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27 November 2024 | 10 replies
Quote from @Michael Baum: Hey @Marc Shin, short answer, yes.A couple will want to wash some clothes if there are there more than a couple of days.
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15 December 2024 | 25 replies
Plus, they handle online rent collection (a necessity if you don't have a property manager!)
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3 December 2024 | 26 replies
I should note that that I was using Baselane's banking service to collect deposit and rent, and had moved the funds immediately to my private bank after I collected (thank god!).
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17 December 2024 | 8 replies
The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.
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17 December 2024 | 36 replies
They have rules and best practices about how we put these deals together which has collectively saved us from much of the pain being experienced right now in the multifamily space.
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16 December 2024 | 7 replies
We have a judgement but since they closed their offices LLC that entered into the contract we have no way to collect.
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16 December 2024 | 23 replies
And typically long term rentals don't make it easy to include property management fees into the numbers and have them still work well.I would consider looking into STR type areas where you can avoid the risk of property damages (str and pm insurance covers almost everything that they might damage) and evictions/collections.
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9 January 2025 | 116 replies
In the future I will likely use a combination of a leasing agent for doing showings and a virtual assistant for handling leases, marketing, recording rents and calling for collections.
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28 December 2024 | 8 replies
If you're going to work with contractors, collect rent from tenants, or try to bed the hot chick at the bar, you better learn to recognize warning signs and get out early.
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24 December 2024 | 23 replies
Also, in general, I wouldn't solely rely on a single source, rather: 1) collect feedback from various sources, 2) decide which components are the most critical for you personally, 3) weigh in on the pros and cons, 4) speak with all of the operators to add to the list of pros and cons, 5) and only then make an informed decision.