
20 May 2024 | 7 replies
Just a conventional loan of some sort to close the sellers note, and start one in my name?

20 May 2024 | 35 replies
My suggestion would be to select someone with the most forum posts or most reviews.

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.

19 May 2024 | 6 replies
What I have seen before is "selective enforcement" practices from some management companies.

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.

22 May 2024 | 48 replies
But we got it sorted.

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.

21 May 2024 | 53 replies
@Sam Shueh Sort of, but then I gotta get my money out for the next one.

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.

19 May 2024 | 5 replies
Lastly, what sort of investing are you looking to get into?