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24 January 2025 | 5 replies
While I have managers handling the daily operations, I still oversee everything remotely.
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21 January 2025 | 59 replies
With running this "business" there will be operational input costs.
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21 January 2025 | 4 replies
These documents include your operating agreement/ corporate bylaws, articles of organization, certificate of standing, and the EIN letter.
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24 February 2025 | 21 replies
The more visible you are, the more likely someone will bring you a deal.At the end of the day, the right real estate team can be the perfect catalyst for your operation.
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21 January 2025 | 6 replies
Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.
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21 January 2025 | 14 replies
I would also urge you to make sure you fully understand how they operate , A-Z (from how they make their profit to how many doors they are managing).
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24 January 2025 | 10 replies
Most people don't know how to use a wood burning fireplace correctly - operating the damper, not closing the damper until the fire is completely out, going to sleep with the fire or coals still burning.
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20 January 2025 | 11 replies
You could create an operating agreement granting one of you the powers - but it is a fair amount of energy/time/activity for someone to manage and find deals.
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16 January 2025 | 11 replies
If you are a STR operator how do you deal with remitting and paying tax?
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17 January 2025 | 5 replies
If you can come in and operate effectively I think you'll find success rather quickly due to that.BTW - for a property management platform I would highly recommend Buildium.