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20 August 2024 | 21 replies
@Greg Friedman if you weren't moving abroad and were going to be within an hour of the property - you could easily DIY manage it.Otherwise, you will need either family & friends or a PMC to handle:1) Emergency maintenance issues2) Tenant nonpayment issues (eviction)3) Showings & maintenance when the property is vacant4) Preventive maintenance issues5) RentReady repairs between tenants
17 August 2024 | 17 replies
In my opinion and through observation, most people who have children prefer to live in the surrounding counties because of the school systems, while still not great, but easily better than Albany's schools.
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17 August 2024 | 12 replies
How can I better automate my lease agreement being sent out, information filled in, and then easily signed by the guest?
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17 August 2024 | 9 replies
You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.
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17 August 2024 | 15 replies
After a while messing around with ChatGPT, you'll find that you can pickup on its writing style and can easily pick out who uses it for social media posts and emails.
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17 August 2024 | 56 replies
I use excel and the county websites to easily lookup properties.
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16 August 2024 | 4 replies
I am not able to easily locate the owners name, but if I could, I would gladly get ahold of them.
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18 August 2024 | 28 replies
My tenants love them and I was able to bump rent. 1 bed 1 bath 650 square feet apartment is easily (according to two tenants) cooled and heated with one head in main living area. 12000 BTU model.
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16 August 2024 | 8 replies
You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.
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15 August 2024 | 4 replies
Hello Ilya,Where are you looking at purchasing your 1st property.When converting a property from a single family to a multi family, you will need to check on the zoning requirements, depending on your location, not every location has zoning.As far as lending goes, it is far easier to finance a single family up to a quadplex, than financing 5 plus units, the DSCR Market for 5+ units is extremely low right now, and there are few if any lenders in that space.For financing 1-4 units, there are Millions of dollars chasing those loans, so you can easily obtain long term financing, at rates between 5-7%.Please reach out if you have a property identified, and I can help you with financing options.