21 March 2020 | 1 reply
Look for People SkillsProperty management is, ultimately, a people business.Not only will your manager deal with you and your tenants, but they’ll also need to work with third-party suppliers, regulatory bodies, and legal agencies.The better their people skills are, the better they will be at managing your property.This is often something you need to evaluate face-to-face when you meet them.
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3 April 2020 | 5 replies
Up to this point, the only effect this crisis has had on us personally is that we've stopped eating out (a good thing) and we haven't been able to attend church (a bad thing).Our church has virtual services but we don't have broadband and thus can't watch them.In two weeks we'll find out how this is going to impact us as April rents will be due.
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3 November 2021 | 72 replies
Anything you have to rehab right now, anything you need guys to show up and work on, should be a very big question mark in your portfolio right now.One of my buddies had a 10% hike on his loose lumber package, this was last Tuesday. when you wrote this last week I check lumber futures and I dont see a reason for the jump lumber futures are down. it sounds like a supplier maybe gouging.
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24 July 2021 | 172 replies
Government is forcing a business to lock their doors, yet they are still required to pay their landlord, suppliers, utilities, taxes.
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28 January 2021 | 32 replies
All you need to do is a search on "online cabinet doors" and you'll find supplier after supplier.
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29 March 2020 | 19 replies
Since I have put it into my lease they no longer look to me to be the supplier of filled out deposit slips.
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1 April 2020 | 4 replies
I am a kitchen cabinet supplier and this question comes up very often.
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3 April 2020 | 6 replies
I have 10 years in residential construction and good network of subs and material suppliers.
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2 April 2020 | 88 replies
I ate a lot of Ramen noodles, but not a single contractor, lender, or supplier was left holding the bag.
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4 April 2020 | 1 reply
Check whether the insurance policy covers business disruptions resulting from the loss of a key supplier’s services/products, as a result of COVID-19.Lastly, ask your bank about payment deferrals.