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20 January 2025 | 22 replies
With careful planning, you can develop a portfolio that consistently outpaces inflation and helps secure your financial future.I hope this helps.
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16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
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7 January 2025 | 0 replies
Review what happened and determine why each item was above or below your expectations so that you can properly plan for next year.Review your prior year goals.Did you buy all of the properties you set out to purchase?
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12 January 2025 | 2 replies
Just plan on paying the agent's fee if you are successful.
4 January 2025 | 5 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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7 January 2025 | 12 replies
Talk to a CPA to see how it fits your plan.
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18 January 2025 | 15 replies
I'm planning to review where I stand, considering my current low income, to explore the best path forward.
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11 January 2025 | 31 replies
I don't plan on going on the actual auctions :/.
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12 January 2025 | 7 replies
If you’re not occupying the property and plan to either sell it or keep it as a rental, you might want to consider a bridge loan through a hard money lender.
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10 January 2025 | 4 replies
Generally there are multiple units for each "zone" if you will when I've seen them installed.Regarding your problem at hand, I personally would simply adjust your plan to move and make your initial plan to get the current issues resolved, while costly now, in the long run holding onto the unit will likely pay off.