13 January 2025 | 41 replies
Another thing is the insurance is sent to the bank from your insurance provider and the seller should never be needed as long as the documentation has been completed correctly.This is why you must vet the law and title office you are closing with to make sure they know how to handle these transactions.
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9 January 2025 | 35 replies
We upsell 3-to 4 simple packages that guests love; I have trained my cleaners to handle them (they make extra money), my VAs help schedule it with cleaners, and we still make a 50% profit margin on everything.
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15 January 2025 | 15 replies
Then just handle it yourself with some basic software(Stessa, e.g).
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16 January 2025 | 23 replies
By the time I got to the closing table, instead of me bringing a check, they gave me a check.Fast forward to today, it has more than doubled from appreciation and cash flows a ton, and I was able to get a great property manager in there to handle EVERYTHING.
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11 January 2025 | 7 replies
A good manager will handle tenant communication, security deposit transfers, and ensure a smooth transition for you.Changing managers doesn’t have to be difficult—following the agreement and partnering with a competent new PM will help you get things back on track.
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14 January 2025 | 9 replies
We appreciate your support and understanding during this challenging time.A medical note attached simply says "1 year leave from school for medical reasons"Please advise on what is the best recourse in handling a situation like this?
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5 February 2025 | 29 replies
The investor buys it—either with a loan or cash—and the turnkey company usually continues managing the property, handling rent collection, maintenance, and turnovers.Where Does the Investor Profit?
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19 January 2025 | 47 replies
Here is an example: We run a fund that has a transfer agent that handles the cap table.
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7 January 2025 | 9 replies
@Kris Lou Be careful with agents as 95%+ of them really only know how to handle owner-occupied transactions.We don't do biz in Indianapolis, so this is unbiased info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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7 January 2025 | 8 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?