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16 January 2025 | 6 replies
My manger does this all the time.He has an inspection done to verify all the maintenance issue and has someone video the property to verify all the marketing issues.
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24 January 2025 | 36 replies
Is it a common issue for beginners to get a PM on board with only 1 property to manage to start?
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17 January 2025 | 5 replies
Everything is subject to your state's laws.
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11 January 2025 | 7 replies
The law allows you to charge for ALL cleaning, including trash removal.
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14 January 2025 | 10 replies
I’d love to hear about the crime rates or any other issues (which we cannot guess from the online stats), and how easy or hard it is to find reliable tenants and property management companies.
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14 January 2025 | 8 replies
Invoices go into the CC account the same as they would in the AP account and are attributed to the vendor who issues them.
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7 January 2025 | 12 replies
Multi-family properties many times provide a better return per square foot than single family, which would be to your advantage as well.As long as you're mindful of the reinvestment requirements and purchase at least as much as you sold and use all of the proceeds, you shouldn't have any issues with this strategy.
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12 January 2025 | 12 replies
A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.
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15 January 2025 | 11 replies
This issue, while easy to solve, only came up at the end of the process.
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3 February 2025 | 32 replies
Otherwise you will quickly run into scaling issues.