
5 June 2024 | 3 replies
Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?

5 June 2024 | 1 reply
You can have Home Owners and Flood Insurance and the Big Bad Wolf will blow your house down and then, you need to pay a lawyer to try to collect damages from Insurance who may never pay you.

4 June 2024 | 22 replies
My strategy would be to protect the money optimally from the government and from other potential filters and to optimize my time to do what I enjoy doing instead of worrying about real estate ventures.

6 June 2024 | 57 replies
Now you can educate more / optimize.

5 June 2024 | 8 replies
I am looking for an alternative to Avail for lease signing and monthly rent collection for my 2 rental properties, and this company seems like it might be a winner.

4 June 2024 | 4 replies
Abnb and VRbO are required to collected FL sales tax (they also started collecting my county taxes, too).

4 June 2024 | 10 replies
This could be rent collection, filling vacancies etc etcBeing a savvy Operator coupled with Seller Financing removed 99% of your barriers and allows you to repeat it over and over again.Recap:Learn to operate communities at an effective level.Learn creative financing to lower the barriers of entry and increase ROI.

4 June 2024 | 1 reply
If we were going to buy a property and put it “under contract”, and a better deal came along, rather than pass on one deal we might present it to a fellow investor and collect a fee from the investor in the process.

5 June 2024 | 16 replies
I always recommend looking at the number of deals the sponsor has successfully exited, their average returns, and the collective years experience between all of those with an executive position.

4 June 2024 | 5 replies
The first week of the month is the busiest week because of the rent collections and there is a lot of communication from tenants that are going to be late.The busiest is a day like tomorrow, the 1st fell on the weekend, so, it will be extra busy