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Results (10,000+)
Mark Graham II Seller finance exit strategies
20 May 2024 | 7 replies
Just a conventional loan of some sort to close the sellers note, and start one in my name?
Kevin D. How do you build a team as a beginner out of state investor?
20 May 2024 | 35 replies
My suggestion would be to select someone with the most forum posts or most reviews.
Malick Ngom NEED HELP: Finding insurance for a small condo complex
19 May 2024 | 6 replies
Not necessarily a bridge loan, I am mainly talking about any sort of non-conforming loan which works for your buyer.
Lynn McGeein Covenants vs Newer Rules & Regs: Which Prevails if Different?
19 May 2024 | 6 replies
What I have seen before is "selective enforcement" practices from some management companies.
Andy Quesada how does builders participation really work?
19 May 2024 | 0 replies
Currently I have the ability to purchase a single family residence for a price that won't cash flow unless I add an in-law suit of sorts.
Coty B Lunn Managing Investment Properties: With or Without a Property Manager
18 May 2024 | 2 replies
Let's explore some effective approaches for managing investment properties:With a Property Manager:Screening and Selecting Tenants: Entrust your property manager to handle tenant screening, background checks, and selection, ensuring reliable renters for your investment.Rent Collection: Property managers can ensure timely rent collection and handle any late payments or lease violations professionally.Maintenance and Repairs: Delegate routine maintenance tasks and repairs to your property manager, who can coordinate with contractors and vendors to keep your property in top condition.Tenant Relations: Property managers serve as the primary point of contact for tenants, addressing their concerns and ensuring a positive rental experience.Lease Enforcement and Evictions: Trust your property manager to enforce lease terms and handle the eviction process if necessary, following legal procedures.Financial Management: Property managers can handle financial tasks such as budgeting, accounting, and financial reporting, providing you with regular updates on property performance.Without a Property Manager:Self-Management: Take on the responsibility of managing the property yourself, handling tasks such as advertising vacancies, screening tenants, and collecting rent.Outsourcing Specific Tasks: While not hiring a full-time property manager, consider outsourcing tasks like maintenance and repairs to trusted contractors or service providers.Utilizing Technology: Leverage property management software and online platforms to streamline processes such as rent collection, lease management, and maintenance requests.Establishing Clear Policies: Set clear policies and procedures for tenants regarding rent payments, maintenance requests, and lease terms to minimize conflicts and misunderstandings.Regular Inspections: Conduct regular inspections of the property to identify maintenance issues or lease violations early on and address them promptly.Building Relationships: Maintain open communication and positive relationships with tenants to foster a sense of community and encourage better care of the property.Whether you choose to hire a property manager or manage the property yourself, effective communication, attention to detail, and a proactive approach to property management are key to maximizing returns and maintaining the value of your investment.
Bukka Levy Using business credit cards to fund buy and hold. Help?
21 May 2024 | 53 replies
@Sam Shueh Sort of, but then I gotta get my money out for the next one. 
Ugo O. Starting out as a Candian looking to invest in the USA
20 May 2024 | 10 replies
Here's some steps I would sort of recommend if you start:1- Investor Profile: We always do it with our banker, but less often in real estate.
Franklyn Benjamin Local Newbie Seeking Knowledge
19 May 2024 | 5 replies
Lastly, what sort of investing are you looking to get into?