Mike C.
2024 Rentlinx Alternatives - Snake Oil or Real Leasing/Rental Syndication Providers
2 August 2024 | 4 replies
This company operates precisely the same as ShowMojo.
James McGovern
Banning Tenants from Displaying Democratic Posters on My properties
2 August 2024 | 4 replies
I am thinking about updating my lease to prevent tenants from displaying Democratic Posters of any one running for elected office that champions ideas such as Rent Control, Gun Control or other anti-landlord ideologies.
Carlos Quiros
Multifamily Real Estate Questions
1 August 2024 | 13 replies
It will be essential to have precise estimates for prospective rental income and insurance expenses when determining whether or not your investment is feasible.
David Lamb
What Phase of the Real Estate Cycle are we In?
1 August 2024 | 5 replies
I think Southern California (my area) is precisely the "most affected" area of which you speak, hence the trepidation of engaging in current flips.
Yoav Schatzberg
Question on whether a deal is worth it
2 August 2024 | 11 replies
Cash-flow is easier to predict and manage/control.
Thomas Sehon
Mold tests in the south
3 August 2024 | 4 replies
Many foundation repair companies (and some pest control) offer services for crawlspaces, to include mold remediation, encapsulation, etc.
Jorge Abreu
Thorough Due Diligence: Financial and Physical Property Assessments
31 July 2024 | 0 replies
On-site evaluations allow you to examine the property's condition, identify potential difficulties, and precisely estimate renovation costs.
Collin Stoffel
Real Estate Investing Analytics Platform!
2 August 2024 | 5 replies
Nothing is charged until the trial ends and you have full control to end your membership at anytime before you are ever charged.
Engelo Rumora
ATTENTION PROPERTY MANAGERS ‼️ I Need Your Help
1 August 2024 | 71 replies
G'Day everyone,The team (@Dominique Osborn, @Sean Mahoney) and myself have an opportunity to on-board 189 units.This would be a very nice "chunk" of new business but to be honest, I'm inclined to pass.I have always believed in doing business on your terms and for terms not to be dictated by someone else.Especially when you are looking to hire us/me to do the work for you.Also, business done right needs to be a win/win for all involved and this doesn't seem like a win for us.I do however understand the caution and reluctancy to "let go of the reigns" per se as many landlords get screwed by property managers.But at the end of the day, you have to "let go" and let someone else do it or just do it all yourself.I'd love your advice on the suggested terms given to us below:1) In AppFolio they want admin level access to their account.2) They want a standardized list for maintenance items so they know in advance what repairs would cost.3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $3006) They want tiered PM Fees based on occupancy.... for example (their example): at 90% they would pay 8% PM fees, at 70% occupancy they would pay 2% PM Fees, and at 50% occupancy we would part ways.The deal breaker in my opinion is points 4, 5 and 6.With the lack of oversight/control on maintenance we have little control over the occupancy and it kills our process and efficiency.So in a way, we are destined to fail from day 1.Also, if someone does want so much control why not just self manage.The unit count justifies hiring 1-2 full time people to run it.Otherwise, let us do our job.
David Kohli
Investing in Real Estate in Germany/ Investors in Germany
30 July 2024 | 1 reply
Many of you probably know the „german“ way of doing things...The stereotype would be the punctuality and precision of the people and the public authorities.The reality is the following: a lot of barriers and long approval processes as well as legal restrictions when it comes to owning and handling capital.