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26 November 2024 | 3 replies
This log should include:•The date of activity•The property worked on•Specific activities performedExamples of activities that typically count include approving tenants, setting lease terms, handling repairs, and other hands-on operational tasks directly related to managing the property.
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7 December 2024 | 150 replies
Originally posted by @Joe Gore: I wish I had time I would start a school and teach the new comers all about notes without all the Internet hype and misleading information they are getting now.
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29 November 2024 | 2 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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27 November 2024 | 22 replies
I am a busy man, sometimes more than others, as we all are.I come in here to help others when I can.I make no money from this-and making money is my primary focus.That and handling the responsibilities and time consuming tasks that go with it.I also lead a very comfortable life full of friends and business acquaintances that take up a great deal of my time.
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26 November 2024 | 1 reply
I'm all about efficiency because i hate having to do repeated tasks, but tasks that now AI can do.
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3 December 2024 | 3 replies
There have been at least 3 studies that show this is true for virtually every large city in the US (you can internet search this).- buy and hold is currently tough in San Diego.
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31 December 2024 | 418 replies
It's known investment of 20% and above is Ponzi and would be very fast liquidated.known investment of 20% and above is Ponzi and would be very fast liquidated.Madoff for example does't open his fund to everyone but use a feeder fund, in this instance, Norada is the feeder fund and may receive kickback/commision from the Lopez guy.For me it's very transparent Ponzyyy just by opening their website, there're thousand of warning spread out of internet.
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4 December 2024 | 30 replies
If you have less than 20-30 rentals Quickbooks little brother Quicken is much cheaper, easier, and still overkill for such a simple task.
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10 December 2024 | 39 replies
Our cleaning fees for the year were $40k, landscaping $2.5k, handyman $3k... all tasks that can be done by an operator and off set the loss of income from occupying the main house that brought in about $40k for 2024.My wife and I have decided that even though it makes good money, we have been in Texas for a year and we want to do something similar here and we are very much DIY people and don't want a PM company to run it to the ground.
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20 November 2024 | 18 replies
I’ve made a conscious effort in automating and digitizing more of my rental management tasks and can share some of the tools I've been exploring that might be helpful to others.I use Baselane a lot, it is a platform that's really geared towards landlords and real estate investors.