Samuel Kim
Real estate professional status 750 hours doable?
31 January 2025 | 27 replies
Yeah the plan is for her to do everything for the rentals, collecting rent, posting houeses for rent in Zillow, evicting tenants, tenant application, etc but I don't know if these would be enough for her to have spent 750 hours a year...
Jonathan Weinberger
I bought 1.5M worth of property in Detroit... Here are the numbers.
3 February 2025 | 56 replies
Good luck Total Rents Collected: $23,025/mo Debt Service: $12,358/mo (sad for me. 8% interest rates lol) Property Management 10%: $2,303/moReserves (Vacancy 5%, Maintenance 10%): $3,454/moPhantom Cash Flow: $8,365/moTrue Cash Flow: $4,911/mo (Money I can legit burn) bob as you probably know I owned a few hundred of these types of homes from DetroitCleveland to Jackson ms Birmingham balt city etc etc.
James R.
I really dislike Airbnb. Anyone else?
26 January 2025 | 21 replies
The host can exert too much time to collect or they can choose to not collect and pay the expense.
Sofiya Cherni
Montgomery County, MD non-refundable pet fee change start date
28 January 2025 | 11 replies
Quote from @D'Ann Melnick: Saw this was an old question, but it came up in search - this is all part of the rent stabilization laws passed in 2024 - https://www.montgomerycountymd.gov/DHCA/Resources/Files/tena...The pet deposit cannot exceed $300 and the total amount of security deposits collected cannot exceed two month's rent.
Clare Pitcher
2025 PM Trends
1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
Bob Judge
Connecting with Canadian Investors Buying Properties in USA
4 February 2025 | 6 replies
Sit back and collect checks *(or no checks).
Harsaha Lenka
Need help double checking a deal
31 January 2025 | 6 replies
@Harsaha LenkaI looked at the OM and it’s missing vacancy and collection loss and repairs and maintenance.
Steve Tokita
Out of State owner seeks your advice on showing property and rental apps
31 January 2025 | 2 replies
Finally, I used the Thumbtack app, and I made more progress in six days than I did in the past 75 days on painting, flooring, lighting install, HVAC repairs.I currently use apartments.com for my automatic rent collection, so that system is helpful.
Grant Shipman
Syndicators & Capital Raisers: Avoid SEC Trouble!!
1 February 2025 | 4 replies
“…states still have authority to require notice filings and collect state fees.”This means you need to check with each state where your investors reside to ensure compliance.Final Warning: Don’t Cut Corners – Follow the Law!
Grant Shipman
Letting Go for Your Bottom Line: A Lesson for Real Estate Investors
4 February 2025 | 0 replies
The most successful investors systemize and delegate.How to Let Go (Without Losing Control)🔹 Automate – Use rent collection software, project management tools, and automated messaging for tenants.🔹 Delegate – If you’re spending hours on tasks that someone else can do for $20 an hour, it’s time to outsource.