17 January 2025 | 5 replies
You should fire them right away and talk to an attorney to prevent the loss, but I wouldn't expect much and it could be a waste since a company that does this will not have the money to do anything.When you have just one unit and you are looking for PM companies, your options are the bottom of the barrel because it's not a good use of the big one's time.
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9 January 2025 | 5 replies
If the bank prices their debt based on the fed rate you typically see WSJ Prime + 1%.
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13 January 2025 | 5 replies
Starting with remote investing, like in Charlotte, can be an option, but it might be worth exploring local opportunities in Orange County too.
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17 January 2025 | 13 replies
This will show you that people have options to go out and pick another house over your place.
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8 January 2025 | 11 replies
**Navigating Inspections**: Section 8 inspections are stricter than typical tenant move-in inspections, and that can be a hurdle.
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14 January 2025 | 0 replies
Use Automated Follow-Ups to Build RelationshipsMost deals aren’t closed on the first contact, which is why follow-ups are essential.Example Workflow:Day 1: Send a thank-you email after a seller contacts you.Day 3: Share a case study of a seller you helped.Day 7: Send a friendly reminder with a call-to-action like “Let’s schedule a quick call to discuss your options.”Pro Tip: Mix email and SMS follow-ups to keep the conversation warm.Why It Works:Automation saves you time while nurturing leads until they’re ready to sell.3.
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17 January 2025 | 14 replies
TY You have a few different options, but a cashout refi on the free and clear property is probably simplest.
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11 January 2025 | 7 replies
@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.
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27 January 2025 | 27 replies
Hi Jimmy,Thanks for the feedback, we have considered Columbus in our analysis and while its great option considering how well the appreciation amounts, i doubt we would find a multifamily in our budget within those appreciating markets.