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8 December 2024 | 8 replies
I would also ask about your area specifically about how it is covered.
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5 December 2024 | 20 replies
If it wasn't, then you should consider covering the cost until you can correct it in your next lease.
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7 December 2024 | 33 replies
That way if you have vacancy in one unit, you still have the other that can at least cover some or all of your expenses.
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2 December 2024 | 4 replies
It gives a good picture of the market and trends but it’s hyper localized in this MSA market.
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3 December 2024 | 12 replies
Once the municipal/state requirements are all set, do a thorough screening for any prospective tenants, have a solid lease ready to go, and take move-in pictures to have on record for any security deposit deductions after they move out.
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3 December 2024 | 6 replies
Ensure they send pictures and reports so you can monitor progress.4.Hire Trusted Contractors: Work only with contractors who come highly recommended by people you trust.
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5 December 2024 | 11 replies
As your base level of knowledge grows, you will start to develop a clearer picture on the things you want to do, and where you skill sets lie, which can narrow down who you may want for partner.
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2 December 2024 | 14 replies
Always ask for references and examples of similar projects (pictures)The Red Flags you have to Avoid:Lowball bids (too good to be true often is).Poor communication or delays in responding.Hesitation to provide references or sign a detailed contract.Cash-only deals or pushy behavior to secure the job.
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9 December 2024 | 15 replies
I don’t believe a tenant can stay forever, and I can cover the extra payments and lawyer fees for up to two years for the tenant who will be harder to remove.
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4 December 2024 | 3 replies
Hey Chris, If your agent is only using RCM, they might not be familiar with platforms like Costar or LoopNet (which honestly should not be the case), or they simply may not have the budget to cover the upfront listing fees, which can get pricey.I’d circle back with them, address the plausible elephant in the room, and try to figure out a game plan to get your property on these other platforms.