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17 January 2025 | 3 replies
If your current deposit already equals one month's rent, you can't request additional funds.Keep the lines of communication open with your tenants, explain the process clearly, and you'll avoid any misunderstandings.Good luck!
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18 January 2025 | 8 replies
I avoid cash as it is a safety risk to have large amounts on hand.
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24 January 2025 | 7 replies
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
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26 January 2025 | 15 replies
Yes we avoid custom work to help keep cost down.
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16 January 2025 | 1 reply
Follow your state regulations on notices but do everything you can to avoid an eviction.
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21 January 2025 | 5 replies
This keeps them motivated.Clear Contracts: Make sure your contracts have deadlines and penalties for delays.Regular Check-Ins: Visit the site often to catch issues early and keep things on track.Scaling UpMultiple Contractors: Work with more than one contractor to avoid delays.
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24 January 2025 | 11 replies
Personal usage will negate the losses from the cost seg in the first year, so we suggest avoiding it.
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3 January 2025 | 3 replies
This can be costly for your property manager, and you may have to pay for their insurance policy, which can add unnecessary expenses to your budget.It strengthens your relationship with your property manager.Adding your property manager as an additional insured is a gesture of good faith that shows you are committed to protecting their interests.
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29 January 2025 | 22 replies
I would avoid that "guru" - a good property manager can make or break your investing career and I can definitely assure you that you're not finding a great PM using thumbtack!
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17 January 2025 | 19 replies
Same goes for many apartment buildings offering MoveIn Specials.So, if it's slow-time winter or a property won't rent for another reason, why waste time worrying about why it works or how to avoid it?