Rafael Valdor
Are there red flags in PM agreement?
20 January 2025 | 2 replies
.- PM charges 8% of rent, which escalates to 10% if the property exceeds 95% occupancy with rent collection. - PM charges minimal fees.- PM is contractually obligated to perform annual maintenance/inspection to keep property in top shape. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
Garrett Ramela
What's going on with Azibo? Any recommendations?
20 January 2025 | 4 replies
Realistically, to make the business work, they are hoping all the people who are using the "free services" to eventually go into banking where they can collect fees for anything bank related.
Jarrod Ochsenbein
My 4th rental property is now under contract
17 January 2025 | 12 replies
It has a full studio casita out back that will be an LTR.I plan on buying 3 or 4 investment properties this year after I learn more on the co-living marketing and rent collection side of things.
Albert Gallucci
is it too late to get rich slow at 61
20 January 2025 | 3 replies
Are you collecting properties or collecting money?
James Wise
TikTok Shutdown 1.19.2025...How does this effect your business?
12 January 2025 | 3 replies
Quote from @Dominic Mazzarella: Quote from @James Wise: TikTok is supposed to be shut down in the U.S on 1.19.2025 unless the Supreme Court blocks or delays the U.S. ban per Trump's request.I won't pretend to have any idea how the inner workings of the data collection between China and the USA effect the world, but on a personally business not, I like it.
Kevin Brown
Best Accounting Software
27 January 2025 | 6 replies
I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.
Steve Stinson
Huntsville #4 - 2025 Best-Performing Cities: Mapping Economic Growth across the US
27 January 2025 | 0 replies
In 2023, US metros collectively grew by 2.6 percent in real GDP, contributing to 91.1 percent of the nation’s overall economic growth.
Lina Truong
Please help me get started for mid-term rental investments
27 January 2025 | 19 replies
This group is an incredible collection of midterm rental hosts who support one another by offering advice and suggestions, being a sounding board for each other, offering mentorship and collaboration opportunities and share our respective networks.
Daniel Hartz
Trying to refi out of a bridge loan on a SFR with tenant
15 January 2025 | 10 replies
After my P.M. costs I collect $940 or so/month.
Jermaine Washington
Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
If they don't contact us within 10 days, we can change the locks and take possession.And, of course, if you choose you can file for collections on them.