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25 January 2025 | 13 replies
I see two separate issues.1.
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5 February 2025 | 29 replies
Of course it this becomes an issue for the property management company, they may chose to stop managing the property.- The owners don't share any of the equity growth with the management company.Drawbacks of Turnkey properties- They are usually purchased at market value (or sometimes just a little bit above) so that after paying closing costs the investor who purchased the turnkey investment has a lower net worth than before the purchase.- There is no discount or created equity over and above the amount that is used as the down payment for the home.- The management company charges a management fee of 10% - 15% which can be a little higher than average property management companies, but that cost may be offset by higher quality of services.- The management company also charges for other services such as fee for coordinating maintenance and repairs, and turnover and releasing.
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17 January 2025 | 6 replies
@Tiffani HollisFor a long-term rental, I’d avoid used dishwashers entirely—repair costs and reliability issues often outweigh the savings.
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21 January 2025 | 10 replies
The handyman would reach out to the tenant to coordinate availability, then coordinate with you on the issue and fixes needed.The Smart locks are a game changer.
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24 January 2025 | 0 replies
The issue I have is that I am struggling to find serious partners to work with.
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28 January 2025 | 6 replies
https://www.biggerpockets.com/forums/51-tax-legal-issues-con...
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29 January 2025 | 4 replies
If central then if it goes out or has issues, you have 20 people calling and mad....and you're the GUY.
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29 January 2025 | 10 replies
My neighbor has listed his but also has had occupancy issues as an STR and said that most people looking for either rooms or cheap stays but I can't comment on that as I have no experience listing as an MTR.
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16 January 2025 | 4 replies
We value the opportunity to work with clients and partners in the real estate community.To address @David Ramirez' suggestion, if any title issues are found, the earnest money is fully refundable.
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21 January 2025 | 11 replies
Let your criteria do the filtering for you.Regarding retention and renewals, the only time I have asked people to leave is when they have had rent payment issues and/or damaged the property.