
20 May 2024 | 121 replies
For the most part this is to "keep up with the joneses" and impress the customer.

21 May 2024 | 44 replies
Constructive Loans seemed very enticing upon my first impression.

21 May 2024 | 41 replies
I have given them a good impression, and every single tenant has signed a new lease. 6 tenants had their rent raised $100, and 2 had it raised $150.

19 May 2024 | 6 replies
What I have seen before is "selective enforcement" practices from some management companies.

18 May 2024 | 2 replies
Let's explore some effective approaches for managing investment properties:With a Property Manager:Screening and Selecting Tenants: Entrust your property manager to handle tenant screening, background checks, and selection, ensuring reliable renters for your investment.Rent Collection: Property managers can ensure timely rent collection and handle any late payments or lease violations professionally.Maintenance and Repairs: Delegate routine maintenance tasks and repairs to your property manager, who can coordinate with contractors and vendors to keep your property in top condition.Tenant Relations: Property managers serve as the primary point of contact for tenants, addressing their concerns and ensuring a positive rental experience.Lease Enforcement and Evictions: Trust your property manager to enforce lease terms and handle the eviction process if necessary, following legal procedures.Financial Management: Property managers can handle financial tasks such as budgeting, accounting, and financial reporting, providing you with regular updates on property performance.Without a Property Manager:Self-Management: Take on the responsibility of managing the property yourself, handling tasks such as advertising vacancies, screening tenants, and collecting rent.Outsourcing Specific Tasks: While not hiring a full-time property manager, consider outsourcing tasks like maintenance and repairs to trusted contractors or service providers.Utilizing Technology: Leverage property management software and online platforms to streamline processes such as rent collection, lease management, and maintenance requests.Establishing Clear Policies: Set clear policies and procedures for tenants regarding rent payments, maintenance requests, and lease terms to minimize conflicts and misunderstandings.Regular Inspections: Conduct regular inspections of the property to identify maintenance issues or lease violations early on and address them promptly.Building Relationships: Maintain open communication and positive relationships with tenants to foster a sense of community and encourage better care of the property.Whether you choose to hire a property manager or manage the property yourself, effective communication, attention to detail, and a proactive approach to property management are key to maximizing returns and maintaining the value of your investment.

19 May 2024 | 8 replies
He also suggested I bring out someone else to camera the system again to get a second neutral opinion.I hired Cable, Pipe, & Leak Detection and the technician that came out today was very impressed with the on-site system.
18 May 2024 | 4 replies
I've been impressed with them!

19 May 2024 | 9 replies
I know it's only been a few days but wondering your impression so far