Nadir M.
Which PM software is most recommended?
23 November 2024 | 9 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Brian Felczak
Real Estate Advise and Education
19 November 2024 | 2 replies
Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.
Kathy Diamond
Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
While you shouldn’t categorize all tenants and it’s the landlords responsibility to properly screen, the tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property which combined will result in less time allocated towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).
Devin James
Don't hesitate to reach out to those you want to speak to
22 November 2024 | 1 reply
I even tell them to reach out to me if they have questions, knowing only a few will actually follow through.And that’s what sets high performers apart from the rest: taking action when most people hold back.If you’re just starting out, remember, one conversation could change everything.
Steve K.
Property Management recommendations for Palm Coast, FL
22 November 2024 | 5 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
Kyle Jacques
Switching from Evolve to Hospitable Issues?
20 November 2024 | 12 replies
I also work a full time W2 and have 3 kids in sports, so time is not always my friend.
Parker Pattschull
Appropriate response time from syndicators.
27 November 2024 | 16 replies
Note I am not stating I find this ideal, but if an operator has outstanding performance record, I may be able to tolerate sub-par communication.
Robert Silvernagel
Can anyone comment on the short term rental market in Maui?
28 November 2024 | 13 replies
I've got 2 condos, a 2 bed at Maui Banyan and a 1 bed next door at Kihei Akahi.I'd definitely agree with @Patrick Franta - from my experience as well, the 1 bed unit has performed better.Also props to @Mike Neubauer for sharing his knowledge and experience with me - I'd definitely recommend you take him up on his offer if you have questions etc.I recently heard that the County of Maui is considering a ~50% increase in property tax for short term rentals from the current $9.37 rate to $15.41, equal to what time share units pay.
Sarah Rhee
Significant equity in two homes, stuck on what to do next, recently lost a job
23 November 2024 | 5 replies
Quote from @Sarah Rhee: I have a real simple rule for investing: never sell an investment unless you can move the money to a better-performing asset, or if the sale will move you closer to your goal.Your situation doesn't meet my rules.
Tessa Tsui
Renal App for Landlord
23 November 2024 | 4 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.