Patrick Bavaro
Is “dumb data” holding property managers back? Startup validation
25 September 2024 | 3 replies
The platform is heavily supported by AI, offering insights that go beyond tenant retention, including tenant health scores, engagement analytics, maintenance efficiency, payment patterns, and property performance comparisons.RentKeep integrates with property management systems like Buildium and AppFolio, functioning as parallel software to help property managers truly understand the data behind their properties.
Jared W Smith
Market Research / Family as boots on ground
24 September 2024 | 2 replies
(This is in the Southeast part of the country.)Market FundamentalsPopulation Growth: 1.8%Median Household Income: $77,573Wage/Income Growth: 7.3%Unemployment Rate: 4.2%Job Growth: 2.7% (slight decline last 2 yrs)Home Ownership Rate: 59%Median Age: 35Employers are stables between Health, Tech., National Retailers & Shipping Companies, local schools and BankingCrime is 1.06 Violent Crimes & 9.82 for Property CrimesSchools are on average 6/7 out of 10.
Dina Schmid
Buying Parents' Home - Ways to reduce costs and hassle?
26 September 2024 | 10 replies
I don't want to go into details on a public forum, but the house is worth very little and at their age/state of health, they will really need the full amount from their house.
Larry Nielsen
Section 8 or Traditional Rental?
25 September 2024 | 14 replies
Most S8 tenants have a history of bad decisions and from all that, many have only learned how to game the system.We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher and pretend to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
Nia Booker
Horrible First Multi Investment Experience - Do I Need Legal Counsel?
25 September 2024 | 8 replies
I don't see that you lost any money in the deal so I would just start over and not waste mental energy on the colossal errors of this former agent and team.
Kelly Flippin
Registered Nurse & ready to learn & begin my real estate journey for retirement
24 September 2024 | 11 replies
I'm a registered nurse & looking for a way out full time in the health industry.
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
I used the same logic so since I had mentally marked my investment in AVAF1 down to $0, I asked myself, if I had the amount of the capital call available today to invest in this as a new deal, would I do it?
Michael Quarles
What Happened to BP?
24 September 2024 | 27 replies
Josh had a really serious health issue with one daughter and had to step back, and then sold the company.
Alex Boulger
Selling Rental with 2 Out of 5 Year Rule
25 September 2024 | 14 replies
If you hit the two-year mark before selling, you should be eligible for the exclusion.If you don’t meet the two-year requirement, you could look into partial exclusion for certain circumstances, such as job relocation or health reasons.
Jesus Montero
Available options for a 3-unit multifamily that is zoned as 2-unit family Union City
22 September 2024 | 2 replies
It took us 3 months to remove an illegal mentally disturbed tenant from an apartment who was sub-letting from one of the tenants.