David Oh
Profit Sharing Bonus for Property Mangement Staff
31 January 2025 | 10 replies
Avoid basing it on uncontrollable factors like taxes or insurance.
Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
27 January 2025 | 21 replies
Financial Freedom Network I laughed at -- after reading the agreement, no comparable value for that monthly price -- 3 or so years ago, if value has changed now, my time-based disclaimer is as aforementioned -- and Legrand would do well to disconnect FFN from his name, as I believe FFN is now out-sourced, whatever.I empathize with you , Joe and the other responders, but when I read Legrand’s, and most of the other guru’s, contracts prior to trying a teaser product, it clearly stated in the agreement that if customer did not want the upgrade service for which the teaser/free product, free video, whatever, was being given away, then customer must cancel within the stated period of time, which almost always range from 30 to 90 days [60 days is becoming more common, as more folks forget to cancel]So long as terms to cancel are clearly stated prior to contracting, I don’t find it unethical, -- and real estate gurus have merely adapted a teaser or rebate marketing technique used in most every industry -- recently even Chrysler cars [try our minivan for 60 days!
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
Throughout this process, at your direction, AHP Servicing will service the loan and Activist Legal will facilitate the receivership and completion of the foreclosure.
Patrick Pan
How to find concealed eviction records
31 December 2024 | 17 replies
What we really need is a single internet "bad tenant" list to warn each other.
Collin Hays
Condo Caution in the Smokies
21 January 2025 | 5 replies
There is almost no scenario where a condo would ever positive cash flow while servicing debt, and very little positive cash flow with no debt.If your budget only allows for a condo, find a better place to put your money to work.
Leslie L Meneus
Is Franchising/Business Ownership "Really" Not Considered REI?
30 January 2025 | 4 replies
Those that own it can be harder to sell as the cash flow from the business will cover the debt service for the business, but not for the real estate.Example: I had a very high-end assisted living facility on the market.
Account Closed
Property Management Fees in Rochester, NY
19 January 2025 | 1 reply
Type Line Item Fee Fixed Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $600 Variable Fees Business Hour Service Calls $90/hour + Materials Cost + Tax After Hour Service Calls $120/hour + Materials Cost + Tax 3rd Party Coordination HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Negotiated Vendor Cost + 10% Oversight Fee
Jack Phillips
Best CRM to use in 2024?
26 January 2025 | 19 replies
It's highly customizable and integrates well with various tools, including phone and SMS services.
Mark Simpson
Interesting use case for ChatGPT Operator:
29 January 2025 | 6 replies
It even gave suggestions on what I could improve based on what my competition is offering.Link to the operator in action is here https://drive.google.com/file/d/1C1uTqgWGfs3AMsUdDWd0FOTbVFM...Quick tip: don’t pay the $200 for this just yet.
John K Smith
Property Management Fees in Rochester, NY
19 January 2025 | 2 replies
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee