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25 December 2024 | 3 replies
Quote from @Andres Lasaga: I am in the process of selling a property to the tenant I have been renting the house for 4 years.I want to outsource the promissory note collections and reportsIt would be only ONE property, for now, any recommendation of a company that can manage the collections and reporting?
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29 December 2024 | 24 replies
If I scale to a point where I no longer have time and have to outsource, that line item is already accounted for and the property will still be profitable.
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31 December 2024 | 8 replies
Understand that they are doing this to make a profit, so it will be more expensive than coordinating maintenance yourself.It may be a decent program for a DIY owner that wants to just outsource maintenance, but you will have the same maintenance issues with this company that you would with a PMC:1) Higher costs2) Admins answering the phones & assigning work, that just know the basics about maintenance.
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26 December 2024 | 10 replies
So you might be living in the US or in Europe, investment properties are bought to outsource and earn from the cashflow.
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22 December 2024 | 5 replies
Are you intentionally looking to outsource the management and day to day operations to a management company versus self-managing?
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9 January 2025 | 20 replies
It's fashionable - and tempting - to outsource tax research to AI.
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31 January 2025 | 170 replies
I also know he doesn't do his own underwriting and outsources it, which is very risky, and obvious when you look at them try to explain the underwriting during presentations.
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8 January 2025 | 33 replies
I’d prefer less outsourcing on behalf of the banks and fewer web portals/ apps/ servicing companies because in my experience the more entities involved the more glitches, so adding a VA and another layer of software to the mix doesn’t sound inviting.
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9 January 2025 | 116 replies
I am planning to self manage as well and since there aren't many managers in my area I will likely employ a similar strategy once I decide to outsource the management.
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21 December 2024 | 10 replies
Some lenders handle draws in-house, some outsource and depending on who they outsource to, this can become a real crunch.