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Results (10,000+)
Justin Brickman Pros, Cons and recent regulations of STR investing in San Antonio
4 November 2024 | 4 replies
This raises the operational costs for hosts.Compliance with Hotel Occupancy Tax (HOT): STR operators must collect and remit the city’s HOT (9% for San Antonio and 1.75% for Bexar County)​. 
Brett Deas Need input from MTR landlords!
6 November 2024 | 13 replies
It requires a lot more work, follow up, and it's necessary to have systems in place to support the tenant vetting, rent collection and creating lease agreements.
Jeff Galak Lactchel vs SuperTenders
6 November 2024 | 29 replies
I have used the full service at $10/mo/unit and most currently their 24/7 emergency service for $1/mo.I was honestly a little skeptical at first, but the sales person did a really good job explaining their service, and I have been extremely impressed with the service they provide.
H. Jack Miller Are you experiencing highers Evictions and Lower Rents?
5 November 2024 | 17 replies
No rent can be collected during the UD action. 
Connor Thomas How to fix this BRRRR when my ARV is less than planned
7 November 2024 | 27 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Brandon Weis PM Companies Expanding Out of Immediate Market
3 November 2024 | 3 replies
Quote from @Brandon Weis: As a property manager, I know we do a lot more than collect rent and post notices: Move-In and Move-Out InspectionsProperty ShowingsRoutine InspectionsTenant Screening and InterviewsMaintenance and RepairsVendor ManagementHandling EmergenciesNeighborhood RelationsLease Violation ManagementCurb Appeal and Landscaping ChecksI opened in a new market (just 30 miles away) about six years ago.
Michael Baum Fed cuts rates by .5%
9 November 2024 | 87 replies
For the last 20 years the Federal Reserve's dual mandate has been to prop up both the SP 500 and the Nasdaq, not its purported goal to maintain price stability and maximize employment. 5 days ago a collection of Democratic senators wrote a letter haranguing Jerome Powell and asking him to cut by 75 basis points.
Paul Passafiume Anyone tried Ziprent or remote property managers??
3 November 2024 | 8 replies
Ziprent will write the lease, execute it, then get the tenant in the unit and collect first month's rent and deposit.
Mark Kelley How to warn future landlords / LPs about a tenant / GP
1 November 2024 | 18 replies
In short, getting the place restored was akin to remediating damage from a natural disaster.In the trash and belongings abandoned by the tenant, he also left the OM for his healthcare real estate endeavor, nasty-grams from the IRS about his personal taxes, and collections letters from several creditors after him.I got burned here and so did my property manager.
Bala Anirudh Kurakula Re: Partner Opportunities by SummitCapital Partners
7 November 2024 | 51 replies
There are many lawsuits filed against them, and they have failed to repay many past investors - I personally know of at least 20 people who are collectively owed millions.