Kara Johnson
Where to start to scale
11 June 2024 | 7 replies
And then if you want/need the fancy features, you can upgrade piecemeal.
Bill Mitchell
Average Cost for Kitchen Granite Countertops?
9 June 2024 | 20 replies
For those who are wowed by the fancy edges, my suggestion is to avoid them.
David D.
Using a predictive model to find undervalued properties.
11 June 2024 | 46 replies
It's not rocket science, and I did not need any special calculators or fancy bells and whistles.
Ryan Daulton
Tenant property destruction
7 June 2024 | 7 replies
Conduct routine inspections, including requesting the tenant to send you self-inspection photos (this needs to be a tenant obligation in the lease agreement though to be able to enforce that obligation). 2.
Jeff G.
Tenant Assistance Programs Keep Dropping The Ball, How Do I Fix This?
7 June 2024 | 2 replies
They routinely pay out around the 15th of the month.One single and pregnant tenant has bounced through a few public and private assistance programs.
Casey Adams
Refinance Struggles/Question on my first BRRRR
7 June 2024 | 21 replies
@Casey Adams @Clint Jusino There’s a few programs that I utilize routinely for my clients on the 90-day BRRRR refinance for 75-80% LTV.
Courtney Barnes
Kissimmee/ Davenport Vacation Short Term Rental to Retirement house
7 June 2024 | 14 replies
I do a lot of repairs and maintenance myself when I come down in the winter and during the quarters I make the trip, but here's just a sample of things I had to pay for in the last year:Pool screening: $985 (big hailstorm destroyed 13 screens)Irrigation repair: $394Irrigation repair #2: $230Palm trimming (twice: $200Pool light replacement: $950And all of that of course leaves out routine replacement of towels that get left at theme parks, sheets and pillowcases, busted blenders, and a host of other things I can't even think of right now.
Sandeep Shukla
Long distance property management
5 June 2024 | 8 replies
"Short term" is higher maintenance, of course, and requires "boots on the ground" on a routine basis.
Nick Allen
Tips for processes and software for minimizing work involved in self-managing rentals
5 June 2024 | 3 replies
Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?
James Wise
Yo! Out of State Investors! Stop doing this. We are laughing at you.
6 June 2024 | 71 replies
Obviously these are nothing fancy but they are also not slums.