
23 March 2024 | 12 replies
Worked ourselves out of income here lolVacancies lowMaintenance repair requests lowNeed to cause some drama so we can start putting some food on the table lolJokes.It's interesting though how if you do a good job in property management you kind off work your way out of being able to generate more income.I guess it's a good problem to have from a performance and ethics standpoint.What do you guys think?

23 March 2024 | 0 replies
This 4Plex is in a great rental area with Centerville schools and great parks and shopping and food close by.

23 March 2024 | 7 replies
As agent count drops, the cost of these items has to increase to offset the drop.

25 March 2024 | 52 replies
While I have good cleaning people, numerous handi-persons and licensed contractors, their availability is not 24/7/365 I have to pinch-hit on guest issues and repair problems when the support staff is unavailable.We often find problems, broken, stained, damaged & missing items, during turnovers that have to be dealt with quickly.

24 March 2024 | 19 replies
And in the end didn't make me money and the loans I had on them actually prevented me from getting additional loans on other better deals.Anyway, here are the specifics:1) purchased 7/1997 @ $80k, $500 down payment, cashflow appx $150/mth as long as there were no major repairs or maintenance items, great % returns but very little $ returns.Sold 5/2016 @$67k, after about $7k rehabwas about $250/mth cash flow at time of saleOh, and it took many months to sell, therefore costing me additional holding costs with no cash flow2) purchased 9/1998 @ $71k, Similar and same area as #1 - $500 down payment, cashflow appx $150/mth Sold 4/2016 @$72k,after about $9k rehabwas about $250/mth cash flow at time of saleand also took many months to sellFor fun, I just looked up their zillow as of today and 1 recently resold for $85kNow, today, there are a lot more resources to easily research market areas, etc, so I now do more research to find markets with more demand and growth potential.

24 March 2024 | 10 replies
A good handyman and possibly a realtor for future leases/other items and you should be good.

23 March 2024 | 8 replies
For every singular item you need to go right there are 10 things that can go wrong.

22 March 2024 | 0 replies
Beyond its global fast-food empire, McDonald's strategic approach to real estate ownership and management has been a cornerstone of its enduring profitability.

22 March 2024 | 11 replies
Thank you for your reply that gives me a lot of food for thought!