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7 December 2024 | 8 replies
If you do, figure how many of these things you’d really fix, what that would cost, and how much of that you’re willing to cover.
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9 December 2024 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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17 December 2024 | 42 replies
Now, if the loan is non-performing and has not been paid and there is no longer such a relationship with that customer, there could be sales to anyone willing to buy them, such as an auction, but the borrower is made aware of this as well, if notice can be given.I'm also speaking of a bank loan, not a secondary market loan that was sold and securitized as Dion covered.
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4 December 2024 | 30 replies
Can it consolidate all the properties into 1 report to see the overall picture?
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10 December 2024 | 16 replies
I feel there is potential for it to be a good MTR if I advertise and take pictures properly.
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2 December 2024 | 10 replies
I simply take a picture, text it to the tenant and they add the payment to their next month’s rent payment.
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9 December 2024 | 5 replies
It covers all of my rentals up to a certain amount.
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5 December 2024 | 4 replies
This frees you to focus on higher-value tasks like growing your portfolio, owner communication, and big-picture strategy.2.Adopt a Portfolio Management Structure: Early on, I ran a departmental structure (separate teams for maintenance, leasing, collections, etc.), and it caused inefficiencies and communication breakdowns.
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2 December 2024 | 7 replies
I also make it clear we will record inspections with pictures or video.I don't address hoarding specifically.
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7 December 2024 | 25 replies
We keep in touch and she has been helpful in connecting me with a contractor and subs.Michelle Saroni (520) 403-3379 Hi Melissa, I'm in the process of covering detached garage to an ADU, curious, how's it coming along?