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21 November 2024 | 6 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.
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2 December 2024 | 34 replies
Seeing as how I'm not sure if you are communicating this properly, but one could be crossing ethical / legal boundaries --- maybe.Personally, the rental activity for that sort of property and tenant would not be worth the time.Thanks for letting us know.
19 November 2024 | 15 replies
Majority of mold complaints are tenants panicking and/or trying to get free rent out of their landlord.If they do get an attorney involved, their attorney will send you a written notice, which will lay out the issues and often tell you to give the letter to your insurance company.Don't bother with this, but you can discuss with your agent.When you or your PMC (or both) receive a legal notice of a case started, that's when you want to get your insurance company involved.Recommend you keep a record of all your communications with your PMC about this issue.
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18 November 2024 | 6 replies
BRRRR is great for building equity fast if you can manage the rehabs efficiently.
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21 November 2024 | 10 replies
The other way to lower PITIA is to get a lower insurance quote but this is marginal since most insurance carriers are all priced to market efficiently (insurance accuraries have low margin of error or variability).Stated the problem and the solution to your FHA inquiries, any thoughts questions comments, lets goooo....
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20 November 2024 | 9 replies
These tools can help you stay organized and manage your expenses efficiently for real estate investing.
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17 November 2024 | 18 replies
And you can't be of service if you don't communicate well, so one will communicate well.
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19 November 2024 | 5 replies
A channel manager like Hospitable syncs bookings across all platforms, avoiding embarrassing overlaps and keeping all communications centralized.Automated Cleaning Schedules: After each guest checks out, cleaning schedules can be synced automatically with the cleaning crew—eliminating missed cleanings or the need for last-minute arrangements.Automating these aspects of STR management isn’t just about making life easier—it’s about maximizing profits, improving guest satisfaction, and bringing back valuable personal time.Have you tried automating your STR?
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18 November 2024 | 4 replies
You can 100% create simple systems with free technologies and run your unit efficiently.
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19 November 2024 | 8 replies
Communication What’s your process for keeping out-of-state clients informed?