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17 December 2024 | 12 replies
Flying in monthly helps, but having a local contact (realtor, manager, or trusted partner) is key for regular updates.Use tools like progress photos, video calls, or project management apps to stay connected, and schedule visits at critical stages of the project.
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15 December 2024 | 4 replies
During the renovation phase, adhere strictly to the scope of work and budget, conducting regular walkthroughs to monitor progress and ensure quality.As the project nears completion, prepare for sale by staging the property to highlight its best features and create buyer appeal.
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27 December 2024 | 66 replies
The deals there I have seen maybe net 2% terrible Miami's volatility will be high, just cause that's the nature of some markets.
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30 December 2024 | 24 replies
In addition to their standard updates, I appreciate the regular calls with a supervisor to address any issues with our rep and make sure everything is on track.They've managed several of my properties, and while there were occasional maintenance costs, I felt they were reasonable and necessary to keep the properties in good shape and avoid bigger issues down the line.
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13 December 2024 | 7 replies
This is a good thing if you want to do some rehab, but again, you must be very strategic about how much money you put into a place, knowing it won't naturally appreciate beyond what you create in improvements.4) We're having a bit of a zoning crisis.
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11 December 2024 | 3 replies
Really depends on what you're looking for, the nature of the project and again, location.
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16 December 2024 | 15 replies
It’s a good gesture assuming it is part of what gets regularly checked and restocked if needed.
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23 December 2024 | 34 replies
However, that is the nature of rules of thumb.
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14 December 2024 | 6 replies
I'm in a small town with nobody to really network with on a regular basis.
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17 December 2024 | 14 replies
Regularly communicate with them to stay updated on progress and address any issues promptly.