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19 February 2025 | 57 replies
-I'm fairly careful with communication , but again, I know doing business online is way riskier, but I want to ask: Typically, I would trust someone who seems very in-depth, informative (gives statistics and numbers), and basically would give me thorough steps (including worst-case scenarios and what would best fit my situation)^^would people who have experience say that even with the above, some agents/lenders/PMs would still be sort of out to get your money and do a lousy job?
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15 January 2025 | 8 replies
Make sure the previous property management company did their job and communicated a change in management prior to you taking over--along with your contact information.If they have no done this, they should so the tenant doesn't feel like a scam may be going on.Just make sure they're away of where rent payments need to go and who they can contact in the future.
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20 January 2025 | 62 replies
There was no communication that was truthful.
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11 January 2025 | 14 replies
However, if you clearly communicated a $15K budget, I’d stick to that and ask them to discuss the overages with the contractor to find a resolution.As a side note, always try to maintain reserves for your properties.
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25 January 2025 | 14 replies
But it might be a good idea to raise rates each year or so by $50 to $100 because it can communicate that you aren't completely checked out, and you value your property, your time, your investment.
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17 January 2025 | 3 replies
Specifically, I’d appreciate:•Wholesale contracts: Recommendations for templates or tips on using contracts effectively with sellers and buyers.
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14 January 2025 | 4 replies
It’s a smart move, especially since it ties in with your goal of saving for your first investment.For skills, you probably already have a good foundation with your sales experience—things like communication, organization, and dealing with clients are all super valuable.
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11 January 2025 | 12 replies
Be direct, have clear communication, and show you're serious about being a good landlord.3.
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14 January 2025 | 1 reply
Does anyone have a recommendation of a national collection agency that is effective?
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21 January 2025 | 27 replies
As you are finding out, it is so local that the next door building effects your investment.