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Results (10,000+)
Kevin Duong Marketing for rent by the room - house hacking
4 August 2024 | 1 reply
Ensure 90% of tenants meet preferred criteria.Target Audience:Ideal tenants are clean, responsible, and sociable single professionals, students (with co-signers), and military personnel.
Janice Chang Would you rent to someone with a housing voucher?
4 August 2024 | 5 replies
While it's concerning that the applicants are unemployed, housing vouchers ensure that their rent is covered, which can provide you with consistent payments.
Patrick Idowu Tenant couples requested rider agreement to lease.
5 August 2024 | 21 replies
This approach helps ensure clarity and protects you as the landlord.
John S. Is this the proper way to run a portfolio with multiple LLC's?
4 August 2024 | 5 replies
Keeping each LLC’s financials distinct helps prevent this risk.Insurance: Having adequate insurance coverage for each property and ensuring it aligns with the LLC structure can also be a vital component of risk management.Legal Counsel: Regularly consult with your real estate attorney to ensure your structure and practices align with your protective strategy.In conclusion, while running everything through your holding company might simplify bookkeeping initially, consider long-term implications and ensure you are safeguarding each property and your overall investment effectively.
Ashley Campbell Ready to Invest, but overwhelmed and stuck!
5 August 2024 | 21 replies
Just make sure to do a thorough market analysis to ensure demand.Lastly, definitely sit down with a savvy RE CPA who understands the ins and outs of real estate investing.
Craig James Conrad Lease expiring, couple is splitting up -- Each wants to renew on their own
4 August 2024 | 5 replies
It’s a good idea to consult your legal team beforehand to ensure you’re fully protected.
Sonia Thornh Looking to Expand Successful Short-Term Rental Operations in Houston
3 August 2024 | 3 replies
I am proud to have achieved Super host status on Airbnb for the past year and have received hundreds of positive reviews across various platforms and through word of mouth.Key highlights of my rental operation:Vetting Process: I ensure all clients are thoroughly vetted, maintaining a strict no-party policy to protect property integrity and community peace.Strong Relationships: I am respected by the Landlord Management Team, consistently ensuring both the clients and the management are satisfied.Operational Expertise: Leveraging my operational experience from my time in the United States Army, O&G Manager and as a seasoned operator in the Houston bar scene, I run a smooth and efficient rental operation.I am now looking to acquire additional properties in the Houston area to expand my rental portfolio.
Charles Burgess Next Steps for Newbie Developer
5 August 2024 | 14 replies
It is important that the designed purpose of the property is congruent with the rules and regulations established by the local authority in order to ensure its successful use as well as to avoid any possible inconvenience due to lack of compliance.
Paige Kehoe Back office systems and tools for self property management
3 August 2024 | 10 replies
Current systems and tools:- Assistant to manage payments, invoices, ensure rents come in and chat with tenants for issues- Melio for vendor payments- Baselane for banking - separate accounts for each rental and deposit- Google sheets for Income and Expense reporting- Azibo for rent collection automation with late fee automations- Drive for my leases, SOPs, and documentations of tenants move in/move outGoals of improved system:  ensure I have a read out of how each property is preforming month over month, check on big expense items, ensure vendors get paid, mortgages get paid and rent is coming in, generate APY on float and savings for any big CapEx that comes up, and make my life easier come tax season.Is there a single software people use or what do you do for your business systems to optimize all of this?
Alex U. Real estate professional status
3 August 2024 | 16 replies
Sure, they play pot odds and ensure they only take on good cases.So... it depends on your W-2 hours spent... and your tolerance for pain (risk).