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7 January 2025 | 2 replies
My suggestion would be to select someone with the most forum posts or most reviews.
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20 January 2025 | 37 replies
Quote from @Jed Butikofer: Quote from @Jonathan Greene:If you aren't house hacking, multifamily deals should be profitable (maybe not in CA).When I review markets I have lived in, I see 2 bed duplexes for $500k-$700k while only generating $1,400 each in monthly rent.
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9 January 2025 | 17 replies
I constantly get great reviews often comments of how clean the cabin is.
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22 January 2025 | 31 replies
Will they "check themselves" from bad behavior when they see a professional company with professional services, legally reviewed lease, etc. managing their day-to-day?
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9 January 2025 | 12 replies
This includes contacting the applicant’s employer and speaking with their supervisor to confirm job stability, income, and reliability. if the person has not been employed at their place of employment they would require a guarantorCredit Score and Debts: Applicants need a minimum credit score of 620, and while we review debts, medical debts are generally not disqualifying unless they impact overall financial health.Criminal History: We do review criminal history to ensure safety and security for our tenants, while remaining mindful of state and federal guidelines.Rental History: Positive references from past landlords, with no evictions or significant lease violations in the past five years, are essential. and we can see into the court system if they have an eviction judgement.Release of Information: We include a release form allowing us to verify employment and rental history directly, which helps us get a clearer picture of an applicant’s background.This process has worked well so far, but I’m always open to improving.
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17 January 2025 | 23 replies
As others have stated, you'll always encounter issues, problems, and complaints (negative reviews) from all sides tenants, landlords, and vendors.The bottom line?
4 January 2025 | 5 replies
You can also search Google and read reviews.
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12 January 2025 | 23 replies
Interview a few PMs, ensure they align with your goals, and stay involved by reviewing monthly reports.
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11 January 2025 | 7 replies
What I think you'll need to find out from lenders/banks/credit unions is how much historical timeline they'll need to review to support the valuation/income.
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6 January 2025 | 2 replies
I would review your process with how these investments are going so far and figure out what's working and what's not.