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20 January 2025 | 5 replies
I was cold contacted on LinkedIn recently to discuss syndications with DealEstate.AI.
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26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.
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24 January 2025 | 16 replies
As explained above, income from the financed portion of the property in an IRA would be taxed as well, but you can deduct related expenses, including depreciation, to minimize this tax liability; that is why I recommend a discussion with a tax expert to understand what your numbers would look like.Hope this helps!
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19 January 2025 | 4 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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26 January 2025 | 2 replies
Unfortunately, most PMC contracts are pretty vague making it a challenge to get useful information.3) A mix of the two aboveSome PMCs have internal handyman type ServiceTechs for small jobs that they bill hourly for, but get bids for any job requiring a licensed contractor.An owner should understand what type(s) of the above that their PMC uses and discuss as necessary to better understand.THE CHALLENGES OF GETTING 3 BIDSWe wanted to touch on this topic because it seems to be a pain point between PMCs and owners.In theory, it's easy to get multiple bids - you just search online for companies and contact them to get a bid.
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22 January 2025 | 16 replies
I'd be happy to discuss this or any other topics regarding property management at length via message if you'd like.
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28 January 2025 | 19 replies
It should be relatively straightforward to begin discussing the goal-setting and planning process necessary to begin transitioning from current state to future state.
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17 January 2025 | 40 replies
Happy to discuss more if you want to call me.
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21 January 2025 | 2 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
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21 January 2025 | 10 replies
I also am planning to meet with my PM on Monday to discuss pain points and better expectations, I would love to hear what sort of expectations you set with property managers?