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22 January 2025 | 4 replies
These were people who seemed more interested in adding an investment to their portfolio than really operating a business.
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19 January 2025 | 42 replies
It is more complex and has added requirements such as a formal set of books just like a corporation.
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12 January 2025 | 3 replies
McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.
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30 December 2024 | 13 replies
The property I am submitting on this week has a hot tub, sauna, and beautiful view.I will be adding ac, EV charger, foosball table, table tennis, billiards.
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7 January 2025 | 22 replies
You said, "I'll have to put in extra of my own money for reserves..."
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14 January 2025 | 8 replies
From a scaling standpoint, for at least whoever is doing the books, Buildium is far behind in this and is adding time and/or cost for these added tasks that need to be done.
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5 February 2025 | 69 replies
Delta has not charged me extra for the new block.
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25 January 2025 | 7 replies
You're adding days to your rehab because your contractors are waiting on materials.So, how do you fix this?
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25 January 2025 | 12 replies
Self-managing from out of state has been doable, but the challenges have added up, and I’ve realized I’ve missed things that could have been avoided with closer oversight.If you’re just starting and don’t already have a strong local network, I’d advise against self-management from out of state.
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13 January 2025 | 5 replies
I’d plan for extra amenities like special decor or concierge services.