
14 November 2024 | 19 replies
I'm trying to figure out if I can get the consistency in MTR for the price I need to cover the mortgage.

18 November 2024 | 27 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

18 November 2024 | 17 replies
Waco is a great rental market because there are so many blue collar jobs that provide consistent demand for housing (I have heard that 80% of homes in Waco-proper are non owner occupied) but there is a lack of white collar jobs that would keep Baylor graduates here or bring working professionals from Austin/Dallas.

14 November 2024 | 30 replies
It performs better as a short-term, but it also took more work, sat vacant longer, and we had to worry about it more.

15 November 2024 | 6 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
14 November 2024 | 5 replies
Year leases offer consistent income (less chance of vacancy), and tenants can plan to vacate after a year.

18 November 2024 | 14 replies
So far the high season is performing much better than the off season, but not as well as 2019, 2021, or 2022.

15 November 2024 | 3 replies
If you get a lot of properties it would be fun to have the first tab pulling data for metrics on portfolio performance, monthly cash flow, expenses, etc.

11 November 2024 | 10 replies
Why should they care about the long-term tenant performance?

14 November 2024 | 1 reply
Purchase price: $320,000 Cash invested: $15,000 Property consists of 4 quadplexes (16 Units), 8 two bedroom units and 8 one bedroom units.