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23 June 2024 | 105 replies
As a perpetual student, I've read where optimizing one means giving up something in the other and I want to understand the interrelationship.
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18 June 2024 | 4 replies
So, I have no idea how much money I owe for 2023&2024, how much money is actually mine, how to take advantage of tax deductions/credits/RE professional Status/ renovation costs/perform a cost segregation, if I really need a wealth manager at this point and how to take out my retirement investment and move it to a mutual fund I run independently.My ultimate goal: create systems for my corps to run smoothly and optimize business-related expenses, keep my books up-to-date for both corps so I know my input/output, pay quarterly taxes throughout the year, give myself a modest monthly income and continue to preserve/build wealth and grow my RE PORTFOLIO!
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17 June 2024 | 16 replies
This why the lender told you to get a Capital One Secured card.For optimal scoring, you want to carry a balance on just credit card at 9% of the limit.
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18 June 2024 | 83 replies
The ONLY advantage us "meat sacks" have right now is form, we have more optimized form for function.
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16 June 2024 | 15 replies
If you're looking for STRs on the beach, you'll have difficulty finding something that cash flows unless you can get optimal occupancy.
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13 June 2024 | 25 replies
We have 4 townhouses east of 75 & Haskell (West of Ross), Built ~ 2007. Good condition, 100% occupied. Monthly rent in the ~$1.5/sqft range. I'm currently also the property manager. I'm a professional in another u...
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13 June 2024 | 5 replies
While you’re already using a variety of online platforms, make sure your ads are optimized for the right audience.
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13 June 2024 | 9 replies
They undergo regular training and stay updated with industry trends, laws, and best practices, ensuring high-quality service.Access to ResourcesNARPM provides its members with educational programs, legal updates, and networking opportunities, enabling property managers to handle any situation effectively and offer informed advice.Efficient Tenant ManagementNARPM property managers excel in tenant relations, from screening and lease agreements to conflict resolution and evictions, ensuring stable rental income and minimized vacancies.Legal ComplianceNARPM property managers are knowledgeable about landlord-tenant laws and regulations, ensuring compliance and protecting you from legal issues.Maintenance and RepairsNARPM managers have reliable contractor relationships, ensuring timely and cost-effective maintenance and repairs, along with regular property inspections.Time and Stress ManagementBy hiring a NARPM member, you delegate daily management tasks to a professional, saving time and reducing stress.Financial ManagementNARPM property managers handle rent collection, accounting, and financial reporting, providing detailed and accurate financial statements for informed decision-making.Marketing and Leasing ExpertiseNARPM managers use proven marketing techniques and platforms to attract and retain tenants, ensuring quick rentals at optimal rates.ConclusionChoosing a property manager is crucial for any landlord.
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13 June 2024 | 31 replies
It was easy to set it up, but I am very concerned about their Price Optimizer...It tells me the average market base price is $214/night, but it provides an "Automatic base price" (an algorithmic tool based on local market demand) of $3160/night and no one from customer service can tell me why there is such a discrepancy.
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12 June 2024 | 4 replies
Rates and terms are better especially if you have less than optimal credit..