1 July 2024 | 4 replies
High lead quality is crucial for effective sales follow-up.Technology and Tools: Companies that use advanced CRM systems and analytics tools tend to provide better insights and more efficient lead management.Customization: Look for companies that tailor their services to your specific needs and industry.Transparency: The company should provide clear and regular reporting on campaign performance and KPIs.

1 July 2024 | 4 replies
I speak with FSBO regularly that could’ve sold their properties a long time ago with a professional..not exposing a property to the MLS effectively removes all potential buyers working with a buyers broker (80-90%?)

1 July 2024 | 4 replies
The line will be over $500k so most banks process it similar to a regular home loan.

1 July 2024 | 23 replies
@Darson Grantham has regular meetups (I go to the monthly Tues one) and I would highly recommend that for you.

30 June 2024 | 9 replies
Both Grasshopper and Bluevine also offer regular checkbooks if you want.

3 July 2024 | 55 replies
We regularly recommend 1.5 - 3% increases at the end of each lease.
28 June 2024 | 10 replies
Converting your single-family home into a rental property involves several considerations to protect yourself and ensure smooth operations: Establish an LLC:Liability Protection: Holding the rental property in an LLC can protect your personal assets from potential lawsuits related to the property.Tax Benefits: An LLC can offer tax advantages, such as pass-through taxation, where rental income is taxed at your individual income tax rate.Insurance:Landlord Insurance: Ensures coverage for property damage, liability claims, and loss of rental income.Umbrella Policy: Provides additional liability coverage beyond your landlord insurance, offering extra protection.Deductions:Mortgage Interest and Property Taxes: Continue to deduct these expenses.Depreciation: Depreciate the cost of the property over 27.5 years, excluding the land value.Maintenance and Repairs: Deduct costs related to maintaining the property.Property Management Fees: Deduct fees paid to the property manager.Filing Taxes:Schedule E: Report rental income and expenses on Schedule E of your tax return.Separate Accounts: Maintain separate bank accounts for rental income and expenses to simplify bookkeeping.Lease Agreement:Solid Lease Terms: Ensure your lease agreement is thorough, covering rent amount, due date, late fees, maintenance responsibilities, and eviction terms.Legal Review: Have the lease agreement reviewed by a real estate attorney to ensure compliance with local laws.Tenant Screening:Background Checks: Perform credit, criminal, and eviction history checks on prospective tenants.References: Contact previous landlords and employers for references.Property Management:Regular Inspections: Schedule regular property inspections to ensure it's being maintained properly.Maintenance Fund: Set aside a reserve fund for unexpected repairs and maintenance.Moving Out of State:Communication: Maintain open communication with your property manager.

1 July 2024 | 28 replies
Additionally youll want a deep bench of backups in case your regular service providers fall through.

2 July 2024 | 73 replies
Regular long term rent: $750Airbnb ( only opened 2 months ago) : earning about $2800 on a not peak season. looks like it may hit the 4000 mark in April/May peak season....It is no more than 5 hours of work per week if you do it efficiently and find a reliable cleaning crew.

29 June 2024 | 26 replies
Katrina (who owns Dove Realty) and her husband David, who often does handyman stuff are regular people who just do their job.