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16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
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13 January 2025 | 31 replies
We don't have that policy and I don't ever tell an applicant they can't apply I just make sure that there are multiple correspondences documenting our screening criteria.
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6 January 2025 | 4 replies
Some company paystubs have specific characteristics that are embedded in the document that make them a bit different.
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7 January 2025 | 3 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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16 January 2025 | 18 replies
I scan and upload all receipts, documents as I get them throughout the year.
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6 January 2025 | 7 replies
As someone who’s spent a couple of decades in real estate investing, here are a few things I’d keep in mind:HOA Restrictions: You’re absolutely right to check the HOA documents.
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17 January 2025 | 6 replies
https://www.portland.gov/phb/rental-services/documents/tenan...
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19 January 2025 | 354 replies
As of now, we have zero documents in the portal.
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15 January 2025 | 15 replies
Use an agent to help you get qualified tenants and documentation in order.
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23 January 2025 | 31 replies
You just need basic documentation, such as the NIF (Tax Identification Number) of your company if it’s already registered, and they usually take care of the rest.I recommend, Jesús, that before signing up for a virtual office, you first establish your company (SL) and officially register it.