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26 June 2024 | 3 replies
Take Photos: Capture images of the incomplete work, the removed alarm system, and the broken tile.Written Records: Keep a written record of all communications with the contractor, including dates and details of conversations.Scope of Work: Check the contract to see if it explicitly mentions the removal and reinstallation of the alarm system, as well as any handling of fixtures like the fireplace tile.Breach of Contract: Identify any clauses that the contractor has violated by not completing the work or causing damage.Formal Letter: Write a formal letter to the contractor outlining the issues, referencing the contract, and requesting a resolution.
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26 June 2024 | 1 reply
For now- Zillow’s for sale by owner listing process will not work, I’ve been communicating with their help desk.
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28 June 2024 | 100 replies
Not knowing what to do, they probably didn't even know what to say, so they buried their head in the sand.I'm not justifying this behavior, I find it repulsive, but I've seen it so many times in the decades I've been in this industry that I'm just reporting what history has taught me has likely happened here.It sickens me to be the one to deliver this news--the sponsor should have kept you informed every step of the way and failed in their most basic duty--to communicate with investors.
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26 June 2024 | 4 replies
Hopefully, it doesn’t come to that and clear communication with the tenants can prevent any future issues.
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25 June 2024 | 37 replies
Allie is my Portfolio Manager and she is very communicative and responds to my emails in a timely manner.
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25 June 2024 | 14 replies
Reposting my response from that other thread you had here again:Going to say this be great care as it is emotionally difficult to process, speaking from experience.
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25 June 2024 | 2 replies
Here are some key points to consider:Accessibility: Residential properties are often more accessible to individual investors, especially those starting out with smaller capital.Tenant Stability: While turnover can occur, residential leases tend to have shorter terms, offering more flexibility if you want to adjust rents or change tenants.Market Liquidity: Generally, residential properties are easier to buy and sell due to higher demand from individual homebuyers and investors alike.Emotional Appeal: Homes and apartments can have a strong emotional appeal to buyers and renters, which can influence demand and pricing stability.Purchasing: Residential real estate will require a down payment of at least 10% of the purchase price.
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26 June 2024 | 11 replies
One of the top priorities is having an investor friendly Realtor and utilizing their network to help build a team that has great communication with each other.
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23 June 2024 | 13 replies
Instead of explaining that they haven't planned the work out to that level of detail yet and getting back to you with answers they don't want to admit they can't answer on the spot and respond with frustration because they don't know how to handle the situation and are emotionally immature.
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25 June 2024 | 17 replies
I even use Skype and TeamViewer to communicate with clients so I'd highly recommend looking for one of the best with great references that interviews well with you.So look for someone you can connect with that works out for your situation.Feel free to ask here if you have questions