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20 March 2024 | 16 replies
In my area, if landlord does not provide the itemized statement within proper time frame, the tenant has right to their full security deposit back, even if they caused damages, so I would make sure I followed proper procedure to protect myself.
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18 March 2024 | 35 replies
Upcharge for spa boxes, maybe a massage or concierge services, etc...Those marketing strategies will boost your bookings and top line revenue, plus make you more memorable.
19 March 2024 | 1 reply
Despite having obtained a permit from the HOA, it has been revealed that the proper procedure required obtaining a permit from the Florida State prior to seeking HOA approval.
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17 March 2024 | 7 replies
Hey Latonya, accepting out of state vouchers can increase your tenant pool and potentially increase your rental income, but it also introduces complexities like verifying voucher validity with distant agencies, dealing with unfamiliar local resources for the tenant and navigating potentially different eviction procedures in another state.
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17 March 2024 | 7 replies
Most of the cash out refinance lender require me to move the property from my LLC to my name for the refinance, is that a normal operating procedure or is it a taxation nightmare to move it back to the LLC after the Refi?
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17 March 2024 | 6 replies
The ones that are successful use these experiences to alter their process/procedures/systems to ensure they do not happen again.
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16 March 2024 | 4 replies
Has anyone had an experiences when a tenant damage the interior property and left, what would be the right procedure to take, or its not worth it to deal with attorney fees?
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20 March 2024 | 193 replies
Regardless, you need to implement insurance and proper management procedures, regardless of how many assets and equity you have.
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19 March 2024 | 46 replies
Regardless of the many systems and procedures we have in place at FlipSystem and MartelTurnkey, there is admittedly still inherent risk and unknowns to any type of real estate investing (at least the ones that have the potential to generate more than a couple % return a year like most of our successful students do).
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16 March 2024 | 36 replies
Plus for every 25 or 30 units you can hire an employee for the same cost as the property manager who will follow the policies and procedures that you trust because they made you successful.I'm a big believer in self managing.