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4 February 2025 | 17 replies
For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.
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7 February 2025 | 7 replies
You looking for an attorney to sue yourself ( suing the hoa is suing yourself since you are a member of the community) may not be worth your time and you may be responsible if mold does grow while you have a tenant and then they complain of health issues since you have not addressed the problem.
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7 February 2025 | 6 replies
@Ryan Duphorn a 5 /2 and 1920 square feet IMHO isn't a good health care traveler accommodation unless you are in a area with a shortage of housing.
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24 January 2025 | 3 replies
Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.
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12 February 2025 | 27 replies
One thing I will say there is a shortage of is properties that accept a pet (single pet, ie 1 dog)You will see a lot of manufactured housing on this corridor, but there are some older homes needing updates since the parent or grandparent had just passed (just toured a great one that sold for $219k in a week (cash) that was massive but my buyer was afraid of the work & it was easy fix and flip)As I mentioned below, I'm very curious to your style-what makes the right deal for you?
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10 February 2025 | 10 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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14 February 2025 | 43 replies
But it seemed to also be life coach ,, health and fitness , personal relationships etc etc.
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10 February 2025 | 24 replies
Quote from @Frank Ritzert: Ron LeGrand recently spoke at a Jacksonville REIA meeting in January 2025 after Cameron Gaskill backed out last minute due to health issues.
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9 February 2025 | 32 replies
Ok, not completely closed; they allow you to push data in, but then your stuck to see and manipulate in a very limited way.For me this is a deal breaker because if you can't quickly and easily check on the health of your business, you are wasting time and stifling your growth.
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19 January 2025 | 18 replies
You can't charge extra pet rent or even a pet deposit because it's legally not considered a pet.