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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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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 | 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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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.
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17 December 2024 | 11 replies
I need a central collection for all my "to-do's", a tracker for progress on projects (from rehabs to acquisitions to honey-do projects).
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19 December 2024 | 13 replies
Bird in hand is better than 2 in the bush, especially when the two in the bush do not have the money.we are seeing a lot of companies now try and get seller financing and then arbitrage it to renters - similar to STR arbitrage but just arbitrage it with a loan and collect the rent and if the tenant stops paying they walk away and you are stuck with the home, the foreclosure and the subsequent eviction.
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17 December 2024 | 86 replies
Instead of paying cash use that money and spread them over multiple dscr loan so I can own more doors and just collect the cash flow after expenses.
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24 December 2024 | 23 replies
Also, in general, I wouldn't solely rely on a single source, rather: 1) collect feedback from various sources, 2) decide which components are the most critical for you personally, 3) weigh in on the pros and cons, 4) speak with all of the operators to add to the list of pros and cons, 5) and only then make an informed decision.
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24 December 2024 | 44 replies
The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.
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16 December 2024 | 9 replies
Find a renter, qualify them, move them in, collect rent, oversee repairs, re-sign leases, move them out, turn the unit, rinse and repeat.