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19 October 2024 | 14 replies
Check on the property regularly to make sure it's not sitting vacant with a wide open door.
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21 October 2024 | 176 replies
I remember going to conferences in 2016-2018 and everyone was saying hold your cash there is going to be this huge dip and you can clean up..
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16 October 2024 | 9 replies
The service company can attempt to extend its life by cleaning the condensing unit, replacing the aged AC capacitor and contact, and checking for R-22 levels.
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16 October 2024 | 18 replies
All the mods are regular people (I think).
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16 October 2024 | 0 replies
- Proactive Tenant Management – Focusing on a solid tenant screening process and keeping up with regular communication and maintenance has helped cut down on vacancies and avoid evictions.- Tech-Driven Operations – Using property management software for things like rent collection, maintenance requests, and communication has made everything smoother and saved a ton of time.- Curb Appeal & Upkeep – First impressions matter!
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18 October 2024 | 4 replies
Save the money, clean it till it shines, maybe basic improvements like a few new light fixtures or at least matching/bright lightbulbs, maybe a few new faucets, some paint touch ups and sell.If you’re hiring a Realtor®, they can tell you pricing in current condition versus pricing with a few minor changes.
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17 October 2024 | 9 replies
That means it gets hit with both regular income tax and self-employment tax (Social Security and Medicare).
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16 October 2024 | 2 replies
I'm on the fence with a mid grade carpet that gets replaced with each tenant, versus a higher quality that can stand up to stains and cleans well.
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16 October 2024 | 1 reply
We have a pretty solid lease that has served us well on our properties but on the most recent move-out by a long-term tenant that always paid early, we had to clean from floor to ceiling and everything in between.
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14 October 2024 | 3 replies
Can you keep it rented on a regular basis?