
6 August 2024 | 17 replies
>The upside would be passive income in the range of $3500moNormally I do not see people with residential experience refer to it as passive income.

5 August 2024 | 9 replies
I am a strong proponent of what I refer to as proactive asset protection but its not promoted because its not the revenue generator that other asset protection services yield.

4 August 2024 | 1 reply
Refer to tenant screening plan for more detailsUnique Selling Proposition (USP):Offering 440 Mbps Wi-Fi, furnished common areas, and driving distance from a military base.Metrics: 1.

4 August 2024 | 5 replies
It's important to look at their rental history, references, and overall reliability as tenants.
4 August 2024 | 7 replies
@John Underwood agreed, everyone refer to it as the “ STVR or STR tax code rule”.

3 August 2024 | 4 replies
@Tina LiaoTenant screening includes a credit check, a background check, income verification, references, and interviews to determine financial responsibility.

2 August 2024 | 1 reply
In a “nutshell”What can work - partnerships where each person brings a different necessary asset (knowledge, experience, time, capital, credit) to the table, the responsibilities, rewards, and expectations are clearly spelled out, legal documents are created to head off disagreements, and the parties are compatible.What doesn’t work - partnerships formed by two or more inexperienced people looking for “comfort” rather than going it alone, and anything other than the above.
1 August 2024 | 2 replies
I'm in my mid-20s, juggling the rewarding responsibilities of being a father while diving into the world of real estate.

4 August 2024 | 15 replies
PMC RECOMMENDATIONRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.