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29 January 2025 | 25 replies
The utility company missed an appointment and no communication from them or action to even reschedule.
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22 February 2025 | 13 replies
Keep things above board and hire people who have good accounting and communication.
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17 January 2025 | 5 replies
The next option is to get the device (you can get on Amazon) that shows the meter for what one unit is pulling versus the other.
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31 January 2025 | 27 replies
Quote from @Samuel Kim: Quote from @Tim Delaney: Does she handle all the tenant communication?
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19 February 2025 | 26 replies
At this stage of your life, communication skills are most important so be sure to develop those.
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28 January 2025 | 15 replies
She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.
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18 February 2025 | 21 replies
3) Has the PM communicated with you weekly on results?
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22 January 2025 | 0 replies
Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.
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27 January 2025 | 13 replies
Document all your efforts, including repair invoices and communications, to show you’re acting in good faith as a landlord.
20 January 2025 | 6 replies
Make sure to communicate your BRRRR strategy with your insurance agent so they can recommend the right coverage for each phase.I learned this lesson the hard way: https://www.biggerpockets.com/forums/853/topics/1222933-my-b...