15 March 2024 | 3 replies
It’s the beginning of my journey and will be looking to learn and implement how to build a portfolio of long term rentals.
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14 March 2024 | 2 replies
Instead of implementing a first right of refusal, there should be an option to buy their homes from them at a fair market value/paying to move their homes elsewhere or give them the first right.This is the real issue, we are not protecting tenants by solely giving them the first right of purchase.
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14 March 2024 | 7 replies
I do like your idea of the "tech package" with assoc. fees.The major con that has kept us from implementing has been - management burden.
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14 March 2024 | 24 replies
Investors are not the only ones that have taken notice of increased STR supply, the majority of the cities, counties or jurisdictions I service have recently implemented new or revised regulations for obtaining and operating a vacation rental throughout the Oregon Coast and area of coastal California.
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16 March 2024 | 36 replies
G'Day Amirra,Yep, pretty standard is 1 months rent.A new twist to traditional property management fee's that I like and that we implemented is a flat monthly fee (Like an insurance policy per se) and that covers no tenant placement fee, no maintenance up-charge, no lease renewal fee, no eviction up charge.Makes the fee structure "cleaner" and easier to understand as PM's usually have a lot of hidden junk fee's, etc...Thanks and much success
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13 March 2024 | 2 replies
If you hire a manager you should have already understood their screening process, and then allow them to implement it.
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13 March 2024 | 6 replies
Are there any that you implemented and had success with?
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12 March 2024 | 4 replies
Hello, are there any property managers in Ohio dealing with section 8 tenants that are willing to implement some of what Joe Asmaoah has done.
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13 March 2024 | 28 replies
Screen tenants - Implement thorough tenant screening processes to minimize risk of vacancy and potential rental income loss.4.
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12 March 2024 | 0 replies
Cost segregation studies also have multiple benefits including:Accelerated depreciationTax deferralIncreased cash flowRemember, that cost segregation is not a tax benefit to reduce your lifetime tax burden, but instead shifts when you pay those taxes to help implement more efficient investment/portfolio growth strategies.