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16 January 2025 | 7 replies
We have had two homes broken into and materials stolen recently.
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21 January 2025 | 5 replies
The changes that have occurred in the past year is making sure the comps are truly there, getting the material costs down (or accurate) number with changes all the time on costs. 3.
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17 January 2025 | 12 replies
At that point my project manager (and partner) started pushing him.
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12 February 2025 | 179 replies
Now that I am losing confidence in B2R, I am also concerned about the property management service that they are offering.
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22 January 2025 | 13 replies
Learning how to use the correct tools and materials for a job, YouTube videos and even ChatGPT will help you get through 80% of the problems you will run into.My rule was I would not mess with HVAC, plumbing and electrical Or if it would take more than a few hours.
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10 January 2025 | 4 replies
@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.
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10 February 2025 | 10 replies
Try interviewing at least three managers.1.
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12 February 2025 | 13 replies
I can analyze LTRs more easily due to the availability of the material information.
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20 January 2025 | 14 replies
Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.
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5 January 2025 | 2 replies
This is the only app I can find customized for tracking your hours and that of your cleaners, handymen etc... Anyone have any experience with it?