
17 October 2024 | 12 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

15 October 2024 | 8 replies
Let’s do some simple math…If you buy a $300k house, charge $1,900 in rent, and have a 35% expense ratio, you’re at a 4.94% cap.

11 October 2024 | 13 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

17 October 2024 | 10 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

19 October 2024 | 15 replies
What we found out doing our research is that in Costa Rica, large vacation rental properties that are different than other properties can create a good return because the competition is lower and also money lending can be a good return because you can charge high interest with only a 50% loan.

15 October 2024 | 4 replies
Hence you needing to retain an Architect and have them do due diligence into the feasibility at which part of their services would be checking what is able to be built in compliance with the applicable jurisdictions.

14 October 2024 | 4 replies
Plus I use Hemlane for applications, background checks, and payments.

14 October 2024 | 3 replies
.• Have written permission from your Homeowners Association (HOA), if applicable.
11 October 2024 | 1 reply
Also, what are you doing to make sure you are speaking to the actual landlord and not an applicant's friend posing as their landlord?

14 October 2024 | 4 replies
You can't charge more because you did more; more updates/upgrades do not necessarily translate to a higher sales price.