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9 January 2022 | 5 replies
One of the major downsides of using an LLC is that you cannot get agency debt on those properties.
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8 January 2022 | 0 replies
Has anyone met a management agency they actually liked?
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31 January 2022 | 11 replies
Check them out, make sure they are legit, and always go through a title agency to close and you should be fine!
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31 January 2022 | 4 replies
I do have a marketing agency which eats the vast majority of my time.
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4 February 2022 | 2 replies
The increase to second/vacation home rates is being implemented by the FHFA, Federal Housing Finance Agency.
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9 February 2022 | 9 replies
Crime was way more than it was shown in city database as most of the things were never reported.Actual rent collection was only $4200 by 18 tenantsPark had very bad repo in area (Which was known to us)What we did after buying:Worked on road (new milling road), removed extra trees, cleaned 40-50 dumpster of trash.Worked with city development agencies to remove bad tenants via evictions or stationed police officers on weekend to deteriorate drug traffic, incentivized good tenants to provide us video /call cops with videos so that cops visits are frequent.Removed bad homes and brought in 7-8 newer homes from other parks.Repaired around 19 houses in last 18 months and brought up average rent $680 per home.
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2 February 2022 | 2 replies
To make it worth my while to even do this, I would really need to have both sides of the commission with a dual agency.
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7 February 2022 | 8 replies
Turn the judgment over to a collections agency and let them collect for a cut.
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11 May 2021 | 4 replies
I don't have one specific contact at Cross because I have more than one entity that has policies with them, and they seem to assign the account rep based on the name of the owner/entity.It's important to get quotes from multiple agencies as they have access to different carriers and may quote you higher or lower depending on what other risk their currently carrying in that area/zip code.