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1 July 2024 | 13 replies
Others build their own using Boostly or another similar company due to the same concerns you mentioned.
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27 June 2024 | 6 replies
Quote I got from an AC company here.
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30 June 2024 | 28 replies
They are more concerned with closing out issues than they are with getting multiple bids to get the best contractor for the job.
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30 June 2024 | 7 replies
You can specify blackout dates when the property is not available for rent if you wish to use it personally during certain times of the year.Legal and Regulatory Compliance: The management firm will ensure that the property complies with local laws and regulations concerning rental properties, including obtaining any necessary permits and adhering to zoning laws.Maintenance and Repairs: Property management firms often take care of routine maintenance and emergency repairs, ensuring the property is well-maintained and ready for tenants or guests.This arrangement allows you to enjoy your second home for part of the year and generate rental income when you're not using it, with minimal effort on your part.
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1 July 2024 | 14 replies
That would depend on a few factors:How confident you feel in managing the project (as @William Hutch mentioned).How confident you are in recognizing building issues/concerns, and pointing them out.How much time you have to oversee and research how things should be done.
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30 June 2024 | 6 replies
My bigger concern is not having enough funds for any repairs that may be needed.
3 July 2024 | 20 replies
Wholesalers, on the other hand, are more concerned with identifying profitable investment opportunities and connecting with other investors or buyers who are interested in acquiring properties for investment purposes.
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30 June 2024 | 5 replies
When I conduct the initial inspection, that's when I answer questions, look for unreported maintenance, see if there are any concerns, look at how they are maintaining the rental, etc.At the same time, this would be a great opportunity for you to explain your situation.
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30 June 2024 | 9 replies
For those concerned about the liability, that is my hesitation as well.
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1 July 2024 | 22 replies
One concern I have is if the lease is not in the sellers name, if lender will accept it.