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22 January 2025 | 22 replies
Quote from @Andrew Betts: Hi Michael - We own and manage homes in Solara, I can recommend it for a strong ROI, and there is full access to the clubhouse, and better quality food and drinks there, than at other resorts.
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18 January 2025 | 18 replies
Years ago it was finding quality tenants.
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26 January 2025 | 11 replies
If you need to get it rented fast, a great property manager would list the home for $2100 (below market) and get several quality applicants competing against each other to drive the price up to the max so you don't risk vacancy by starting out too high and gradually reducing to find the sweet spot.
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21 January 2025 | 8 replies
So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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16 January 2025 | 10 replies
Full disclosure, I only deal in LTR at the moment, but I know when I am not getting the quality applicants or volume that I want, I will lower the price by $50 to $100 per week to spur more applications.
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16 January 2025 | 0 replies
Buyers expect premium finishes, so skimping on quality can hurt resale potential.
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16 January 2025 | 78 replies
Quality over quantity for me.
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24 January 2025 | 0 replies
This is where you can significantly increase the value of the property by making improvements that attract quality tenants and justify a higher rental price.
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21 January 2025 | 10 replies
Once you narrow it down, start with small jobs to test their reliability and quality before giving them bigger projects.Building a solid network takes time, but having dependable people on call is a lifesaver for your rentals.
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24 January 2025 | 8 replies
and you will have many many applicants assuming the quality of the rental and the rents requested.