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4 September 2024 | 10 replies
We're focusing on presenting ourselves through a pitch deck and other outlets to make a strong impression.
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4 September 2024 | 3 replies
Collectively, they are known as "Turnkey" rental providers.
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5 September 2024 | 9 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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5 September 2024 | 11 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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5 September 2024 | 20 replies
@Adam Pervez your journey so far is really impressive!
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3 September 2024 | 15 replies
@Andres Rodriguez and @Srikant Puvvada Southern Impression Homes is a pretty reputable group from what I've heard, but I haven't interacted with them myself.
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3 September 2024 | 10 replies
I got the impression they considered the rental software an afterthought and it showed.
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4 September 2024 | 13 replies
The team is based in Bolivia, Argentina, Honduras, and Pakistan.All agents are paired with a supervisor and trainer to offload a lot of the day-to-day responsibility and management from the operator's sizeThe agents help operators set up a 24/7 front desk team (Guest services/communications), manage overnight emergency shifts, create and optimize listings, revenue management, dispute negative reviews, manage Airbnb claims, in-house vendor management, bookkeeping & sending owner statements, manage collections, digital marketing, and other back-office tasks.Nonetheless, happy to chat.
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3 September 2024 | 5 replies
I want to occupy one of the units, my preference would be the 2/1 so I can collect more rent from the 3/2 to go towards my mortgage.
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3 September 2024 | 7 replies
Do I still use my business accounts to collect rent for my duplex even though it's not held in the llc?