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15 January 2025 | 34 replies
It's EXACTLY why the economy tanked.
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3 January 2025 | 8 replies
.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
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11 January 2025 | 49 replies
I'm not sure how much capital growth is left in the tank given the already high prices though.2.
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10 January 2025 | 67 replies
Multifamily doesn't need any more pressure/demand since cap rates can really get low when too many people pile in, but I have to say that commercial real estate (including large MF) and other types of passive investing (mobile home parks, storage, etc.) can really make like much easier.
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1 January 2025 | 4 replies
I helped a client get a combo car wash- self storage property a few months ago here in DFW.
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4 January 2025 | 26 replies
I would be leery of an product or service being promoted that has zero negative reviews.A 1-star review is often not realistic and will tank the algorithm in your first year for sure because it's not balanced out yet.
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28 December 2024 | 1 reply
Maintenance storage?
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21 December 2024 | 1 reply
I am looking to speak to some people that are knowledgeable about the self-storage market in the Memphis area.
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14 January 2025 | 28 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.
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30 December 2024 | 7 replies
Their funds are very diverse in mobile home parks, self storage , industrial, Multifamily, etc So they are like a fund of funds.