
9 June 2024 | 0 replies
I've found that accurate assessment with sufficient third party support can often help parties find middle ground.

10 June 2024 | 11 replies
Let's say your current home has a conventional loan, FHA could be an option but you have to be aware of the self-sufficiency test requirements for anything over a duplex.

10 June 2024 | 11 replies
Las Terrenas in the Samana peninsula is a good choice but I have a small thing for Bayahibe, close to la Romana.You can find property that are half the price of Punta Cana's and that you can rent around 80% of the year.

12 June 2024 | 10 replies
You need some descent reserves to be a larger landlord, because you don't get a choice when the AC unit goes out, or the hot water heater floods the upstairs unit that then floods the downstairs unit.

10 June 2024 | 2 replies
If you’re okay with not making much monthly profit and focusing on long-term gains, brick could be a solid choice.

10 June 2024 | 3 replies
That makes sense making the move to a MF is a great choice more doors more cash flow.

10 June 2024 | 6 replies
Make sure property is “self supporting” meaning sufficient income to produce some cash flow after operating expenses and debt is paid.If one does that, they are set up for a profitable long term hold.If one invests in a prudent manner and is never in a position where they have to sell, they ultimately win.The top or bottom of a market is never known until 6 to 12 months after the fact.I’m a long term investor - my capital is patient.Here’s a question to ponder:If you could buy a property today for $1M, knowing it’s value would drop to $950,000 over the next year but would be worth $1.5M in 5 years, would you buy it today or hope to perfectly time the market and get at $950,000?

9 June 2024 | 8 replies
"for $___/year, we provide "x" additional inspections")6) Liability policy that covers tenant intentional damage, criminal acts, and unpaid rent when skipped or evicted (through insurance provider that provides this kind of coverage)7) Financial reports per quarter (as whatever period makes sense to you) (this can allow you to advise the owner on the health of their portfolio)8) End-of-year review of the property to show conditions and suggested needed and preventative maintenance items 9) Preferred vendor discounts (requires a contract with a vendor to give better pricing)10) Eviction protection programs (this is usually done "in house" when you have sufficient number of units under your management to be able to offer this kind of program)11) Legal services (requires agreement with landlord attorney to provide those services at set fees)12) Professional photos option (for enhanced listing)13) Professional, licensed home inspection (this is more relevant for older homes to ensure safety and habitability are addressed) 14) HVAC filter replacement program (this can also be a program offered to tenants)15) Pet and ESA screening through pet screening vendor (helps to streamline and increase quality of screening)16) Client portal account for ease of communication, updates, reports, etc.

10 June 2024 | 4 replies
Make smart choices by guessing your money flow, asking local pros for advice, and looking closely at the house.

12 June 2024 | 47 replies
I also know their level of service went drastically down and would not be my top choice currently.2.