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4 February 2025 | 13 replies
Yes, agree with the above:--good communication with your insurance company--liability insurance-- fencing, signage and safety measures in place
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22 January 2025 | 0 replies
Poor or No Communication PlatformsEffective co-living communication platforms are characterized by:1) usability2) accessibility3) commitment of involvementThis can be done through house email lists, whiteboard, group texts, etc.
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27 January 2025 | 11 replies
The squeaky wheel wins in development so I'd recommend you staying on all communication with the city so that you can see the communication and push as the owner.
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31 January 2025 | 2 replies
.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.
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19 February 2025 | 32 replies
Because you can assume no Section 8 tenant has good credit, my leasing decisions had more to do with meeting each tenant myself to get a gut feeling based on their communicativeness, timeliness to showing, what questions they asked, whether they looked me in the eyes or avoided eye contact, etc.The downside of section 8 was the annual, then bi-annual, inspections.
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26 January 2025 | 5 replies
You want a platform that has built in TCPA protections as well as a multiple communication channels besides voice such as SMS and email.
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18 February 2025 | 24 replies
To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.
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27 January 2025 | 15 replies
Be prepared to follow up multiple times, using different forms of communication—calls, emails, and if possible, in-person visits to their office.
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16 February 2025 | 28 replies
On the other side, the bigger companies have more experience and their numbers tend to be more accurate (not always)... as they are big companies "their costumer service" and communication is better but at the same time they "have more mouths to feed" if we need to be honest so can get a bunch of ok or good deals but I kinda doubt they will be great (just my personal candid opinion).
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15 February 2025 | 14 replies
This requires vetting their claims by reviewing EDGAR filings, property records, court records, Secretary of State filings and communicating with those who know more like city government, a more experienced investor, etc.