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5 February 2025 | 6 replies
one of my clients that has a pretty big PM company.. had a unique way of doing this.He offered 50% of the first months rent or 500.00 minimum.. he would have 4 or 5 agents at the weekly meeting handout the list of vacants .. each of them would go place a sign in the yard and first come first served.. he found that potential tenants would call the first sign if no answer they called the next one until finally someone answered.. it worked pretty awesome for him.
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16 February 2025 | 26 replies
A lot of clients I work with in NY invest here because it's one of the hottest real estate markets in the US and has some of the best macroeconomics - population growth, job growth, and companies moving and developing here.
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20 February 2025 | 7 replies
It's one of the hottest markets in the US right now with so much population growth, job growth, and companies moving/developing here (26B Intel headquarters being built here, 68K+ enrollment in Ohio State University, Amazon, FB, Google, Honda, Nationwide, Anduril, etc.).
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20 February 2025 | 6 replies
@Kiryl Ulanovich,You're on the right track:Get Pre-Approval from Hard Money Lender – Know your terms and limits upfront.Find a Deal Through a Wholesaler – Verify numbers and ensure it meets your criteria.Review the Assignment of Contract – Confirm terms, earnest money, and contingencies.Conduct Due Diligence – This includes an inspection (if allowed), verifying ARV, and rehab estimates.Submit to Hard Money Lender for Final Approval – Lender will review title, contract, and property condition.Title Search & Clear Any Issues – Ensure a clean title before closing.Close Through Title Company – Finalize funding and take ownership.Consider also lining up contractors early for a smooth transition into renovations.
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13 January 2025 | 10 replies
I have totally given up on Quickbooks though it remains the best accounting software for the non CPA type
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6 February 2025 | 12 replies
However, the average lifespan of companies is 10 to 18 years, so every private-sector job your tenants have will eventually disappear.
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14 January 2025 | 19 replies
Quote from @Tod DuBois: Looks like everyone is using some software tools for various tasks, I'd not heard of most of them.
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20 January 2025 | 9 replies
There is so much free content out there that can teach you about guest services, software, vendor management, and so on.
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6 February 2025 | 2 replies
Cash flow is definitely the biggest challenge; both in terms of finding properties to buy that cash flow with a loan on them and just company wide given interest rates and labor/material is up and, at least where I'm at in Jackson County, MO, taxes are way up too.
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11 February 2025 | 1681 replies
I don't even need a management company.