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22 November 2024 | 5 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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20 November 2024 | 4 replies
It's part of participation trophy society where people get socially rewarded for just being in the game, but that shouldn't apply to real estate.
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20 November 2024 | 4 replies
@Rene Brodowsky appraisers, like most workers, will take the path of least resistance if allowed.Appears they are using an AI system to valuate your home.As suggested already, you may want to request an actual appraisal, which you will have to pay for, and send your own comparables to Huntington Bank to try to guide the appraiser.Otherwise, you may need to try a different lender.
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23 November 2024 | 4 replies
Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.
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22 November 2024 | 4 replies
Congrats on at least taking action.You've got nothing budgeted for vacancy that I can see; it depends on how much turnover there is in your market and what your prices are like compared to the rest of the market, but most people would budget 1 month of vacancy/year/unit.
18 November 2024 | 5 replies
You don't get the reward without taking some risk.
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17 November 2024 | 0 replies
Some investors and agents talk about off-plan opportunities as if they’re an easy route to massive returns, but the reality is that it’s far more complex.Buying off-plan can be incredibly rewarding, but it requires doing your homework, understanding market trends, and knowing which developers are truly reputable.
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26 November 2024 | 17 replies
Also, be sure to consult a CPA about the timing of transitioning properties to an LLC to avoid potential complications with financing or taxes.Take time to compare multiple lenders and products that fit your strategy.
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20 November 2024 | 4 replies
I would first look at a proven company like RentWerx, then compare them to a few others and see which one works best for you.Start by going to www.narpm.org to search their directory of managers.
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21 November 2024 | 1 reply
All these providers balance speed with compliance, so it’s worth consulting with them to compare timelines, costs, and support for your specific needs.