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11 October 2024 | 12 replies
Valid points and only time will tell.
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7 October 2024 | 24 replies
And in the LS background there are all sorts of validations on what you are trying to do, so it just gets frustrating.
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7 October 2024 | 8 replies
You can validate this, don't trust me.
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11 October 2024 | 41 replies
My bookings usually come in 3-6 weeks ahead of time, which is great as it helps me to plan ahead and is further validation that I'm providing a place of value to people.
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5 October 2024 | 5 replies
Hi Austin,As a new landlord exploring self-management, your concern about obtaining signed authorizations for verifying applicant information without a physical signature is valid.
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3 October 2024 | 7 replies
The list of docs I have include:PSAMemorandum of AgreementAffidavit of LiensDue on Sale DisclosureAuth to Release InfoGen Warranty Deed (as the bank holds the title at the moment
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5 October 2024 | 1 reply
Here are a few thoughts on your perspective:Long-Term Holding Strategy: Your idea of holding onto a property for rental income instead of focusing solely on appreciation is a valid strategy, especially in a market like Japan's.
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4 October 2024 | 4 replies
Thanks for the mention @Nathan Gesner@Jodi-Ann Birch we don't do business up in Flint, but we have encountered Gebrael Management a few times as they've tried to do business in Metro Detroit.They seem to have good processes, but please validate they will meet your expectations.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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3 October 2024 | 7 replies
You should also ask about warranty coverage, lease-up periods, and what kind of rental demand exists in the area.
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5 October 2024 | 15 replies
Hey @Laura Sawicki, I second @John Underwood's comment about getting the actual Schedule E from the owners to validate all revenue that was reported to the IRS.No way I would rely on just a report they provided.