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23 December 2024 | 8 replies
Oh bud, I think it would do that we’re gonna need lender’s consent as well and that’s what I’m trying to prevent, but maybe they do it under them handle that part and then after the fact transfer it.
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30 December 2024 | 8 replies
I only give them a short time (usually 5 days total from the contract to hold) to meet for the lease signing before they lose their exclusive rights to the unit, so this prevents someone from dragging their feet after they've signed the contract to hold.Once the lease is signed, I take down the ads and send out emails to people in mid-marketing flow letting them know that the apartment has been rented but I will reach out if something falls through.
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30 December 2024 | 7 replies
I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.
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12 January 2025 | 54 replies
Prevent urban sprawl from taking limited farm ground. 4.
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23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
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21 December 2024 | 14 replies
We've never actually had a tenant use it after reading the addendum (which was our goal), and I think it helps prevent problems when they understand the myriad issues involved in its use.
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23 December 2024 | 5 replies
Including one that prevents a unit from being rented for less than 6 days.
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19 December 2024 | 10 replies
Hi, I have four sfr properties that I rent out for my personal income as well as a business investment. They are all on a month to month agreement and have all been there a year or more. One of the properties is a t...
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4 January 2025 | 67 replies
For the inside paint we add a Mold preventer to the paint.
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9 January 2025 | 116 replies
I also look at it from the perspective of I now have extra cashflow to remove dangerous trees or do preventative maintenance to systems that have higher likely hood of causing damage.For the management I self manage for now so that fee just goes to me.