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20 May 2024 | 7 replies
You should have her carefully choose a brokerage, find a reliable mentor there, and let them represent you both and take a 25% referral fee back form them and then she can learn from a pro how to do it.
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24 May 2024 | 259 replies
It has been a steady and reliable source of income for us.
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20 May 2024 | 88 replies
Failure to maintain the separate identities of the companies.3.
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19 May 2024 | 5 replies
It's not the easiest way to make money, you need to stay on top of the logistics of things, and keep a good relationship with FedEx, but it's steady money, and once the route is established and you have some reliable drivers, it's good income.
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20 May 2024 | 21 replies
They are professional and reliable and there prices are cheap. make sure to check them out
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22 May 2024 | 48 replies
Told me which ones he strongly thought would increase in value and which ones came with steady reliable tenants.
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18 May 2024 | 2 replies
Let's explore some effective approaches for managing investment properties:With a Property Manager:Screening and Selecting Tenants: Entrust your property manager to handle tenant screening, background checks, and selection, ensuring reliable renters for your investment.Rent Collection: Property managers can ensure timely rent collection and handle any late payments or lease violations professionally.Maintenance and Repairs: Delegate routine maintenance tasks and repairs to your property manager, who can coordinate with contractors and vendors to keep your property in top condition.Tenant Relations: Property managers serve as the primary point of contact for tenants, addressing their concerns and ensuring a positive rental experience.Lease Enforcement and Evictions: Trust your property manager to enforce lease terms and handle the eviction process if necessary, following legal procedures.Financial Management: Property managers can handle financial tasks such as budgeting, accounting, and financial reporting, providing you with regular updates on property performance.Without a Property Manager:Self-Management: Take on the responsibility of managing the property yourself, handling tasks such as advertising vacancies, screening tenants, and collecting rent.Outsourcing Specific Tasks: While not hiring a full-time property manager, consider outsourcing tasks like maintenance and repairs to trusted contractors or service providers.Utilizing Technology: Leverage property management software and online platforms to streamline processes such as rent collection, lease management, and maintenance requests.Establishing Clear Policies: Set clear policies and procedures for tenants regarding rent payments, maintenance requests, and lease terms to minimize conflicts and misunderstandings.Regular Inspections: Conduct regular inspections of the property to identify maintenance issues or lease violations early on and address them promptly.Building Relationships: Maintain open communication and positive relationships with tenants to foster a sense of community and encourage better care of the property.Whether you choose to hire a property manager or manage the property yourself, effective communication, attention to detail, and a proactive approach to property management are key to maximizing returns and maintaining the value of your investment.
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22 May 2024 | 90 replies
I don’t know if there will be some recourse to PayPal but it’s definitely business transaction.CashApp is free and takes 2 business days to get money into my account, however, I’m thinking if a tenant pays with credit card (you can attach debit and credit card to CashApp), then it might be same situation.My Tenants usually don’t have good enough credit for credit cards to pay rent, but potentially it’s possible.CashApp amounts to transfer depending on the bank of the Tenant: some can pay only $500/day, some had to pay fees because their account in a credit union.It seems like old fashion way to deposit money in the bank looks more reliable.
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18 May 2024 | 4 replies
For illustration purposes if a tenant or passerby trips and becomes hurt because of a premises liability event, if you discriminate against a tenant or buyer, fail to pay your contractor for work that was performed or any of the many fact patterns that could lead to claim exposure presents itself do you really believe your identity is going to stop a plaintiffs attorney from filing a claim, lien etc?
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21 May 2024 | 58 replies
And not that I would use it, but I have yet to receive the $250,000/$500,000 pre-approval they promised for all in attendance.Glass half full, they did provide certain meals, a couple of cocktails and a guided bus tour of investment "opportunities", which they applied considerable pressure for offers on, one with a suggested "ARV" that was at least $100k above highly reliable AVM (automated valuation models) I have access to.Overall, I say stay away, unless their Funding Tour comes within driving distance and then only so you can see for yourself.