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12 August 2024 | 28 replies
That’s a great testimony and encouragement.
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11 August 2024 | 16 replies
Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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9 August 2024 | 184 replies
So you think Agents have a poor standing in Society today .. like used care salesmen or how people pick on Lawyers etc etc..
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10 August 2024 | 8 replies
Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge
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9 August 2024 | 2 replies
Encourage them to obtain renter's insurance.- Insurance companies do not typically cover termite damage unless the damage is so severe that it causes a floor/ceiling to collapse.
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10 August 2024 | 10 replies
I understand wanting to be local but I’d encourage you to be flexible on that so your options aren’t limited.hope I was able to add some value.
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9 August 2024 | 5 replies
@Shaun BeckRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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8 August 2024 | 0 replies
Improving public transportation and ensuring it remains accessible and fare-free is a positive step, but it's not enough if residents still need to commute long distances for work or basic amenities.Investing in local infrastructure, encouraging businesses to set up in Worcester, and providing incentives to attract and retain jobs within the city are essential steps.
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9 August 2024 | 17 replies
We encourage the investors that we work with to only look at houses that are 1-3 months from completion.
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9 August 2024 | 10 replies
Charlie, I would really encourage you to read BP's book on STR's.