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23 December 2024 | 13 replies
My property manager I don't think has a chance to relax, but she does have systems built around her to free up the time when it comes to regular maintenance and rent collection.
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17 December 2024 | 1 reply
I asked for proof (receipts, itemized costs, etc.), but he hasn’t provided any satisfactory documentation. 2.
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8 January 2025 | 38 replies
Ultimately the tenant will be charged for it through collections or a judgement.
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19 December 2024 | 8 replies
Hey @Brad Pierce I use Rent Redi for managing tenants, collecting rent, sending reminders, scheduling work orders with contractors, etc.
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18 December 2024 | 9 replies
You must use a PMS and for the software to work you'll need to own the listings, which means you'll need to also collect all the funds, so owners' rents don't get deposited in the wrong account (Yes, Airbnb makes that mistake all the time!!).
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13 December 2024 | 4 replies
A loan commitment letter carries more weight as it confirms lender approval, signaling a stronger ability to close.Addressing Closing Concerns: A commitment letter meaningfully reduces concerns, especially when paired with proof of equity and a track record of performance, even if on smaller deals.What Brokers Look For: Key factors are a reputable lender, clear terms in the commitment, and evidence of funds for equity and reserves.
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16 January 2025 | 78 replies
You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.
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19 December 2024 | 9 replies
There's some connection you have to this person with money who is looking to invest it short term and collect an x% return.
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18 December 2024 | 3 replies
You could also ask for early occupancy so you can begin to collect rent and take all the holding expenses off their plate.