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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.
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16 December 2024 | 14 replies
So you’re saying you’d be collecting more rent (92% of $1,000/mo or $920 instead of $800, or $825, or $875.) if you were using a property manager?
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14 December 2024 | 2 replies
Luckily both sites collect the taxes for our place.Our little town did implement a 1% tax that I have to pay separately.
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16 December 2024 | 2 replies
I could always use help putting out and collecting our signage for the brokerage!
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18 December 2024 | 45 replies
How will you collect rent when the building's mechanicals are stolen again?
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30 December 2024 | 89 replies
They'll likely have follow up questions about who handles maintenance, larger SD, etc... so be prepared to quickly answer these.Value to mention:- Professionally cleaned property after each stay and exterior upkeep- Staged photos that you can share with the owner for marketing purposes- Capex coverage up to $XX,000 (might need to include in SD)- Extra $XXX per month (likely may need to pay a little extra in rent to make it worthwhile, otherwise they can collect the same amount as LTR)Also, google "Airbnb apartments" or check their website.
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17 December 2024 | 8 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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17 December 2024 | 36 replies
They have rules and best practices about how we put these deals together which has collectively saved us from much of the pain being experienced right now in the multifamily space.
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15 December 2024 | 25 replies
Plus, they handle online rent collection (a necessity if you don't have a property manager!)