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11 July 2024 | 1 reply
While some property owners choose to self-manage their rentals, there are compelling reasons to consider hiring a professional property management company:- Expertise and Experience: Property management companies have the knowledge and experience to effectively screen tenants, assess rental market trends, and handle maintenance and repair issues promptly.- Time Savings: Managing rental properties can be time-consuming, especially when handling tenant inquiries, maintenance requests, and lease renewals.
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10 July 2024 | 6 replies
@John Mocker John, Thank you for such a comprehensive and informative Email.
12 July 2024 | 18 replies
What I do have is a title that shows only single family unit, and a county assessment that shows single-family.I don't have any rent receipts at all (which I find pretty surprising, considering my Dad was almost obsessive in his record keeping - us kids have recently just "ransacked" his office and found no records of rent).
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10 July 2024 | 6 replies
Hey Michael,When assessing the square footage of a property, it's crucial to have accurate information to make informed choices.
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11 July 2024 | 12 replies
With a high HOA and always the potential for future assessments when renting at a net negative, just sell it and get what you can and chalk it up to a learning experience.
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10 July 2024 | 10 replies
I would get a quote from Proper as they are usually the most comprehensive but the most expensive.
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10 July 2024 | 2 replies
Because PMI is insurance offsets risk so the rate is lower due to risk assessment.
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12 July 2024 | 40 replies
The lenders don't know what questions to ask, what due diligence to perform, or assess the risk they are agreeing to.
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9 July 2024 | 7 replies
I would use the BP rental calculator or www.rentometer.com pro report which are very comprehensive.
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9 July 2024 | 8 replies
And also engaged with institutional investors on a regular basis.I'm highly entrepreneurial and figured out that what I really want to do in my professional career is US multifamily investments.What I've done so far is selecting the markets I'm interested in (in TX), building a comprehensive financial model to analyze deals, and creating a very detailed due diligence list.