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21 May 2024 | 4 replies
Make a list of your current frustrations and see if the new software addresses those issues specifically.
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22 May 2024 | 27 replies
The expansions in the area are already linking Tampa to Orlando via I-4 causing huge traffic issues but hopefully that gets slightly better as they expand the express lanes from Orlando to Tampa.
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20 May 2024 | 4 replies
You'll need the legal description and address for them to look it up.
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20 May 2024 | 3 replies
-If/when there are issues go out of your way to fix.
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20 May 2024 | 14 replies
It sounds like there are serious issues that the previous owners never wanted to fix or were too costly.
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20 May 2024 | 5 replies
@William StricklandCalculate deals you can use a simple calculator, the issue is typically never the calculator but the data that is input into the calculatorGarbage in = garbage out and this is where experience and knowledge come into play.
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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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20 May 2024 | 19 replies
But, a couple issues come to mind:After co-mingling funds, I believe the next "common way" to pierce your corporate veil is to use the LLC as an alter-ego.
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20 May 2024 | 6 replies
Collin County seems to be over price, the same than Denton County, though you could find some deals there is always a challenge to find the right one.One thing to take in mind is the maintenance cost, Fort Worth has older houses that will cause issues on the maintenance, if you are looking low maintenance you will need to look a few and identify how you fell comfortable.
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20 May 2024 | 6 replies
That will KILL your contact rate in its tracks, I run a call center for Real Estate so deal with these issues all the time.