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30 July 2024 | 9 replies
Some property management companies offer a 0% property management fee in the first year as a way to attract clients.
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29 July 2024 | 0 replies
Our efficient project management ensured timely and budget-conscious completion, while strategic marketing efforts highlighted the property's new features, attracting buyers quickly and maximizing resale value.
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29 July 2024 | 3 replies
We’ve looked at some of the figures, but we can’t find an easy way for this property to produce positive cash flow.We’ve mentioned our interest to our landlord.
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31 July 2024 | 34 replies
I’m seriously considering deleting my account I don’t like the type of class furnish finders attracts !!
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30 July 2024 | 30 replies
It's in a place that's hard to see, with the front of the box turned so the markings are not visible, so it won't attract attention.
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29 July 2024 | 13 replies
Even when they are occupied, guests are often away at attractions, with the house being more of a sleepover post than something they are living in.
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28 July 2024 | 6 replies
Marketing is key and also leaving some meat on the bone for another investor helps sell it (unless it's fully turn key, which can be attractive for a 1031 exchange specifically).
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28 July 2024 | 25 replies
In our opinion, many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
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29 July 2024 | 13 replies
I just wasn't sure how the CSA and accelerated depreciation would be impacted should I convert it to a personal residence 2 years after the rebuild.Sharing this clarification up front would have produced better targeted responses.When you convert a rental property to a residence, nothing happens tax-wise.
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28 July 2024 | 14 replies
Make the offer very attractive and chat with a bunch of lenders until you find one that speaks investment properties.