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19 November 2024 | 3 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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23 November 2024 | 15 replies
You can open a business bank account, sign contracts, and handle expenses under the company’s name, keeping everything clean and organized.
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18 November 2024 | 15 replies
I feel capable of handling my accounting in general, but I primarily need help with taxes for my real estate and small investments.
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19 November 2024 | 23 replies
A property manager handles these responsibilities, freeing up your time for other ventures or personal pursuits.3.
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20 November 2024 | 14 replies
If selling is on the table, a 1031 exchange could allow you to defer taxes and reinvest in properties with better cash flow or lower maintenance needs.Since repairs are mostly handled, it might be worth reviewing your rents to see if there’s room to increases/ways to improve cash flow.
19 November 2024 | 10 replies
I would also suggest getting a PM to handle this.
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19 November 2024 | 21 replies
They handle his 150ish doors, and he has high standards.
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19 November 2024 | 1 reply
Totally worth it to cover any gaps.For managing it all, a Property Management System (PMS) could save you a ton of time by syncing calendars, automating messaging, and handling bookings.
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19 November 2024 | 5 replies
Automation tools like Hospitable handle pre-check-in instructions, Wi-Fi details, and even friendly post-checkout follow-ups, all while making guests feel like they’re receiving real-time communication.Effortless Five-Star Reviews: Automated review requests can be timed perfectly to boost ratings without the awkward "pretty please" messages.