Jasper Zimmerman
Property management Anderson, IN
21 January 2025 | 6 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Mitch Smith
Top Renovation Trends for 2025: Designs That Our Buyers Love
10 January 2025 | 2 replies
By reimagining layouts, we improve functionality while enhancing the overall aesthetic.
Desiree Rejeili
Why Landlords Should Use Surety Bonds for Their Rental Properties
23 January 2025 | 1 reply
This tenant-friendly approach can enhance the landlord-tenant relationship and encourage longer tenancies.Drawbacks to ConsiderLike any financial tool, surety bonds come with potential downsides:Non-Refundable Fee: Tenants pay a non-refundable fee to purchase the bond, which may not appeal to all renters.Limited Coverage: Surety bonds only cover a specified amount, which may be less than the cost of severe damages or significant unpaid rent.Claims Process: While the process is generally straightforward, landlords still need to provide documentation and proof to the surety company, which could take time.How to Get Started with Surety BondsResearch Surety Providers: Look for reputable companies that offer tenant surety bonds.
Julie Muse
Grainfield Gem: Partner Driven & Amanda Frecks Flip Main St for Big Gains!
8 January 2025 | 0 replies
We added value by investing $45,000 in well-planned renovations, modernizing key areas, enhancing curb appeal, and ensuring market-ready quality.
Melanie Baldridge
My opinion: 401K VS RE
22 January 2025 | 8 replies
Here’s how using a Self-Directed IRA (SDIRA) to invest in real estate enhances these benefits, especially for those looking to diversify their retirement portfolio: Tax-Advantaged Growth: Real estate investments inside a self-directed account grow tax-deferred (traditional SDIRA) or tax-free (Roth SDIRA), meaning rental income, appreciation, and even gains from selling the property stay shielded from taxes until withdrawal—or forever in the case of a Roth!
Gamal Harding
Property Renovation Overview: 1453 Southfield Dr, Columbus, Ohio
1 January 2025 | 0 replies
A tenant now enjoys these enhancements at $1400/month, showcasing the property’s increased value.
Gamal Harding
Property Renovation Overview: 1453 Southfield Dr, Columbus, Ohio
1 January 2025 | 0 replies
Purchase price: $45,000 Cash invested: $40,000 Property Renovation Overview: 1453 Southfield Dr, Columbus, OhioWe are excited to showcase the extensive renovation of 1453 Southfield Dr, a testament to our dedication to revitalizing living spaces and enhancing the experiences of our tenants.
Yooni Choi
What's considered a 'good' cash flow in Pittsburgh?
7 January 2025 | 2 replies
Prioritize stable cash flow, good location, and manageable property condition, while considering strategies like gradual rent increases, expense reduction, and value-add improvements to enhance returns.
Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
23 January 2025 | 24 replies
Now, I focus on design and amenities that directly enhance their experience:•Practical Bathrooms: I added a combo washer/dryer to one of my bathrooms because guests coming back from outdoor adventures often need to wash their gear right away.
AJ Wong
What STR investors should expect on the Oregon Coast in 2025 and beyond
22 January 2025 | 2 replies
Direct booking website, highly attentive to guests needs and experiences and consistently enhance the property during ownership.