
18 December 2024 | 9 replies
All funds process through various channels but the PMS (with trust accounting which is very important) keep track of all the funds and then we disburse monthly to the owner.

24 December 2024 | 25 replies
It does bring in some income outside of season as it is close to AC but it certainly makes over 80% in 3 main months.
10 December 2024 | 2 replies
Should I present the expenses to all three tenants and ask them to cover the charges?

10 December 2024 | 5 replies
I manage the property and the tenants, pay the owner of the property a rent that meets their mortgage plus a little profit, charge fair market rent from the tenants I sublet to, and exercise an option to buy the property after a predefined term and at a predefined price.This way tired landlords don't have to manage their property anymore, and I start investing with little to no money.

16 December 2024 | 15 replies
What counts most in RE are relationships, and this is as easy as going to RE meetups and adding every day just 1 new contact in your CRM, and following up every other month.

17 December 2024 | 8 replies
I would need to know more specs on the house but with material shortages It's difficult to say how much to budget. 80K-120K for full gut perhaps but unsure with lumber beings so expensive and shortages.I would plan 9 months of vacancy between the pain you will endure pulling permits & having your contractors show up everyday to complete the work & then final inspections to get a CO.

10 December 2024 | 6 replies
I charge a really high fee and require the tenant to carry bite insurance.Inspections are done on a schedule and always recorded with pictures and/or video.

17 December 2024 | 1 reply
Delays: The project has been delayed by more than 8 months beyond the original timeline. 3.

13 December 2024 | 6 replies
They said for me to come back in 3 months, because I had only owned the property for 9 months.

16 December 2024 | 21 replies
Keep all the hard systems on a 6 month service schedule.