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25 October 2024 | 9 replies
If you want more control, you can set up your own systems for rent and communication, but a good property manager for out of state investing is the way to go.
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25 October 2024 | 11 replies
These are long term, illiquid investments that are completely out of your control.
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25 October 2024 | 10 replies
There is no way that resident can afford a 500 jump, and I ended up losing thousands of dollars.Real estate is a business, collecting a future stream of revenue, and you need to be in control of the revenue and expensesGino
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22 October 2024 | 2 replies
4) How to control maintenance costs.
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17 October 2024 | 47 replies
I'm debating Launch Control or staying with SC.
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23 October 2024 | 2 replies
It’s also a great way to leverage your investment for future projects.If you’re planning to continue with more BRRR projects, consider refining your vendor selection process to increase efficiency and cost control, and ensure your financing is set up to maximize your next deals.If you need any advice on financing strategies for future deals or optimizing STR income, I’d be happy to help!
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28 October 2024 | 7 replies
The agreements I've seen basically say you are guaranteed nothing, you could lose all your money, you might not be paid on time or ever, you can't rely on any representation made by the GP, you have no control over the operation and other terms and disclaimers to that effect.
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24 October 2024 | 139 replies
This allows me to control the end result, while keeping the project moving.
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25 October 2024 | 14 replies
Perhaps hire the PM as a second set of eyes for quality control but that should be in addition to the GC you should hire from day one.
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23 October 2024 | 10 replies
You may lose access to the bookings they have managed, as those reservations are often under Evolve’s control, and they may manage the communication, payments, and cancellations for those guests.Transferring Bookings: Some companies might allow you to transfer the bookings if you switch to managing the property independently or through another service.