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7 October 2024 | 34 replies
Similar to you, I wanted to find somewhere less expensive, still close to the Bay Area (drivable), but without the high property taxes, more favorable tenant/landlord laws, no state income tax, and consistent job/population growth.
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4 October 2024 | 2 replies
None of these changes were communicated until right before closing.
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2 October 2024 | 8 replies
You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.
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6 October 2024 | 12 replies
This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".
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4 October 2024 | 10 replies
In hindsight, I could have communicated better, so I’m sharing my experience for other hosts.Guest booked an 11-night stay.
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4 October 2024 | 3 replies
And if you are subscribed to a monitoring plan that includes cellular backup, your Base Station will still communicate with our cellular connection back-up."
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4 October 2024 | 11 replies
Sentimental value can be a significant barrier to selling, so creating a level of trust and understanding is crucial.One strategy is to consistently follow up over time without being pushy.
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3 October 2024 | 17 replies
He apologized for the lack of communication.
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4 October 2024 | 5 replies
The complex consists of 4 buildings with 2 units each, current rent is $650/unit for a total of $5200 in rents.
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4 October 2024 | 12 replies
I have a "friend" that has an apartment unit that consistently has bad tenants.