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29 June 2024 | 2 replies
There were fewer problems with theft and less work as you don't have to collect the coins.
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30 June 2024 | 28 replies
Are they looking for cash flow exclusively, moderate to high appreciation potential, or both, etc.Typically, with more “affordable” markets, you get better relative cash flow but also more intensive management concerns (vacancy, collection, maintenance, turnover, etc) and less appreciation.
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29 June 2024 | 6 replies
Agents help us with operational tasks such as tenant screening & applications, leasing, marketing and listing management, reporting, owner onboarding, phone & email support, maintenance requests, admin support, overnight support, nurturing relationships with realtors and relocation companies, graphic design, bookkeeping, sending owner statements, managing collections, and other back-office tasks.I have some agents in LATAM (Argentina, Bolivia) that I can make introductions to.
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29 June 2024 | 7 replies
@Laura Newton this is the 2nd most common inquiry we get from our clients - because they DO NOT read the email we send them that explains the IRS requirement that a PMC is required to include GROSS amounts collected on behalf of an owner on the 1099-MISC.
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28 June 2024 | 6 replies
Owner says rents are about $2-300 under what they could be but with the tenants being loyal and the way they are their own small community she recommends not raising rent.All 7 homes run off of 2 wells.Some differed maintenance but overall nice condition trailers range from 70s-80s model Owner says property manager/handy man lives next door and handles everything for her from maintenance to collecting and deposit rents.
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29 June 2024 | 9 replies
When you say it is a 12% cap rate, does that include the rent collected from renting the mobile homes themselves?
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28 June 2024 | 4 replies
Of course you can collect the income generated by your business.
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28 June 2024 | 5 replies
*I had someone apply for my rental but there were two fraud alerts that popped up on one adult, 2 collections and 4 late payments on the other though the credit score is 725.
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28 June 2024 | 9 replies
Once they realized they could increase the taxes and the city trash collection on it they converted it with not so much as a notice to me.
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28 June 2024 | 14 replies
I have properties in Fairfield, West end, East Lake, and others, and they can cash flow but the management is difficult (as in getting cash collected from tenants).