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1 November 2024 | 34 replies
- Initial paperwork and chasing overworked caseworkers to process it, so tenant can move in- Helping the tenant complete & turn in their required paperwork to start the lease- Annual S8 inspections, which tenants often make difficult to schedule- Dealing with silly maintenance requests because tenant too lazy to change lightbulbs, etc.- Getting tenants to agree to rent increases and turning in all the required paperwork to caseworker, then, you guessed it, chasing them to process it- Dealing with the tenant's "entitlement attitude" that they don't have to follow the terms of the lease, so they move in other individuals and/or get pets without permission.So, a good PMC will charge something more to manage a S8 tenant/property - either a higher percentage or a one-time or annual fee.
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24 October 2024 | 6 replies
Make a plan to build equity over time and avoid chasing cash flow.
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29 October 2024 | 4 replies
That will chase away some of the bad apples or lookers.2.
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7 November 2024 | 45 replies
I deal with all the paperwork and the negative side like chasing unpaid rent and such but my property manager is amazing and deals with the day to day inspections, fixes, tours and most the communication.
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31 October 2024 | 17 replies
.- What does your mangement contract state about the PMC chasing tenants for past due balances after they move out?
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30 October 2024 | 35 replies
@William CoetThe big players definitely approach these markets differently from individual investors.
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25 October 2024 | 10 replies
I’m a former college baseball player and retired professional ballroom dancer, with a passion for entrepreneurship and real estate investment.
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28 October 2024 | 3 replies
Sometimes the less sexy route of just investing in a solid area, taking care of it and having solid tenant is going to put you ahead then people trying to chase cash flow and things that might not exist.
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30 October 2024 | 18 replies
I'm just chasing the first 100k.
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28 October 2024 | 8 replies
Do not chase a deal just because you are trying to hit your 4-6 properties, rather be strict and only pursue deals that will work.Regarding where to start, since you said you currently live in an apartment, I would think house hacking might be a great option.