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20 May 2024 | 11 replies
They can guide you through the eviction process if necessary and ensure that you follow all legal procedures correctly.Evaluate the Impact:Consider the long-term impact of the tenant’s smoking on the property.
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23 May 2024 | 35 replies
Cornell Law publishes the FRCP (Federal Rules of Civil Procedure) – I became very familiar with the “process”.
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21 May 2024 | 41 replies
I called Mobile Crisis Unit about 2 months ago because he fell and refused medical attention.
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19 May 2024 | 14 replies
I was aware that my tenant had 1 plant and a medical marijuana card, which I was 100% OK with.
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19 May 2024 | 5 replies
Draft Standard Operating Procedures to advise on decisions concerning investments in addition to actions.
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20 May 2024 | 27 replies
What do you guys think about the area around Grandview Medical Center?
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18 May 2024 | 2 replies
Let's explore some effective approaches for managing investment properties:With a Property Manager:Screening and Selecting Tenants: Entrust your property manager to handle tenant screening, background checks, and selection, ensuring reliable renters for your investment.Rent Collection: Property managers can ensure timely rent collection and handle any late payments or lease violations professionally.Maintenance and Repairs: Delegate routine maintenance tasks and repairs to your property manager, who can coordinate with contractors and vendors to keep your property in top condition.Tenant Relations: Property managers serve as the primary point of contact for tenants, addressing their concerns and ensuring a positive rental experience.Lease Enforcement and Evictions: Trust your property manager to enforce lease terms and handle the eviction process if necessary, following legal procedures.Financial Management: Property managers can handle financial tasks such as budgeting, accounting, and financial reporting, providing you with regular updates on property performance.Without a Property Manager:Self-Management: Take on the responsibility of managing the property yourself, handling tasks such as advertising vacancies, screening tenants, and collecting rent.Outsourcing Specific Tasks: While not hiring a full-time property manager, consider outsourcing tasks like maintenance and repairs to trusted contractors or service providers.Utilizing Technology: Leverage property management software and online platforms to streamline processes such as rent collection, lease management, and maintenance requests.Establishing Clear Policies: Set clear policies and procedures for tenants regarding rent payments, maintenance requests, and lease terms to minimize conflicts and misunderstandings.Regular Inspections: Conduct regular inspections of the property to identify maintenance issues or lease violations early on and address them promptly.Building Relationships: Maintain open communication and positive relationships with tenants to foster a sense of community and encourage better care of the property.Whether you choose to hire a property manager or manage the property yourself, effective communication, attention to detail, and a proactive approach to property management are key to maximizing returns and maintaining the value of your investment.
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18 May 2024 | 4 replies
Multi-family can work out but if you're marketing to travel medical professionals, many of whom work nights and sleep days, you'd need to be able to provide a relatively quiet space and that can be hard to achieve in multi-family properties.
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24 May 2024 | 259 replies
I'm interested in exploring southern N.H. particularly around the colleges and Medical School.