Here's how you begin.

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 Important kitchen update

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 Down to the wood

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Here are several important images:

 

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See Action Map & Update Summary for more on the above. Next House Session Thursday, May 23rd, 9:00 a.m. Thursday, May 30th Thursday, June 13th Next Senate Session Wednesday, May 22 at 11:00 am Thursday, May 23 at 10:00 am

Update Summary Note: some links have changed. Always use latest liks in latest update. Also note that we often keep previous update info on items still active because there are often new members signing up and receiving the updates. So we want them to have the info. Please have your housing provider partners and friends join us. The more members the stronger we will be. Major bills (follow action items in Action Map above): Anti-Squatter Amendment The 1st non-germane amendment was completely scrapped. The 2nd amendment 2024-1647h appears to have also been scrapped. In Senate Commerce committee, our amendment was adopted as 2024-1962s, attached to HB1400, OTPA Vote 5-0, & placed on Consent Calendar for 05/22/2024. On a separate track, in the House Criminal Justice and Public Safety, we had a meeting with the committee chairman and several stake holders resulting in a clarification needed to ensure that these new provisions will not interfere with existing criminal trespass law. We secured agreement on a change to accomplish that and are waiting for approval from the committee chair on the simple language change. We are attempting to secure agreement from ... Read More…

I don’t want to be a buzz kill…

…but there’s too much mushy thinking in the short-stay space. 

So much so that I see short-stay landlords acting like home-sharers — and having a lot of fun doing so.

However, if you check their bottom lines, you’ll see they aren’t doing much better than passive landlords. And doing extra work without capturing extra income is not the way to run a for-profit business.

As a foaming-at-the-mouth Airbnb-er since 2011, one who is both a provider and user with stays all over the United States, let me offer a bit of structure.

Three Short-stay Business Models 

You need to be crystal clear about which type of short-stay business you’re operating.

The table below summarizes the financial goals of the three models

Each business model has its own unique mode of operation, expected level of service, and

acceptable rate of return. You’ll notice, however, that only short-stay landlords have profit as a goal.

So, if you’re a home sharer or vacation rental provider, you can stop reading here. What follows is not intended for you (although you might find it interesting — so keep reading). 

If you’re a landlord considering a short-stay business, you should follow these “do’s” and

“don’ts” to avoid costly mistakes and become more profitable than a typical landlord.

The following is for rental owners that choose to provi ... Read More…

Sandro & THE best flooring

No he won't bite you but he knows his High-End flooring (and maybe some of the best installers)

Or call Pete, the Owner who we've met at monthly meetings in DesignGroup47.com
Peter@DesignGroup47.com
or
Peter@WorldDepot.net
or
Keri@WorldDepot.net
781-913-1384

 

You won't believe the QUALITY or SPECIAL PRICE$ Pete is offering this great High-End Solid Flooring in Ash Raw, Ash Forenz & White Oak Forenz! Call Pete 617-293-8397 or Keri 781-913-1384 today for Availability and Price!

(In fact when one Homeowner saw the installed plank flooring below, it looked so good to them that they asked to have it installed in their own house. HOWEVER they already have 2 1/4" solid oak which is generally considered the top flooring but too expensive.  So NO, I'm not installing plank OVER oak, although it does look good and priced even better!

 

and let's not forget Ang at the Flooring Center, displaying all the High-End Imported tile. Same deal, check it out with a call!

 

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 https://vimeo.com/777173559

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Residential Income Property

 

1983 - ACRE w/Al Lowry & RAND Robert Allen

Mr. Landlord;-) Not in Massachusetts:-(!   ;-)

 

1.What are Residential Income Properties?

SF, MF, CC

Zoning & Rules restrictions.

Shane;-)

 

2.Types?

Sort Term, Medium & Long Term.

How Much$ (how to check the competition).

Where to go? Market - High, Medium or Low?

 

3.Where?

YOUR Farm area!

 

4.Subsidized vs Paying Tenants.

During the Kung Flu panic… Housing Court 90 Days?

  

5.Guides and Codes.

State Sanitary Code, Tenants Guide to a Legal Tactics, Landlords Guide.

GO TO HOUSING COURT!!!

Rules? What Rules? I don’t need no stinking Rules!

 

6.Advertising.

Where: Online, Newspapers:-0, Word of mouth?

Careful what you Offer!!

 

7.Selecting Tenants.

Application form & Vetting techniques & Credit Set your Guidelines and stick to them!!

Government picture ID

Condition of the Property for showing?

Showing a Property? Group vs Individual showings,

 

8.Establishing a Tenancy in Massachusetts. (Documents)

Annual Lease vs Tenant at Will

ALSE & Blue (Lease modifications? NO!)

Security Deposits ($Max?)

 

9.Maintaining the Tenant/Landlord relationship.

Introduce yourself.

Availability, Expectations: Trash, Utility usage, Plumbing.

Put it in writing.

Smokes?

 

10.Ending a Tenancy.

30 Day notice? Go there immediately. Then with Contractors: Painters, Carpenters. ... Read More…