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22 November 2024 | 9 replies
I ended the offer to rent to the tenant on December 1st and didn't receive any communication from LMHA until December 15th when they tried to schedule the inspection...that's 45 days to process a voucher.We had another home pass inspection on November 5th and we hadn't "stopped and waited" for LMHA because it had never been a major issue before so we let the tenant move in...LMHA announced on November 15th that the tenant voucher needed to be re-evaluated by LMHA and that the rent rate needed to be adjusted (The story was the "Administrator A" reviewed and approved it but since they had resigned, now we had to wait for "Administrator B" to do it.
19 November 2024 | 15 replies
Majority of mold complaints are tenants panicking and/or trying to get free rent out of their landlord.If they do get an attorney involved, their attorney will send you a written notice, which will lay out the issues and often tell you to give the letter to your insurance company.Don't bother with this, but you can discuss with your agent.When you or your PMC (or both) receive a legal notice of a case started, that's when you want to get your insurance company involved.Recommend you keep a record of all your communications with your PMC about this issue.
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16 November 2024 | 3 replies
I appreciate your thoughtsSorry for another question, I still beginning my searches about this subject, in this case do you have a LLC holding managing all other companies or all of your companies are totally independent?
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19 November 2024 | 5 replies
A channel manager like Hospitable syncs bookings across all platforms, avoiding embarrassing overlaps and keeping all communications centralized.Automated Cleaning Schedules: After each guest checks out, cleaning schedules can be synced automatically with the cleaning crew—eliminating missed cleanings or the need for last-minute arrangements.Automating these aspects of STR management isn’t just about making life easier—it’s about maximizing profits, improving guest satisfaction, and bringing back valuable personal time.Have you tried automating your STR?
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19 November 2024 | 2 replies
Assets identified in this study include:Appliances: Dishwashers, refrigerators, and ice machinesInterior Finishes: ceiling fans, flooring and decorative wall treatmentsFurniture and Fixtures: shelving, counters, mirrors and cabinetsSpecialized Equipment: diagnostic machines and hydraulic liftsSecurity and Communication Systems: key card readers, telephone connections and security cameras30% of the total depreciable basis was classified as 15-year class life.
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19 November 2024 | 8 replies
Communication What’s your process for keeping out-of-state clients informed?
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17 November 2024 | 18 replies
And you can't be of service if you don't communicate well, so one will communicate well.
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12 November 2024 | 2 replies
If you did not and it’s unsecured debt you could be out of luck on some or all of the money as depending on his situation unsecured creditors in a bk may receive pennies on the dollar depending on what he can afford and if converted to a ch 7 you would get wiped out.Even in 2nd position he could argue the property is underwater and wipe out your lien.
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18 November 2024 | 1 reply
Real Estate CRM software stores organized data about leads and customers, such as personal information, communication, and purchase history.
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20 November 2024 | 23 replies
Some landlords have requested cameras (they being responsible for setting those up if they want them) or already have cameras installed, but you want to make sure any prospective tenant is fully aware cameras are actively recording and it's clearly communicated to them.