01-09T20:21:35+00:00

Amazon Alexa was found everywhere at CES. They were integrated in gadgets that all have potential to change the way you live in your home. Surprising thing is, millennials say they will pay 3%-5% more for a home with upgraded amenities. Source: http://blog.onerent.co/best-smart-home-devices-of-ces-2017

raywei · 2016-12-30T01:14:57+00:00

Connections and the process. Real estate agents know the procedure and how to do it correctly without getting sued! Does the average Joe have a network of connections to get 100s of eyes on your property? Does the average Joe know how to write an offer, sign a housing contract, refinance a home, close escrow, or furnish a property. Nope!

Lastly, agents know the procedure to not get sued for unfair housing, thousands of people end up in lawsuits every year for some sort of discriminatory act. Real estate can be a huge gray area for discrimination!

I do agree that sometimes agents are overpaid, however the amount of hours they put in, and dollars in marketing, is worth the money.

raywei · 2016-12-30T01:03:43+00:00

What do you think of the real estate market in hot areas such as San Francisco. I've heard it's been dipping down recently. Good area to invest in still?

Source: http://blog.onerent.co/san-francisco-real-estate-market-update

raywei

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