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18 October 2024 | 7 replies
You seem very green, I would highly suggest finding a property management company to do this for your while you learn the ropes and how things work.However, you can also get a copy of "The Book on Managing Rental Properties" by Brandon Turner, and get some really good information.The main one's to consider are:Background check - totally clear, or will you allow certain thingsEviction history - totally clear, or will you allow if no evictions for last xx yearsIncome Requirement - usually 3x the cost of rentCredit History - totally clear, or will you allow certain thingsPets - yes or no, size, type, number of pets allowed, extra pet deposit/feeAgain, I highly suggest a property manager to assist you with this.
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18 October 2024 | 5 replies
Being a licensed agent obviously saves me the commission loss, but I would like to at least hold more than a year to stay away from short term capital gains taxes.
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18 October 2024 | 25 replies
@Mike H. really thoughtful post and I totally agree.
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21 October 2024 | 16 replies
Pretty obvious this is why someone who doesn’t know the questions to ask let alone the answers should NOT be making offers to buy.
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18 October 2024 | 4 replies
Obviously we don't agree but won't be sharing details because we owe a duty of confidentiality to current and past clients, and we take that seriously.I'm not ashamed of our in-house maintenance rate which I can share here: $56/hr.
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23 October 2024 | 38 replies
Money Back claims are easy - except when you are asked for the money back then the excuses start.We bought into one that is well known and is actively soliciting new members several years ago and found it to be a total waste of money - generic material, generic advice and support that vanished when we did not see the results they claimed and asked for some additional assistance.
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19 October 2024 | 25 replies
In many of the western states, the Feds own 60-80% of the total land.But in answer to the original question, I don't see it helping, we don't need housing where most Fed land is.....
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18 October 2024 | 6 replies
For context, I have a Carrot site and can follow instructions, but am a total novice when it comes to websites, and no nothing about code.Thank you in advance to anyone that took time to read my post and provide advice/feedback.I was only able to take SEO to a certain level. 2 years ago we hired outside help.
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17 October 2024 | 20 replies
This is obviously an off-market seller who will do seller finance.
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15 October 2024 | 34 replies
I actually hired and fired a total of over 150 agents over 4 years.