William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
Starting with three T-12s from properties of a similar size and market is a fantastic strategy, and I’ll definitely take your suggestion of setting aside time to really dig into the details.Thank you for the encouragement and practical tips—it’s advice I’ll take to heart as I move forward.
Sofia De Santos Tavarez
How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
To streamline design choices, create a design guide or "mood board" beforehand to stay consistent with finishes that match the neighborhood's expectations.For monitoring progress, a property manager can sometimes oversee construction, but it’s typically better to rely on the GC for updates.
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
17 January 2025 | 33 replies
They have a brand they're trying to keep consistent over the entire portfolio.
Silas Melson
Estimating Rehab Costs
14 December 2024 | 15 replies
I do think that having a contractor give you quotes is MUCH better, but often not completely practical or ideal either.
Kegan Scholl
Best market for first house hack to cash flow? FL, TX, AZ, UT, other?
18 December 2024 | 5 replies
It is consistently ranks in the top 5 areas for real estate investing for a reason.
Gamal Harding
Property Management is Much More than Collecting Rent…
23 December 2024 | 9 replies
A strong partnership benefits both parties.Happy vendors are more likely to prioritize your jobs and provide high-quality service, benefiting both tenants and owners.Balancing Stakeholder NeedsBalancing these relationships requires a strategic approach:1.Standardized Processes: Implement systems that ensure consistency and efficiency in addressing maintenance requests, approvals, and payments.2.Transparency: Use technology, like owner and tenant portals, to provide real-time updates and visibility into ongoing issues.3.Regular Communication: Maintain open lines of communication with all stakeholders.
Shaun Ng
To help update deed records following a legal name change
18 December 2024 | 4 replies
Not practicing law in your state though, so you need to consult a qualified lawyer in your jurisdiction to see what to do
Alvin Sylvain
Anybody play this game called "Tenants" on Steam?
24 December 2024 | 9 replies
It's good practice in making the calculations needed to decide whether or not to pull the trigger on a potential deal.You soon learn that starting off as a Doctor is less advantageous than starting off as a Janitor, because the game presets your income and expenses based on the job title.
Cassandra Devine
Evicting rent stabilised tenants to convert an SRO to a primary residence?
18 December 2024 | 4 replies
Does anyone have any practical experience with similar situations and if so what was the outcome and how long did it take to resolve everything?
John Voychick
Do not use Suncoast Property Management in Jacksonville
4 January 2025 | 29 replies
It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.