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1 August 2024 | 71 replies
If Jesus came back and got into rentals NO, N-O-B-O-D-Y get's admin access into our system. 2) They want a standardized list for maintenance items so they know in advance what repairs would cost.Being a PMc I'd invite them to acquire any of the readily available construction estimating tools/software out there such as RSMeans, but would not take on such a task as building and maintaining such a database, honestly for any $, it's simply not what we do. 3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.A-ok. 4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.I'd be fine with this as long as they sign a waiver that they own any/all negative impacts that result from such including extended vacancy periods, vendor refusals of service necessitating there own self-search to secure amicable vendor etc etc.. 5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $300LMAO!
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31 July 2024 | 18 replies
With technology and public access to MLS and other data bases, the value of and number of deals where a wholesaler can add value has declined significantly2.
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26 July 2024 | 5 replies
@Orane JacobsHouse hacking is a strategy that can reduce living expenses and generate rental income, potentially enabling investment in more properties.
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28 July 2024 | 7 replies
Leasing Management Program Overview The Leasing Management Program will involve the following activities: • Annual review of all units via the tax assessor database to identify potential "hidden" leasing situations. • Creation and maintenance of a list of all units/owners approved for leasing. • Creation and maintenance of a leasing waiting list for homeowners requesting to lease their units. • Creation and maintenance of a list of tenants' names and contact information. • Inclusion of tenants in the association website with "renter" level access. • Inclusion of tenants in the violation system, including sending notices to them when needed. • Regular monitoring of approved leases to ensure proper actions are taken at the leasing expiration and renewal dates. • Preparation of quarterly reports for the Board of Directors outlining the current status of the leasing program. • Coordination with the Association attorney as needed for enforcement of the leasing provisions. • Assessment and collection of costs for this program from the leased units by the authority of the Community Covenants, Conditions, and Restrictions (CCRs), $150/year.
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25 July 2024 | 4 replies
Hello Francis,Skip tracing services charge fees because they aggregate data from multiple sources, often including private databases, public records, and proprietary data, to provide accurate and up-to-date contact information, including phone numbers associated with a property.
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25 July 2024 | 0 replies
This financial strategy enabled timely project execution and ensured the necessary resources were available to complete the renovations.
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26 July 2024 | 11 replies
To perk your situational awareness and switch you to economically enabled I need you to read Read the 2015 NAR Danger Report.
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24 July 2024 | 0 replies
This approach enabled swift action, allowing a same-day sale for $233,000.
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24 July 2024 | 2 replies
We need to do something that is going to enable our capital to appreciate with the market and like the ideas of investing but are unsure where to begin.
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23 July 2024 | 1 reply
What other filters should I enable?