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2 October 2024 | 0 replies
Working/hiring workers from 3+ hours away can be challenging.
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2 October 2024 | 0 replies
Working/hiring workers from 3+ hours away can be challenging.
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2 October 2024 | 16 replies
As for the 10% fee for overseeing setup, I understand this is in addition to the cost of hiring someone to physically set everything up.
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3 October 2024 | 10 replies
Either an in house maintenance person with HVAC certification or you have to hire out subs for the various jobs.You can always contact PM companies and ask them what they budget per unit for maintenanceGino
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1 October 2024 | 7 replies
Definitely hire one for a property damage claim, auto claims its not necessary.
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3 October 2024 | 14 replies
Once you've scaled to 40-50+ units, then you could hire an in house PM and that could cut the costs.
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1 October 2024 | 37 replies
Hire a property manager.
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4 October 2024 | 9 replies
Otherwise, as @Nathan Gesner points out, it can be MORE expensive than hiring the right professional.ALSO:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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2 October 2024 | 4 replies
@John Arena you may want to review your property management contract in detail to understand what services you hire them to perform.We find that many STR PMCs are NOT really PMCs, but are Guest service companies.
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2 October 2024 | 7 replies
See if F-Street/The Hard Money Company is hiring.