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30 September 2024 | 12 replies
This usually involves using ground-penetrating radar (GPR) to scan for the remains, but there was one small problem—GPR is only effective up to about 15 feet deep.
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27 September 2024 | 9 replies
Instead, a hybrid approach could be more cost-effective and aligned with your goals.Why Full-Service Property Management Might Not Be Necessary:Based on my experience, Evolve is a popular "half-service" property manager, which means they handle tasks like creating professional listings, managing dynamic pricing, guest communication, and advertising on platforms like Airbnb, Vrbo, and Booking.com.
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24 September 2024 | 6 replies
Hi Michael,Your qualifying script is strong, but a few tweaks could make it even more effective.
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26 September 2024 | 2 replies
In 2020, I added wholetails, novations, and double closes to my toolkit, which allowed us to consistently achieve higher profits and scale our operations effectively.
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27 September 2024 | 10 replies
This could result in higher quality tenants sooner and keeping them longer, all which have more than quantifiable effects.
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25 September 2024 | 2 replies
Should I send a notice out to my current tenants that their rent would be raised to $1400/m effective Nov/Dec 1st and if they can’t do it that they would need to leave by then?
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24 September 2024 | 2 replies
Using a service to report rent debts to Credit Bureaus can be very effective at recovering those debts because it can impact their credit report and score for years to come, typically 6-7 years depending on location.
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27 September 2024 | 17 replies
For analyzing properties, BiggerPockets, DealCheck, and Roofstock are great tools to evaluate cash flow, ROI, and cap rates effectively.
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25 September 2024 | 17 replies
I’ll play Devils Advocate and recommend paying off the debt first.
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25 September 2024 | 7 replies
Renters:A-Class: Ideally 90% or more homeowners.B-Class: 50% homeowners and 50% renters.C-Class: Predominantly renters.Land Value:In A-Class areas, land should be worth rebuilding and upgrading.In B-Class areas, rebuild as-is if the property were destroyed.In C-Class areas, it might be better to sell the land if it’s not cost-effective to rebuild.Crime Rates:Use resources like Trulia.com to gauge crime levels.