All Forum Posts by: Julie Groth

Yes, doing the math is important. But, this drives me crazy because I hate all the wasteful use of plastic bottles. Someone must furnish large bulk supplies??

Justin, where did you get the big jugs of cleaning supplies? I assume you bought that in bulk.

I agree with Ken. Managing properties sounds very much like a job. Even worse as the pay is uncertain, kinda low and you have to work weekends. 
If money is an issue for getting more properties, then find partners, or the seller finance thing, or start a pool for the down payment and go thru asset based lenders (that's my next play)...

Having said that, as of Dec 1, I'll be managing my own STR since I'm firing my property manager. I finally saw thru the veil...they were doing very little for 30%. I'll do it for awhile to see what is involved. As I add more properties for myself, I'll either keep doing it (hire employee) or find someone at a much lower %.

Lucas, really true. Heck, they could keep most of the furniture and I'd still come out ahead.

Does anyone have a copy of the agreement they use with their cleaning services provider? I'd prefer not to re-invent the wheel.

Thank you!

Med gray for the bath towels with black for wash cloths. Makeup and other stains show up on white. Hotels use white because they use a bleach that is SUPER strong (much more toxic than we can get on a residential level and have maids use). 

Also good if you can find thinner ones, like bamboo similar. Heavy towels make it hard for maids to keep up with the laundry with sheets, comforters, and heavy towels.

I'd like the Skip Trace reports to be more Excel friendly. Currently, I use TLO and download as .txt file. Then, put in spreadsheet. I can use 'split columns' or 'macros' to separate the data. Like, addresses are all one line with (dates lived there) at end of zip code. 

Is there a Skip Trace company that has reports formatted differently? Easier to input into a spreadsheet? 

Besides TLO has gotten very pricey!

Any recommendations???

thank you!

I'd like the Skip Trace reports to be more Excel friendly. Currently, I use TLO and download as .txt file. Then, put in spreadsheet. I can use 'split columns' or 'macros' to separate the data. Like, addresses are all one line with (dates lived there) at end of zip code. 

Is there a Skip Trace company that has reports formatted differently? Easier to input into a spreadsheet? 

Besides TLO has gotten very pricey!

Any recommendations???

thank you!

Yes, I agree that the repair question was silly. The house is newly renovated. I did wonder if there was a rule of thumb per repairs/maintenance per bedroom type thing. Like replacing light bulbs, air filter, misc -ongoing maintenance items. 

For example, with multi family properties, there are rules of thumb per door. 

I'm hiring a management company for my STR. Of course, I can figure out what my insurance, cable and taxes will be. But, what can I expect to spend for all of the other expenses? Consumables, utilities, repairs, yard work, etc. Does someone have a report of what and how much they pay that you would be willing to share with me.

Also, which of these expenses would a management co typically have INCLUDED in their % of income fee? The rest of expenses are billed at cost? Marked up?

Thanks!