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All Forum Posts by: Marija Petrovic

Marija Petrovic has started 16 posts and replied 30 times.

Post: New Investor in San Diego!

Marija PetrovicPosted
  • Investor
  • San Diego
  • Posts 30
  • Votes 14

Hi everyone!! would love to connect!

Post: WOW!!! You have 10 or More STRs????

Marija PetrovicPosted
  • Investor
  • San Diego
  • Posts 30
  • Votes 14

Lots of things, this is such a complex and dynamic topic that no answer is right or wrong. Setting up cleaning operations for 10+ more units is I think of outmost importance, my issue is I've found a cleaner when I had 1-2 units and she was incredible and the way she cleaned my apartments was always top of the line. As operations grew and I acquired more STRs, I still kepts her with the same rate (which is pay per cleaning not hourly), now with 10+ units paying her doesn't make that much financial sense, but at the same time I propably don't have enough work to hire somone hourly, so I'm in a stuck sitaution and don't really know. what to do.

Another problem we have is with the laundry. They intend to strat charging me more for laundry (which was before always included in my cleaning) but now with so many apartments my cleaners want to start charging me for laundry so another area that could be done better from the start.

Then just taking better / more pictures, runnning a social media channel for properties, I wish I also bought cheaper furniture (second hand markets, facebook, offers, etc)

Utilizing more dynamic pricing, making sure that all hig demand dates are priced well

And so on, so on. I could talk about this for hours.

Post: Who’s using seller financing?

Marija PetrovicPosted
  • Investor
  • San Diego
  • Posts 30
  • Votes 14

I have done only 1 seller financing deal and it was out of state. Like most of other memebers, less workaround, easy transaction, no bank dealings, etc. I am thinking of doing a refinance but even if I don't, I'm happy with the terms/rate I have with the SF deal.

Post: House hacking and rents

Marija PetrovicPosted
  • Investor
  • San Diego
  • Posts 30
  • Votes 14

I would hire a property management company and tell them that I'd like to increase rent and have them deal with the tenants. This way you'll avoid the guilt part, the dealing with people part and will reach your criteria of passive investments with minimal hassle. At the end of the day, this is a business and you need to make your investments count.

Post: Looking for Property Management for Duplex in St Louis 63113

Marija PetrovicPosted
  • Investor
  • San Diego
  • Posts 30
  • Votes 14

Hi everyone! I need a PM in not that great area of St Louis , zip code 63113, any recommendations? 

Post: St. Louis Property Management companies

Marija PetrovicPosted
  • Investor
  • San Diego
  • Posts 30
  • Votes 14

Hi @Nathan Murith can you please share your list with me too? TIA!

Post: St. Louis Property Management companies

Marija PetrovicPosted
  • Investor
  • San Diego
  • Posts 30
  • Votes 14

Hi @Nathan Murith can you please share your list with me too? TIA!

Post: New Real Estate Investor San Diego

Marija PetrovicPosted
  • Investor
  • San Diego
  • Posts 30
  • Votes 14

Hi everyone, I'm starting my Real Estate journey in San Diego, and I'm looking for other individuals to join me. 

Maybe we can create our own mastermind group, and achieve our goals together.

10% down 10% interest 5 year ballon amortization 

Can someone explain to me exactly how this works please. 5 years 10% interest - does it mean for 5 years you only pay interest?

Thank you!