Drue Fourmont
Any advice for his investment situation?
20 December 2024 | 1 reply
Sometimes pulling out equity and reinvesting it elsewhere..maybe in a smaller, more agile asset..can give you the cash flow boost you’re after without giving up a solid property.Improving the property’s current performance by making it more appealing to tenants or tweaking lease structures could give you a nice bump.
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
Some towns require a nightly online form to be filled out for any non-residents who are parking their cars (this is easily automated from an operational standpoint).As the MTR market becomes saturated over time, those who have separated themselves from the rest of the "competition" will continue to perform well by having an outstanding listing and all the MTR-specific amenities.
Puneet Mahi
Starting Property Management Business
23 December 2024 | 13 replies
It is widely recognized as a loss leader within the industry and those who are successful normally have a complimentary business such as a brokerage or a construction company that performs complimentary services.
Brandon VanTuinen
First house hack - too expensive?
20 December 2024 | 9 replies
This might help you see the property’s performance in a clearer light.
Gamal Harding
Property Management is Much More than Collecting Rent…
23 December 2024 | 9 replies
Ensure vendors feel fairly compensated for their expertise.3.Feedback and Recognition: Provide constructive feedback on their work and recognize exceptional performance.
Scott Suryan
Turnkey providers in out of state markets like REI Nation
19 December 2024 | 4 replies
(@Jonathan Greene DM us if you'd like to chat about them)Regarding turnkey in Metro Detroit, haven't seen anyone do it the right way:( We've picked up dozens of their clients that fire them due to poor tenant performance and nonstop repairs on their "turnkey" properties.
Chirdeep Bhutani
Are Cap rates getting better?
20 December 2024 | 8 replies
This is a micro economic condition based on a specific market as not all markets perform the same.
Katie Roche
Rent to Retirement...Proceed with Caution
16 December 2024 | 3 replies
This is an ongoing situation and I’m hopeful that with RTR’s help, this story has a positive ending.TLDR:Property not performing as advertised.
Eddie Gonnella
Airbnb Hosting as an Individual or Business/Brand? Building to sell/transfer
16 January 2025 | 40 replies
Tossed around quite a bit and it isn't what it once was, but the value is still very high based on past performance and brand recognition.
Daniel Reed
Strategies for Transitioning to Multifamily Properties with Positive Cash Flow?
25 December 2024 | 11 replies
Hello @Daniel Reed,The supposed advantage of multi-family properties over single-family homes is misleading when you look at financial performance.