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11 January 2025 | 31 replies
@Jonathan Greene @Jay Hinrichs @Nicholas L.Note: Each state has their own way of handling and regulating foreclosures, and as someone who is not specializing in foreclosures I can give you only general ideas and information.
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6 January 2025 | 57 replies
For others, and most of the population as in well over 2/3rds, they cannot handle it.
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14 January 2025 | 329 replies
Our STRs have a PM who handles the STR tenants.
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20 December 2024 | 2 replies
You can evaluate the additional cost and payback time as if you were paying for heat to get a handle on it but the jump to most efficient is probably not worth it in your situation.
20 December 2024 | 4 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
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22 December 2024 | 1 reply
He could have sold it to any investor, but he called me because he trusted I would handle it with care and respect his wishes.
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28 December 2024 | 11 replies
@Jay Hinrichs I handled an auction sale years ago where the city/state had assessed a riverside parcel at 60+ acres for decades when it was actually less than 20.
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24 December 2024 | 13 replies
Yes the biggest issue was they grew way too fast and he set up an entire servicing company to handle all of their deals.
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24 December 2024 | 9 replies
That’d be my next move-they can tailor advice based on your portfolio and Vermont's specific laws.By the way, if anyone here has experience juggling multiple LLCs at the 5-10 door stage, how have you handled the balance between liability protection and administrative overhead?