Deirdre Lizio
Should you pick a property manager based on price or service?
17 January 2025 | 23 replies
Hey Deirdre,To address your questions:Providing freedom by handling day-to-day operations.Offering peace of mind through proactive maintenance and tenant communication.Reducing risks by staying ahead of legal requirements, tenant screening, and dispute resolution.Enhancing the bottom line by identifying cost-saving opportunities while ensuring tenant satisfaction to reduce turnover.Is the experience still important when the property thrives financially?
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
Essentially, it was one account with the bank tracking individual tenant details on your behalf.That said, it’s critical to ensure your financial records remain accurate by reconciling the account on a monthly basis.
Jasmine Thermitus
Primary to Rental Property
15 January 2025 | 15 replies
You minimize your risk of violating Fair Housing Law or compliance issues using an experienced property manager.3.
Richard Volkov
Could This Be a New Way to Invest in Real Estate Without Buying the Whole Property?
16 January 2025 | 39 replies
Ensure fair terms for both parties.2.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
Framing your position as fair such as explaining the difficulty of finding renters during off-peak months - might help maintain a positive relationship and reduce risks of property damage.Prepare for What’s NextEven if the tenant moves out early, ensure you’re protected.
Gregory Schwartz
How do you protect yourself from TCPA violations and Do Not Call List lawsuits
15 January 2025 | 5 replies
With the increasing number of lawsuits and penalties for TCPA violations, I'd like to cover my backside and remain compliant.How do you scrub your lists to ensure you’re not contacting people on the Do Not Call list?
Mitch Smith
How Tiered Returns Has Helped Us Structure Our Private Lending Deals
17 January 2025 | 3 replies
Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.
Julie Muse
Outlook St: Quick Flip Success in Mission, KS!
13 January 2025 | 1 reply
This provided Archie Raglin with the financial backing to close quickly, ensuring no delays and maximizing the opportunity for a fast sale at a profit.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
For those more entrenched in the Denver development market than I am, is this a fair trade for the city and for the developers?
Jonathan Baptiste
Any advice on finding dependable contractors
13 January 2025 | 5 replies
This ensures you can provide them with a clear and accurate scope of work.