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29 May 2024 | 30 replies
.: •Curbio develops a strong reputation for quality and efficiency•Homeowners are attracted to Curbio’s ability to get things done efficiently, reliably and cost-effectively (no nightmare renos that go on forever)•Curbio continues to enlist realtors as strategic sales partners, by devising a referral commission program for them, to mitigate channel conflict•Curbio maintains sufficient decision-making control (e.g. project types; material & appliance options)•Homeowners are given sufficient preference choices within strict guidelines (e.g. color palettes; good-better-best options materials)But I suspect one of these two growth scenarios for Curbio might happen beforehand:•Expand current offerings to owners of rental properties•License technical infrastructure and processes to qualified contractors
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30 May 2024 | 17 replies
I think when you hire a PM you have 3 choices 1) A very small local provider (<15 units) and they tend to me 1-2 person operations, they are the one unclogging toilets, answering guests, etc and it is tough to do everything, so things lack. 2) A large/nationwide provider where you are only a number and they usually lack local resources 3) A mid size local provider who have resources and you are not just a number.Through effective revenue management with a revenue manager, and being listed on 15+ sites including Marriott Homes & Villas, JetBlue and Allegiant Airlines, Hyatt and Amex Travel (coming soon) we are bringing in more revenue than most can self managing, offsetting our fee.One of the top questions I tell people to ask their manager is the fees, who keeps them?
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30 May 2024 | 63 replies
These are fears you have to live with in REI, and choices which have consequences that you have to make.
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31 May 2024 | 187 replies
Looks like a solid 10 years of hard work and smart choices did it for you.
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29 May 2024 | 20 replies
Ultimately, the choice hinges on financial situation, available time, and interest in gaining management experience.
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29 May 2024 | 15 replies
Hi, please always consult lenders regarding your questions that is best choice.
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29 May 2024 | 13 replies
That is a choice you'll have to make based on risk and your wealth building portfolio.
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31 May 2024 | 44 replies
Now I am looking back, hiring them was a big mistake, letting them go was a hard, but very Right choice I made in that circumstance.
28 May 2024 | 19 replies
Or does it purely my choice of whether I want cash flow or equity build?
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28 May 2024 | 8 replies
If you just have a couple of rentals, a cheaper and simpler module like Buildium would be a good choice.