
16 July 2024 | 2 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

16 July 2024 | 5 replies
Thanks A lot has been written on BP about R2R and everything looks solid.I'm a big believer in sticking with 1 market until you build a large enough portfolio and diversification is justified.Like with many investments and not just turnkey, it's important to build a large portfolio.The time and associated risk isn't worth buying 1 or 2 properties if you expect a significant impact on your bottom line monthly cashflow.Most turnkey properties are sold at fair market value or slightly above.Nothing wrong with this as long as property management is solid and does their job with integrity.Buying turnkey you won't have built in equity so no growth can be manufactured and you will have to wait for the market to grow to see an equity gain.Thus, IMO it's important to have mindset where you endeavor to build a large enough portfolio so the monthly cashflow makes sense and the portfolio becomes safer.Much success

15 July 2024 | 2 replies
It should be a fairly easy process to set that up for the new tenant.

15 July 2024 | 2 replies
Not sure how much research you have done on the area but with the Amtrak being built that will allow travel from Scranton to NYC, I’m fairly certain that gentrification will start taking place before 2030.
14 July 2024 | 5 replies
Also, owners/tenants/and vendors enjoy using it as a form of communication and information gathering.

11 July 2024 | 6 replies
I call right away unless the lead has another preferred communication method.

15 July 2024 | 5 replies
However, under the "Disparate Impact" legal theory, fair housing issues arise when denying persons with a criminal record involving non-serious offenses and offenses that are remote in time.

13 July 2024 | 9 replies
Since I'm only at 1 property right now, bookkeeping should be fairly simple.

17 July 2024 | 20 replies
They know how to handle caregivers and other staff - That means being both firm and fair with the caregivers as they will be actively managing, hiring and (if needed) firing them.

14 July 2024 | 11 replies
Speak to them about their experiences and satisfaction with the firm.Look for testimonials or case studies that demonstrate successful investments and positive investor experiences.Evaluate Transparency and Communication:Assess how transparent the firm is about their operations, fees, and processes.Ensure they provide clear and regular communication about your investments, including updates on loan performance and any issues that arise.Analyze Risk Management Practices:Understand how the firm manages risk.