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Results (10,000+)
Andrew Glavinic Property Management Software - DoorLoop
12 June 2024 | 57 replies
I have a pretty effective system that I wish could be more efficient.
Julie Muse Wall Canyon Ct Flip: Big Profits in Sun Valley with Seth Choate!
7 June 2024 | 1 reply
This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.
Julie Muse Powder Branch Road Flip: Big Profits in Johnson City with Ryan Phipps!
7 June 2024 | 0 replies
This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.
Tyson Scheutze The Price of Property Management
8 June 2024 | 1 reply
These are some of the ways the clients could be affected by property managers who are not prepared: Extended VacanciesInadequate marketing strategies and tenant screening processes can result in prolonged vacancy periods, translating into substantial lost rental income.High tenant turnover due to poor resident relations further exacerbates vacancy losses.Inadequate Maintenance and RepairsNeglecting preventive maintenance and delaying necessary repairs can lead to accelerated property deterioration and higher long-term repair costs.This can also negatively impact tenant satisfaction, contributing to higher turnover rates.Legal and Compliance IssuesLack of knowledge or disregard for landlord-tenant laws and regulations can expose investors to costly legal disputes and penalties.Failure to properly handle security deposits, evictions, or fair housing practices can result in significant financial liabilities.Ineffective Financial ManagementInaccurate budgeting, expense tracking, and financial reporting can lead to uninformed decision-making and missed opportunities for cost savings.Failure to optimize tax strategies and leverage available deductions can further reduce net returns.Diminished Property ValueInadequate maintenance, high vacancy rates, and poor tenant screening can negatively impact a property’s perceived value and appreciation potential.This can significantly affect the long-term return on investment when it comes time to sell the asset.While a 10% management fee may seem reasonable for a well-performing property manager, the cumulative impact of mismanagement can quickly escalate the effective cost to investors, potentially outweighing any perceived savings on the management fee itself.
Julie Muse Oak St Triumph: Major Profits in Galt with Seth Choate
7 June 2024 | 0 replies
This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.
Kris Hodges Do HOA dues effect home value?
5 June 2024 | 6 replies
If the area is full of short term rentals (investor buyers) then the HOA is a big line item expense and does have an effect on the price.
Julie Muse Pin Oak Drive: Rapid Profit Sale with Mike Hardin!
7 June 2024 | 0 replies
Partner Driven added value to the Pin Oak Dr deal through effective negotiation and market expertise.
Julie Muse Beaugard Cove Flip: Profitable Turnaround in Memphis with John Robertson!
7 June 2024 | 0 replies
This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.
Julie Muse Quick Mobile Home Flip: Big Gains on Roberts Rd with Seth Choate!
7 June 2024 | 0 replies
This transaction showcased our effective renovation strategy and project management skills, resulting in a substantial profit.
Jacopo Iasiello Question for Real Estate Brokers
7 June 2024 | 0 replies
What are the most effective strategies for you, for identifying and analyzing undervalued properties in a competitive real estate market, and how can investors leverage these opportunities to maximize returns while minimizing risks?