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5 June 2024 | 3 replies
Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?
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5 June 2024 | 21 replies
If you are looking for more cost-effective options you can try roor.io or salesmate.io I have not used them yet but I am looking into them for alternate solutions.
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3 June 2024 | 1 reply
Has anyone had experience with Shore Funding (shorefundingsolutions.com) out of Long Island? Just looking for feedback. Not a lot of info on their site, and their marketing team is pretty aggressive. They only require...
5 June 2024 | 2 replies
Some call it partnering but the better solution is Joint Venturing.
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6 June 2024 | 57 replies
Software solutions like Kinnovis and Easy Storage Solutions offer features such as unit rentals, payment processing, and record-keeping.
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4 June 2024 | 1 reply
This could be a solution for both of us I feel.
5 June 2024 | 1 reply
Sometimes the solution is to team up with an investor in what is called a Joint Venture.
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5 June 2024 | 10 replies
Make sure you have a solution going into this.
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4 June 2024 | 1 reply
If there is no mortgage balance you can try a seller financed solution..if there is a balance, it is possibly assumable?
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4 June 2024 | 2 replies
Can anyone recommend a lender or possible solutions to move forward.