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30 December 2024 | 20 replies
@Chris Kay to learn to properly DIY manage you have two basic options:1) Trial & fire on your own, hopefully not making a major mistake that costs you tens of thousands of dollars.- Once your time is more impotant to you then the cost of a PMC, you can hire one.2) Hire a PMC to guide you on your first rental and learn from their expertise.- You can buy additional properties and DIY manage those, perhaps leaning on the PMC for any issues you're not sure how to handle on your own.Good luck:)
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29 December 2024 | 16 replies
I will look through all of the major platforms (Furnished Finder, Airbnb, Zillow, etc.) and see how much furnished MTR units are going for.
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3 January 2025 | 40 replies
And if all houses have not been fully rehabbed (we do fulls on every buy), some expected number for capital expenses should be included in that (IE if you have 3 years left on your roof you need to be deducting $X from that figure, repeat ad nauseum for all major capex).
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17 December 2024 | 5 replies
I have several contacts in new home construction, architecture, land developers and community organizers who help me locate buyers and sellers.
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25 December 2024 | 22 replies
Had a few small problems but nothing major.
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26 December 2024 | 21 replies
Eamon,Any time you face a major issue with a bank/lender and they fail to refund your money or it costs you money and a lost deal due to ignorance or bad lending.
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30 December 2024 | 8 replies
If you don't foresee any major obstacles to qualification, I'd be happy to set up a viewing for you.
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26 December 2024 | 6 replies
You can learn the local market without the stress of a major rehab while you start building relationships with property managers and tenants.
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17 December 2024 | 11 replies
Then I take notes and move the Meeting forward in my calendar as needed.EXAMPLE:Name: Bob Smith Phone: xxxxxxxxxx Email: xxxx@xxx2022-04-12: rcvd employment application, sent to HR for background check2022-04-10: Initial phone interview, moving forward with questionnaire2022-04-08: Received resumeSo, what do you need besides this to better organize you
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30 December 2024 | 24 replies
Go through each major line item and come to an agreement on what really needs to be done.