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16 January 2025 | 3 replies
I would consider adding loss of rents coverage.
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21 January 2025 | 6 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
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16 January 2025 | 0 replies
I focused on adding modern luxury amenities to increase the property’s appeal to the high-end market.
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26 January 2025 | 7 replies
Here’s what I recommend instead:Offer Value Beyond Price: Rather than just lowering your rates, focus on adding value to the guest experience.
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19 January 2025 | 11 replies
That might include things like adding units, converting commercial space to residential, or finding ways to boost income (like adding parking).The key is recognizing opportunities while walking the property, and that takes experience.
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21 January 2025 | 2 replies
For added context, currently renting, no debt (aside from a car loan with about 25k left).
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27 January 2025 | 2 replies
I don't disappear when things get hard.Luckily, the investor/seller agreed that adding a fence and some other things would bring the property a better sale price.Not all agents are experienced, and not all investors need an agent.
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15 January 2025 | 9 replies
A client of mine in Maryland added smart home features to their rentals and boosted rents by 12% with minimal investment.
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16 January 2025 | 0 replies
I added value to this property by preserving its original architectural features while modernizing the interior.