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30 January 2025 | 4 replies
We're also seeking to buy a local (Raleigh / Durham) property management company to expand that business more rapidly.
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23 January 2025 | 52 replies
The new people don't know and they are the business target.
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4 February 2025 | 9 replies
It's running a business NOT renting a house.
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30 January 2025 | 4 replies
:) There's so many Gurus pitching this and that without mentioning the risks to them and to the buyers.So glad to hear re your business model being fair to the buyer.
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5 February 2025 | 56 replies
This is a very complicated business.
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20 January 2025 | 10 replies
I've picked up several really good deals because a tenant operator ran the business into the ground to a point where the property owners just wanted or needed out.
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3 February 2025 | 15 replies
I personally believe that a better way to jump into mid term rentals is to take a course on buidling a property management company or cohosting business where you bring your skillset to the table without the intial investment into all the furniture and leases.
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29 January 2025 | 2 replies
@Michael Quarles I can honestly say that I've never gotten any solid business from postcards.
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4 February 2025 | 4 replies
You really shouldn’t be running your business on a stranger googling answers for you but…the google says: Depending on the rental agreement, Georgia landlords typically must provide a 60-day notice for lease renewals or terminations, while tenants generally need to give only a 30-day notice for lease termination.Jan 18, 2024If a new lease is not signed, and the landlord continues to accept monthly rent, the terms of the original lease still apply, except the landlord is required to give sixty (60) days' notice before she can terminate the lease or change the terms, and you (the tenant) are required to give thirty (30) days' notice before leaving.So you can’t non-renew until the end of April and you can’t even increase the rent until then.
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8 February 2025 | 20 replies
Let me know if you have questions.Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 3-5 points(%) of loan amount (Most Deals are 3 points(%)) - $2500 minimum fee Minimum Loan Amount: $75,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 10-20% of purchase price down or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 7-10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.