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11 August 2024 | 6 replies
Be prepared to handle administrative tasks, build relationships with industry professionals, and bring a fresh perspective and strong work ethic.
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10 August 2024 | 7 replies
Of course, there are other investors that post they have their own setups to handle what you're asking for.Suggest you look into MNT services like Task Easy, Task Rabbit, Porch, etc.
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11 August 2024 | 12 replies
While it’s not a pleasant task, initiating the eviction process can often prompt the tenant to catch up on payments to avoid further action.
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10 August 2024 | 12 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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14 August 2024 | 134 replies
Quote from @Jay Hinrichs: @Henry Clark"If you were in a new construction syndication and got caught with a 300% increase in Lumber costs due to Trump applying Tariffs to Canada for anti dumping, and then Covid shut down both the logging and Lumber Mill industries in Canada I can understand getting nailed.
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20 August 2024 | 452 replies
When you have established the operation agreement of the LLC correctly, this will allow you to operate and be protected via the LLC while having access to great financing options.This should be a pretty easy task for an experienced attorney.
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8 August 2024 | 19 replies
You're in an anti-landlord city, one which provides tenants free resources to fight evictions.
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15 August 2024 | 86 replies
The properties are so expensive due to the land that if you need a mortgage you’re going to be cashflow negative, and the laws are so anti-landlord that I’m not sure it would be smart to buy here regardless.How are you going about finding your seller financed and subject too opportunities?
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9 August 2024 | 4 replies
I’m currently a sahm with 2 little ones so that means I have some free time during the day if anyone is looking for a real estate assistant or any real estate tasks to generate some income and so I can learn more I would definitely love to help.
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15 August 2024 | 57 replies
You are overestimating these numbers.Speculations as to why: tenants in these particular rentals may be tolerating a lower standard of maintenance than you think and thus everything wears longer than you think it will, I may have a different relationship with my maintenance people than you do (actually I don't let my management company do anything and I'm very involved in maintenance, I know how to do practically every necessary task, I manage people directly and sometimes I'll do a few things), there may be an error in your calculations such as you're assuming two units in a duplex don't share as much as they really do (they still share roofs, yards, and many other things), or something else entirely.Either way, your numbers are way too high and I will not be able to answer why in more detail or provide you with my exact numbers without spending a significant amount of time on this. 25% ain't too far off.