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11 October 2024 | 11 replies
Their top priority is getting their residents placed in great housing, but right behind that in priority is getting them placed efficiently.
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8 October 2024 | 6 replies
It's most beneficial if you have multiple properties or plan to scale.This would be more for operational efficiency at your level.
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11 October 2024 | 13 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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11 October 2024 | 7 replies
Then I get STR data from AirDNA to ensure it's well above 1.5x LTR data.
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11 October 2024 | 5 replies
I would provide notice that ownership has changed and ensure they understand the payment process and expectations.
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10 October 2024 | 13 replies
Not sure how bad the mini splits would be, but they are very efficient and work really well.
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6 October 2024 | 1 reply
Define and Standardize Core Business ProcessesA scalable business requires well-documented and repeatable processes to ensure consistency, quality, and efficiency as you grow.
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11 October 2024 | 13 replies
Many investors also use buyer’s agents who specialize in remote purchases to ensure you're getting unbiased feedback.Regarding North Austin, it's a strong market for rentals with growing tech and job opportunities.
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14 October 2024 | 22 replies
This ensured I had funds available for a cash purchase at any time.
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10 October 2024 | 2 replies
At this stage, you want to ensure that the property is cash-flow positive, meaning the rent covers expenses and leaves a profit.4.