Investing in energy-efficient appliances, insulation, and solar energy systems can increase your property’s appeal and reduce long-term operating costs.By paying attention to these economic factors, you can make informed decisions about property acquisition, pricing, and tenant targeting, ensuring a more robust rental strategy.

The investors that are buying into this development are very quality high and once the builder is out and the homeowners over the HOA, it will be a really well run system.

Ideally, you would want one that would share systems with you (spreadsheets, budget tracking, walkthrough checklists, etc) this would save you a ton in time and duplicated effort. 

Have your systems and processes in place to have the business become increasingly more autonomous (cleaning, pricing, property management software, automation, etc).

Hi Samuel,When considering how to pay off a loan faster, both methods you've mentioned—making a large principal payment at the end of each year versus bi-weekly payments—can be effective, but they operate differently.Large Principal Payments: Making a large payment once a year can significantly reduce your principal, leading to lower interest costs over the life of the loan.

Often times there are bedroom size requirements, residential sprinkler system requirements, among others.You'll want to then check the state regulation agency and review their requirements and licensing process. 

What are your favorite property management software systems of 2024?

You should ask a host of questions about how they handle situations and the systems in place - rent collections, maintenance, evictions, vacancies, etc.

Let’s start with some basics of realistic expenses offset versus unrealistic gold rush paradigms in a high cost, high tax, low occupancy state:You’re not getting 20% CoC.

These systems not only make life easier for you but also for your tenant.