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14 February 2025 | 3 replies
Then plan a date to actively start looking to buy.
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25 February 2025 | 11 replies
Generally, a good property manager will make sure to do the following:- rollout a strong marketing plan - thorough application process - know the fair housing laws- have the vendor relationships to take care of any emergencies that could happen- dealing with late fees & evictions!
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23 February 2025 | 9 replies
Vacancy is a normal part of the business.
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12 February 2025 | 17 replies
The sofa bed was always temporary, and I plan to replace it with a queen + twin bunk setup, bringing the total occupancy to 7 long-term.To maximize income this summer, I’m debating keeping the sofa bed in a spare nook, bringing capacity to 9.
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11 February 2025 | 0 replies
The local who lives there but commutes 30-60 min to another community because they can’t find a job to support their family in their town.That same local knows that a 4plex would be great on that lot that’s been vacant for 20 years and that there are at least 4 families who could benefit greatly from that development.That local knows that Ryan’s plumbing and Katie’s electrical companies that service 75% of the town really needs a new flex space to use as a shop, storage, and parking for their business so that they aren’t working out of their garage and can hire a couple of locals to work with them at the office and in the field.Development is different in our small towns but if locals aren’t the ones doing it, and developers aren’t coming, what happens to our kids futures?
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27 January 2025 | 7 replies
I use the terms - "corporate furnished rentals", "short-term rentals", and talk about my target clients- Business travelers, traveling nurses, traveling healthcare workers.#6 Knowledge - Know why STR is better for the landlord than traditional rentals.
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9 February 2025 | 7 replies
Indoor camera ONLY for the vacant period for safety/peace of mind then plan to remove once renting it out but will keep outdoor cameras.
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21 February 2025 | 7 replies
From real estate investors to other small businesses, I talk to people daily who have no idea about the potential liability under the Telephone Consumer Protection Act ("TCPA")(47 U.S.C. 227 et seq.).There are two initial issues that can create huge problems with your suggestion.
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28 January 2025 | 15 replies
She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.
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27 February 2025 | 10 replies
And yes what Ive been doing is doing the walkthrough with my business partner, we estimate the rehab costs, then submit an offer according to our estimated costs.