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4 November 2024 | 4 replies
So, real estate agents may do it part-time, but rarely do they do it well.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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7 November 2024 | 6 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
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9 November 2024 | 27 replies
Off course like many other companies out there, they offer a mentorship program.
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5 November 2024 | 9 replies
He is an expert in the short-term rental space, is an investor himself, run's a STR property management company, and is also one of the best realtors that I know that can provide you with solid guidance when it comes to making investments in the Tampa area.
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4 November 2024 | 11 replies
I essentially asked my insurance company how am I able to discern what percentage a breed makes up of a dog.
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5 November 2024 | 22 replies
They aren't that expensive depending on the style and design of the kitchen.So locally here in Western WA there are always companies closing out slabs of granite or quartz really cheap.
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6 November 2024 | 21 replies
My company Ziprent manages a few properties in the area for landlords with similar portfolios.
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7 November 2024 | 22 replies
Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.
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4 November 2024 | 1 reply
If you used TransUnion to screen, they are also required to provide the applicant with an "adverse action" letter, detailing the screening company’s contact information for follow-up.
4 November 2024 | 1 reply
**Request an International Credit Report**: Some companies, like Nova Credit, specialize in transferring foreign credit scores to U.S. equivalents.