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1 August 2024 | 6 replies
Hello Everyone, I’m Lotus, an Real Estate Investor and program/project manager.
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7 August 2024 | 73 replies
More consolidation by the biggest banks and asset management company.
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5 August 2024 | 5 replies
When you’re pressed for time or eager to start a project and need things to move faster, consider outsourcing tasks for efficiency.Overall, I think you should go back to the drawing board, build a specific and optimized list, and market to it consistently.
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6 August 2024 | 2 replies
I simply budget 5% of incoming rent for maintenance and 5% for future capital improvements and manage the properties as time goes and as things come up.For example, when a tenant moves out, I will look at the property and determine if any rehab/upgrades make sense at that point.
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5 August 2024 | 9 replies
They all seem geared toward the professional that needs the entire process from creation to closing managed by the software.
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6 August 2024 | 2 replies
My brother has lived in the home as his personal residence since, but we are now in the process of renting it out full-time using a property manager.
5 August 2024 | 11 replies
Occupied by Past Owner in one unit, the other unit is empty.I have hired a property Management company to complete eviction - Upon receiving Eviction notice, Past Owner / Tenant went to the Property Management office and insisted that she still owns the property, refused to sign a lease, and stated that she won’t pay rent for her own property.Property Management company stated that this will not be resolved without going in front of a judge and told me that it can be filed at the end of the month.How long with this process take?
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4 August 2024 | 3 replies
I have done several projects now and really streamline my business.
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5 August 2024 | 2 replies
Each has its own advantages and challenges, and success depends more on the specific property, location, and your management approach.The "forever apartment" concept rarely exists.
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5 August 2024 | 5 replies
Being an entrepreneur is primarily a role of knowing your strengths and recognizing your holes, then filling in people for those holes.Most all investment managers start with partnerships of two or three people that have complimentary skill sets, relationships, etc.