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23 December 2024 | 2 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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27 December 2024 | 4 replies
Another issue is that many lenders do not lend below 630-650 FICO/credit score.
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27 December 2024 | 2 replies
The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.
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24 December 2024 | 17 replies
I am in Milwaukee, very hot rental market.Whenever you have an issue like this, think with an XLS and project dollars, for example:- 2 months lost rent: 2 x $2000- 5% lower purchase price: $15,000
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23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
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26 December 2024 | 8 replies
Now, with taxes, insurance, and interest higher and rents not keeping up with property values, most investors are putting more down to get the properties above a 1.0X DSCR. 80% is acceptable, but the issue is getting the property to cash flow at the higher amount.
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25 December 2024 | 2 replies
We tried to sell in 2023, but the tenant had health issues, so we decided to let them stay.
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26 December 2024 | 27 replies
Furnished Finder is what we use to list all of our mid-terms and don't typically have any issues finding tenants.
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27 December 2024 | 21 replies
I don't forsee any asbesto issues.
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26 December 2024 | 7 replies
My issue with management is how they sometimes handle turns.