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4 February 2025 | 11 replies
So, something to think about.Next, what methods have you used to determine what kind/size of property to purchase?
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8 January 2025 | 6 replies
Definitely screen properly and don’t cut corners!
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23 January 2025 | 7 replies
By house hacking, you're immediately positioned as a landlord, which will adequately pressure you to learn how to structure your leases, screen applications, collect rental payments, resolve the nuances of managing tenants and addressing property issues, etc.
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7 January 2025 | 16 replies
The new person must complete an application and pass the screening.
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30 January 2025 | 19 replies
Hello, I am also located in Toronto and have around a decent sized portfolio in Cleveland.
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4 February 2025 | 10 replies
Networking with local investors through BiggerPockets, Facebook, and meetups can help you navigate the market, while avoiding common mistakes like underestimating expenses, poor tenant screening, and hiring the wrong property manager.Good luck!
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26 January 2025 | 13 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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28 January 2025 | 71 replies
Non paying tenants(as a newbie I did no screening), dead tenants, Silly fines from the city for nothing, attempted robberies where I ended up with the cops pulled guns on me. 30 recently released convicts as neighbors for a while, a jacked up 7' tall transvestite call girl/drug dealer was my least favorite neighbor.
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29 January 2025 | 32 replies
I think there's many variables that will sway things like - previous deal sizes, price points, strategy(turn key or fixer upper) and who the person is raising the money.
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15 January 2025 | 7 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?