
30 September 2024 | 8 replies
My issue (one of many) with my current PMC is that they have failed to get me even a single tenant in almost a year now and keep telling me that they don’t understand what the problem is, but literally 30 minutes after I started advertising my units myself, an eligible tenant responded to my own add. It

29 September 2024 | 2 replies
Additionally, if it is bearing, then you'd need to add a header to transfer the load.

30 September 2024 | 5 replies
They are harder to sell, which presents additional risk.Finally, there could be refinance risk.

2 October 2024 | 17 replies
They charge me 7% for the basic guaranteed rent service (along with the listing fee) and then if they do manage any of the tenant work orders there is an additional fee on top of that because I only signed up at the lowest level where owners manage work orders.

1 October 2024 | 12 replies
Sounds like your PM is either trying to generate additional interest revenue for themselves with your money, or they are having their own cash flow problems.

1 October 2024 | 2 replies
On another 10-unit mixed-use property in a nearby coastal town, we carry hurricane and earthquake insurance, in addition to O&L (ordinance & law) supplemental coverage.

30 September 2024 | 24 replies
Additionally, I have received feedback from one prospective buyer that they don't love that it is a 1.5 car garage and not a 2.

30 September 2024 | 8 replies
So spending the additional money to convert a property in my area is never worth it.I mention this, because if you goal is higher returns on your investment, I would make sure the financials actually align before you even begin to get to the technical components.

29 September 2024 | 21 replies
Additionally, a larger property like this is valued based on the actual cash flow, not sales comps, so you have the ability to force appreciation faster with efficient management.Adding the a 5-10 unit may also increase the amount of time you spend getting you closer to the 'Real Estate Professional' status for tax purposes opening up room for offsetting some W-2 income on taxes.

30 September 2024 | 12 replies
, we rarely need to evict, and one of the reasons for that (other than a consistent 21-point tenant screening process) is that once the tenant recognizes that you are serious and have a consistent process in place they respond in one way or another.One more thing - I suggest you don't accept partial payments, as this can delay the process as well.Feel free to reach out if you have additional questions or if I can assist in any way!