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26 January 2025 | 13 replies
Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.
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3 February 2025 | 3 replies
you can't really micromanage tenants.All you can do is create systems with some flexibility.Again, if you read how we charge our Processing Fees, they encourage the behavior we want, while discouraging (via fees) the behavior we do not want.
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1 February 2025 | 9 replies
I don't think rent to retirement can vet a deal any better than anyone else or you, they just have a bit of a system. but the new builds in Lehigh acres, Cape Coral, north port, etc are all garbage. septic systems, poor economics, low rent to purchase price ratios, you are banking on appreciation and buying at market. building direct is going to give you a competitive advantage on a 3 unit let's say worth 600,000 you are going to be 120k ahead than if you bought it through them. that's my analysis. if you are super lazy and too busy to make money and have millions to throw around then I'd recommend not thinking much about investing. but you can also invest in funds and be way omre passive than buying a new build from far away. but if you want to add real value then get involved and make it happen. getting wealthy isn't easy. you work hard for your money and there are build to rent developers like us that try to answer and add value to start buiding relationshipsl
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31 January 2025 | 7 replies
Once you're ready for the next purchase, you will have experience, systems, and the confidence to tackle a bigger project like a BRRRR.
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21 February 2025 | 18 replies
However, the key is partnering with a professional agency that not only supplies experienced VAs but also uses robust systems—like well-known CRMs—to track calls, monitor lead quality, and analyze performance metrics.Keep in mind that not every VA agency is created equal.
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11 February 2025 | 11 replies
They can also make sure that your case is scheduled promptly because again, they know people and know how to get things done within the judicial system, which can be confusing on a good day.
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18 February 2025 | 148 replies
The $56-a-unit process requires landlords to be up-to-date on their property taxes and for the properties to be free of any safety or building-code violations.Since landlords are not legally permitted to collect rent from tenants of a home with an inactive license, the system is designed to serve as a check on property owners, forcing them to address safety violations and pay their taxes.But Philadelphia’s Department of Licenses and Inspections lacks the resources to hunt down property owners who flout those rules, said Karen Guss, a spokesperson for the agency.
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19 February 2025 | 21 replies
Also, you'll want to look at value add opportunities with utility optimization, either a reno project to pass utilities on to tenants or some kind of billing system.
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3 February 2025 | 7 replies
:(The system found out that many people were NOT cut out to be property owners.
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4 February 2025 | 24 replies
Again, as you asked, no one is in trouble, but we have high expectations for our team, and there are indeed steps we can take to improve.I'd like to recap for readers, and please let me know if there is anything stated incorrectly here.We primarily failed to be proactive on the front end once we knew the resident used the legal system to their advantage.