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26 August 2024 | 4 replies
You may pay a bit more and make a little less, but playing the long term game is key in real estate.The types of structures could be lump sum (one price) or cost plus (meaning you pay the cost of material and labor plus a flat fee—more of an open-book model).I see some investors who want to pay for ALL the materials, which is excellent for the investor (more control of finishes & cost) and general contractor (if they are getting paid well).
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26 August 2024 | 10 replies
@Ross Hayes I know it’s difficult wondering what to do, as I’ve seen my fair share of pet damage, but honestly once you put some screening processes and money attached to it, you will see that majority of pet owners are pretty good.
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26 August 2024 | 6 replies
I’d be disappointed at flat rents, I can’t imagine a 15+% rent crash.
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27 August 2024 | 10 replies
This will be a detailed inspection of every room, ceiling, floor, plumbing, smoke/CO2 detectors, window treatments and screens, etc.
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25 August 2024 | 4 replies
My insurance company stated they will not be renewing my property insurance policy due to my flat roof.
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29 August 2024 | 23 replies
For example, we once charged a flat $300/month to do bookkeeping for up to 5 properties and roughly 5 different accounts.
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25 August 2024 | 9 replies
Hello, Newbie here. Just have 1 unit /condo in chicago loop, that is now available for renting. Hence I dont use a property manager/management company for this unitPosted on Zillow , total of 6 applicants. 2 very in...
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26 August 2024 | 5 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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26 August 2024 | 9 replies
Just tried to hire one myself and they seem so afraid of housing authorities, they have minimal criteria and make no effort to screen.