It also sets their expectation so they can anticipate the change in their budget. 4.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I’m just taking it one step at a time, learning as I go, and trying to set things up the right way from the start.

I would like to do some research on other rental properties before I set my priceComputer algorithms are good for studying a general market, maybe even a neighborhood, but they are terrible for evaluating a specific rental.

Appeal Property Tax AssessmentsProperty taxes are a significant expense for real estate investors, but they aren’t set in stone.

The cash on cash number is what I liked about it and I think the Capex will not be a big factor because of the Tenants already are there and have been there and want to stay for long term so vacancy was set lower.

These days, most lenders and title companies are set up for remote closings using a mobile notary.

We are set to head back to Kyoto in a few months to start prepping the property ready for guests.

In terms of performance, I will be honest with you: it all comes down to your source of lists, the way you set up your campaigns, and last but not least, your templates.

I “luckily” caught the wave of property appreciation between 2020-2022 which set the foundation of my investment journey.- I was scared to drop out of law school In 2021 and go all in on REI, I’m super happy with my decision.Now, whenever I’m scared/nervous, I take that as a sign that I should probably do it, and that it’s room for growth.Yes, sometimes it will be a mistake, but that’s how you learn.4) Value Relationships over everythingGood relationships will bring you more joy and take you farther than being selfish and/or greedy.What principles do you live by?