David Cheng
What do you qualify as a proof of funds?
4 November 2024 | 34 replies
This is exactly the sort of thing they would handle for you seamlessly.
Tanya Maslach
Prop Mgmt for room to room?
3 November 2024 | 4 replies
They'll be all sorts of SIGNIFICANTLY EXTRA tenant complaints!
Brandon Weis
PM Companies Expanding Out of Immediate Market
3 November 2024 | 3 replies
We obviously handle the ones near us in-house, but hiring someone in another market to work one day a month is a bit of an odd task.My guess is that remote property management companies need to have a sort of Swiss-army-knife person in the area that can do many variable tasks for them and works on an hourly basis as there may not always be things to do, but I don't know that for a fact.How do remote/long-distance property management companies overcome the challenges of not being in the area?
George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
Let's say someone was bungee jumping off a balcony railing and the railing broke and they fell, injuring themselves.They could sue the property (ownership LLC) because the railing was "not secure".They could sue the manager (management LLC) for not ensuring the railing was secure.They probably will sue both and let the court sort it out.I don't see how 1% ownership of one LLC to another prevents any of the above from happening.
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
12 November 2024 | 171 replies
I started this thread a few years ago, when I first heard about this sort of 1031 investment.I eventually decided to pull equity out of the asset that I was contemplating doing the 1031 with.
Dave Vona
Is SFR investing worth the return? An IRR analysis
8 November 2024 | 22 replies
And that is true, but that is also sort of like saying "to mitigate the risk of investing in Apple, and relying on their decisions, I will start my own tech company" (okay, that is a bit extreme, but you get the idea).
Jerryll Noorden
All, if you are struggling generating motivated seller leads, it is because of this..
4 November 2024 | 17 replies
That is a 99.97% FAILURE rate.Yet you happily listen to those who tell you to do MORE of a strategy with a 0.03% success rate.Come on man.My mission here is to stop all these scamming gurus fill this industry with all sorts of crap to justify you spending thousands on lists, mailers, SMS.
Errol Graham
Accounting and Management tools for Landlords
3 November 2024 | 15 replies
Plus, after adding my wife to the account, QBO blocked me, and it took two months to sort out!
Melissa Allen
Is RankBreeze worth it?
4 November 2024 | 12 replies
I suppose they provide some examples too of a well-optimized listing title and description, but as it also states, you can likely look at the listings that already rank well and sort of emulate or steal from those.Don't know if any of my presumptions are correct or not but just felt this might provide some insight based on my adjacent expertise.
Christian Gibbs
Can’t find renters for our 3 bedroom in a rural community: Should I put it on airbnb?
7 November 2024 | 30 replies
However , she has been fair in agreeing to waive any fee of any sort right now while it empty.What is the incentive for property managers to get a tenant placed?