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14 August 2024 | 64 replies
This reminds us of a 2nd grade math teacher taking all the credit for his student getting an A in calculus.
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7 August 2024 | 7 replies
If so,Have you considered renting and turning your current unit into a rental investment (enabling a 1031 exchange after 2 years of rental income) ?
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7 August 2024 | 15 replies
This enabled me to raise cash from the assignment fees.
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5 August 2024 | 0 replies
This approach enabled us to purchase and resell the property on the same day, maximizing our return on investment and demonstrating the efficiency of our financial strategy.
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6 August 2024 | 54 replies
To me the issue isn't charging fees and making profit as much as it is doing so without providing tangible value in returnA business exchange should result in value added not extracted—charging a 50% leasing fee to then only do remote showings, charging a $25/mo smart-home fee because of an added a $50 wifi-enabled thermostat My clients pay management fees as high as 20%, none lower than 13%, and in return they receive comprehensive property managementMy residents pay nothing other than rent, because they're not clientsI can't complain though, because if it weren't for the industry's standard practices becoming this way, I wouldn't have my niche
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9 August 2024 | 47 replies
Here's the language I use:Consent to Contact References and Perform Credit CheckI authorize [Type Agent Name Here] (“Agent”) to obtain, and to share with [Type Landlord Name Here] (“Landlord”), information about me from my credit sources, current and previous landlords, employers, and personal references, to enable Landlord and Agent to evaluate my rental application.I give permission for the Landlord or its Agent to obtain a consumer report about me for the purpose of this application, to ensure that I continue to meet the terms of the tenancy, for the collection and recovery of any financial obligations relating to my tenancy, or for any other permissible purpose.I authorize Agent to share my completed rental application (along with any supporting materials) with the Landlord.Applicant signature: _________________________________Printed name: ______________________________________Address: ____________________________________________________________________________________Phone Number: _____________________________________Date: ______________________________________________
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5 August 2024 | 10 replies
Or you could get even more creative and find someone who wants to learn to play the piano or speak Spanish and you can be their teacher.
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5 August 2024 | 6 replies
The neighborhood possessed the correct fundamentals and even though home ownership was low, I was securing, teachers, nurses, resident physicians etc. as tenants but mistakenly focused too much on the cash flow.
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15 August 2024 | 57 replies
No fixed amount of money will enable you to maintain your current lifestyle over time.For example, suppose you buy a property where rents increase by 2% per year and inflation is 5%.