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21 January 2025 | 10 replies
@Robert Spiegel Great question, and it’s always a balancing act when dealing with long-term tenants who’ve been fantastic overall.Based on my experience managing over 1,200 rental homes in North Texas, including areas like Dallas, Fort Worth, Plano, and Frisco, here’s how I would approach this:Cleaning Charge: While $540 may feel steep, it can vary depending on the size of the property and local market rates.
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15 February 2025 | 14 replies
Interest rates and cap rates change, competition changes, your PM ends up being horrible, lots of variables.Just to throw you a monkey wrench, in your killer spreadsheet does it include the credit score, income, and employer of every resident?
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30 January 2025 | 6 replies
In Philadelphia area there are several REIAs including Diversified Investors Group (DIG), Delco Property Investors (DPI), and South Jersey REIA (SJREIAA) just to name a few.
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23 January 2025 | 4 replies
If we include investments in mortgage loans (trust deeds), real estate partnerships, REITs as well as direct property ownership, I’m at about 80%.
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9 February 2025 | 15 replies
So far, my normal guy has quoted me $15,000 for labor, trash and debris removal and equipment rental (no materials included).
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28 January 2025 | 0 replies
A diversified portfolio can include both!
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6 January 2025 | 5 replies
Their income is only 3X rent, they lack credit history, and the household is much larger, which could result in more wear and tear.
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27 January 2025 | 1 reply
If I represent buyers, I like to include my name and contact information along with a sentence that if anything changes after the signing but before the sale, the tenant is obligated to notify me in writing or it waives any of those changes.Buyers might have other tenant concerns that are specific to a property.
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14 February 2025 | 15 replies
Key areas with strong rental demand include Central Phoenix, Mesa, Tempe, Chandler, and the West Valley.
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20 January 2025 | 31 replies
I'm looking to get their "package" which includes a Holding company, LLC Subsidiary, Corporate Financial Program and an Estate Plan.