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8 November 2024 | 17 replies
That means you haven't put in place the details for how you want to approach managing tenants/properties.
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31 October 2024 | 3 replies
Not sure if the fits in this category for investor mindset, but here goes...I want to be an investor, but am not having the easy time get starting with this. I had a job and recently lost it. But it did not have the p...
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3 November 2024 | 4 replies
HH properties (and often HH clients) are high resource utilization accounts for a PMC, so many PMCs won't take them on, or will only take them on with the understanding that the property will be converted to a single-lease property (we do still use this approach.)
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6 November 2024 | 17 replies
This approach lets you get closer to the market rate over time without shocking the tenant, especially since she’s been a good tenant.It’s also a good idea to explain to the tenant that you’re trying to bring the rent in line with current market conditions, and if she’s open to a longer-term lease, you could even keep the rent at the current level for another year.
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4 November 2024 | 1 reply
As we approach 2025, this trend is expected to accelerate.
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2 November 2024 | 10 replies
Hi everyone, I recently got approached by a company called find dream rentals.
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3 November 2024 | 1 reply
Negotiations focused on a win-win approach, securing the property at $197,000, aligning with market value, while setting us up for a profitable resale with a trusted buyer on the same day.
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31 October 2024 | 15 replies
If not, nearly any other brokerage will be at least half of that... plus there are countless others that won't charge a fee regardless of the sale price!
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1 November 2024 | 8 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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5 November 2024 | 34 replies
LTRs are a great way to approach real estate, and it sounds like you are doing very well in that space.