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3 December 2024 | 7 replies
Basically questions that the PM/co-host need to be able to answer without having to do any deep-dive analysis.Property-specific questions such as property improvement advice, revenue potential, etc. that involve deep-dive analysis might justifiably incur an up-front cost depending on the PM/co-hosts business model.
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29 November 2024 | 11 replies
They can do all the laundry while they are cleaning.
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2 December 2024 | 1 reply
I moved to Florida in 2017 and have been involved in 45+ flips and currently manage over 36 units throughout Tampa Bay.
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5 December 2024 | 17 replies
Ps I'm all about giving back, so I would be interested in helping out some high school kids for sure, or getting involved with mentoring somehow.
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26 November 2024 | 44 replies
Or clean it first and market it up 20k.
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2 December 2024 | 10 replies
Its certainly not "guaranteed return" - thats a word to always stay away from in real estate (in finance or even investing in general)high level - its because HMLs are going to be secured by the real estate, meaning in event of default, the lender can get the property to be made whole - somewhat trust is involved, but thats the main mechanism behind it
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30 November 2024 | 11 replies
Tenant also does a good job keeping the place inside clean.3.
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10 December 2024 | 39 replies
Our cleaning fees for the year were $40k, landscaping $2.5k, handyman $3k... all tasks that can be done by an operator and off set the loss of income from occupying the main house that brought in about $40k for 2024.My wife and I have decided that even though it makes good money, we have been in Texas for a year and we want to do something similar here and we are very much DIY people and don't want a PM company to run it to the ground.
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27 November 2024 | 7 replies
If it costs $500 to fill the oil tank and the tenant leaves it empty, that's $500 less you have to cover unpaid rent, cleaning, and repairs.
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25 November 2024 | 18 replies
We have expansive soils here (clay that expands when it gets wet) as well as some older cast iron lines and even some orangeburg so it's common to see sewer line issues (often just some tree roots that need to be cleaned then the line re-scoped).