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16 August 2024 | 4 replies
Most buildings of this size often only appear on the website of the listing brokerage.
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15 August 2024 | 5 replies
In my experience the basics for a functional RE based CRM are:Custom Fields for Data Objects (Leads, Prospects, Applications, Buildings, Units, etc...)A Screening Engine (background/credit checks, employment verification, etc)Online Rental Application (this should automatically run the application through screening)Ability to mass email/sms leads and tenants to provide informationSurveys/Inspection formsI've been building real estate CRM tools for years.
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18 August 2024 | 13 replies
I have since been keeping in contact without pushing her and making her feel pressured.I spoke with the seller again today to try to get the ball rolling and she mentioned her daughter is a realtorand she had her ask a friend that deals in larger MHP whom said the property is worth over $300,000 but stated that because of the size and lack of comps its hard to give an exact amount.I asked her if $300,000 was what she was looking to get for the property and she said she was thinking more like $250,000 as she owns it out right and would rather see someone else benefit from it like her and her husband did.A similar ranch home not even a 15 min walk is under contract for $280,000 currently.
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20 August 2024 | 452 replies
Being that the size of this property pushes me into the “commercial” world, do requirements vary significantly (do commercial loans have the same seasoning requirements, etc)?
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15 August 2024 | 3 replies
We used to have in-house inspectors but it was hard to scale and with our heavies season being that of summer months, at 1000+ units we weren't able to hire enough inspectors for the last day of month move outs and first day of month move ins and then still keep them fully-employed in our slower season in fall/winter.
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17 August 2024 | 20 replies
However, as a general rule, if you have two sources of income like that and you're using Schedule C to report your property management business, your income will be subject to self-employment tax in addition to income tax.
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15 August 2024 | 9 replies
However, I haven't found a good source for quick estimates based on the size of the project, year of build, etc., specific to our market.
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15 August 2024 | 4 replies
Where can I find detailed zoning information (beyond just the code, such as max building height, maximum percentage for building size, etc.)?
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16 August 2024 | 2 replies
I was interested in commercial and investment property, so joined a mid size commercial brokerage as a broker - associate.Most brokers/agents at that time, even more so than today, did not “specialize’, at least with very specific parameters.
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14 August 2024 | 9 replies
Once I receive the reports, I usually have a zoom meeting with the applicant, ask for two references, and chat about their employment.