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23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
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28 December 2024 | 11 replies
@Jay Hinrichs I handled an auction sale years ago where the city/state had assessed a riverside parcel at 60+ acres for decades when it was actually less than 20.
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22 December 2024 | 1 reply
He could have sold it to any investor, but he called me because he trusted I would handle it with care and respect his wishes.
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24 December 2024 | 13 replies
Yes the biggest issue was they grew way too fast and he set up an entire servicing company to handle all of their deals.
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24 December 2024 | 9 replies
That’d be my next move-they can tailor advice based on your portfolio and Vermont's specific laws.By the way, if anyone here has experience juggling multiple LLCs at the 5-10 door stage, how have you handled the balance between liability protection and administrative overhead?
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17 December 2024 | 8 replies
@Anthony DiSanzoIf you're looking for low entry point properties that will stay in demand with a strong tenant base, I'd advise you take a look into the Memphis market.
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24 December 2024 | 9 replies
Whether that’s refinancing in five years or eventually selling the property, you’ll want to know how you plan to handle the seller carry when it comes due.
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20 December 2024 | 14 replies
A good broker will be the go between and handle a lot of the process for you.
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18 December 2024 | 13 replies
Wait until the move-out date and confirm she's gone, then handle turnover like normal.
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22 December 2024 | 23 replies
There really should be a higher barrier to entry for home inspectors.