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20 March 2024 | 4 replies
This is a great website that should definitely be utilized.Electronic Locks / Lockbox - Day 1, I have a handyman set up electronic locks on the front and back of the property and set up a lockbox on the premises for contractors.Welcome Letter - Day 1, I provide the welcome letter going over the new ownership and any other applicable information.These should be a good starting point.
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22 March 2024 | 22 replies
I think for the average 1 rental owner, it's simply too much fuss, and the opportunity cost of that time and energy is either relaxing, or doing other things to maximize bookings like interior design.I think the industry in general suffers from bombarding new hosts with 10,000 things to do in month 1 (OTA, direct booking sites, linking calendars, specific smart locks, etc.) when in reality most owners should probably list on the most relevant platform for their area in year 1, develop a rhythm and learn a few basics, and then start looking into improvements from there.Certainly with multiple properties it starts to become a more compelling argument.
20 March 2024 | 4 replies
A woman who inherited a home in New York City full of people squatting illegally was arrested and led away in handcuffs after she changed the locks.
Adele Andaloro, 47, was placed under arrest at her $1 million hom...
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20 March 2024 | 2 replies
There is plenty of office support, AppFolio software, I am open to bumps in commission/bonus structure -- portion of rent raises, lock changes, identifying more MF buildings, commissions IF we decide to sell any properties, etc.
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20 March 2024 | 1 reply
Are these tenants locked into long term leases?
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22 March 2024 | 81 replies
I am all ears and genuinely interested in the SEO stuff.
20 March 2024 | 0 replies
The Daily, the NY Times Podcast - discusses the recent NAR bombshell decision that rocked the real estate world.BTW - Did you know that the NAR owns the company that makes the lock boxes that agents use every day?
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20 March 2024 | 2 replies
There is obviously a formal lease, and we also supplement with a room mate agreement which outlines the more specific things like overnight guests and expectations in dispute resolutions/ cleaning/ care for the home and appliances, etc.I haven't received one formal "LL request" email yet, other than a formal 30 day notice in the event of a move out, which is usually after they've come talked to me in person about it to begin with. if there's an issue, it tends to be pretty limited to "hey, we have this shower rod falling off"... which im usually here to deal with (and tbh most of the time they like to fix it up with me), and it doesnt need to turn into a big thing. as for keys, i have the house on a yale smart lock, so 'handing over keys' is just official move out, walkthrough of the room for damages, and then I can delete their access code and access to the smart home systems without having to re-key the house.
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19 March 2024 | 26 replies
I kind of have an unrealistic goal of earing 8 figures gross a year by the time I am 30 and am willing to go all out.
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18 March 2024 | 10 replies
Let's say his hand slips and someone's ear gets cut (ask me how I know this happens)Let's say the injured parry realizes this is an illegal business.Let's say they get an attorney.Attorney will instantly realize that YOU have the deepest pockets.How does that sound to you?