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6 January 2025 | 5 replies
This will provide you two benefits:1) Help you better define the position, so you can hire a better matched person2) Make training the next person easier
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2 January 2025 | 11 replies
The project was budget-conscious but impactful, ensuring the unit is ready for future renters.Reflecting on 2024: Wins, Challenges, and Lessons LearnedLooking back, my first year as a landlord was a crash course in property management.
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4 January 2025 | 11 replies
The person has failed to pay rent after a valid notice to quit and notice of increase of said rent, provided the increase in rent is not unconscionable and complies with any and all other laws or municipal ordinances governing rent increases.")
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5 January 2025 | 7 replies
I ASSUME you’re talking $400+ in extra expenses for providing water, power, sewer, gas, internet, communal area cleaning, and exterior maintenance.
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9 January 2025 | 15 replies
If you want a quote to help, I'm happy to provide one.
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21 December 2024 | 10 replies
That's significant and really impacts margins.
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3 January 2025 | 5 replies
Given you're in Texas and don't have a state tax return, it really opens you up to work with providers nationwide.
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4 January 2025 | 14 replies
First, most investors and owners of real estate related businesses are in one or more of the following situations1- they’re unable to duplicate their expertise that drives the ROI and they are at their personal max capacity as to time2- they’re obtaining high ROI by use of excessive leverage 3 - they’re obtaining high ROI by taking excessive risk4- they hit correct timing in the correct market, and this is not necessarily repeatable with any probabilityIn order for an investment or business to scale, we need the ROI (on a risk adjusted basis) to be sufficient to cover a PREMIUM risk adjusted return to passive investors; all expenses of managing the assets and the business, and a significant return to the “sponsor” providing compensation to him making the work, risk and time worth while.
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4 January 2025 | 20 replies
* Do you provide move in and move out reports * How many pictures do you take of the property prior to tenant moves in and after the tenant moves out* Do you get weekly reports when the property is vacant what prospective tenants are saying about your home* Do you provide monthly newsletters to your tenants* Do you hold investor education classes to help me become a better investor* Do you have single point portfolio based management services?
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6 January 2025 | 6 replies
Even a brief consultation can clarify your legal standing and provide additional strategies tailored to Raleigh’s market.Have you considered asking other local landlords how they’ve handled early lease terminations?