
8 June 2024 | 6 replies
Super knowledgeable and can do a variety of stuff.

8 June 2024 | 1 reply
I also have experience managing remodels, contractors, subs etc and have even taken some community college trades courses (framing etc) so I have some basic trades knowledge.

7 June 2024 | 19 replies
It would help if you could participate with someone else while gaining knowledge, what I mean is, its better to be applying or thinking about applying the knowledge as you learn it rather than just absorb a bunch of knowledge but not go through the difficult part of applying it to the real world.One thing you can do is look at strategies you would like to do.
9 June 2024 | 7 replies
I don't feel like I can just hand somebody money and then they can just give me money back but maybe I"m over thinking it.

10 June 2024 | 10 replies
I don't know any attorneys in Sacramento, but if you want referrals in San Diego, feel free to send me a message.

8 June 2024 | 1 reply
These are some of the ways the clients could be affected by property managers who are not prepared: Extended VacanciesInadequate marketing strategies and tenant screening processes can result in prolonged vacancy periods, translating into substantial lost rental income.High tenant turnover due to poor resident relations further exacerbates vacancy losses.Inadequate Maintenance and RepairsNeglecting preventive maintenance and delaying necessary repairs can lead to accelerated property deterioration and higher long-term repair costs.This can also negatively impact tenant satisfaction, contributing to higher turnover rates.Legal and Compliance IssuesLack of knowledge or disregard for landlord-tenant laws and regulations can expose investors to costly legal disputes and penalties.Failure to properly handle security deposits, evictions, or fair housing practices can result in significant financial liabilities.Ineffective Financial ManagementInaccurate budgeting, expense tracking, and financial reporting can lead to uninformed decision-making and missed opportunities for cost savings.Failure to optimize tax strategies and leverage available deductions can further reduce net returns.Diminished Property ValueInadequate maintenance, high vacancy rates, and poor tenant screening can negatively impact a property’s perceived value and appreciation potential.This can significantly affect the long-term return on investment when it comes time to sell the asset.While a 10% management fee may seem reasonable for a well-performing property manager, the cumulative impact of mismanagement can quickly escalate the effective cost to investors, potentially outweighing any perceived savings on the management fee itself.
9 June 2024 | 6 replies
Feel free to use us as a resource.

10 June 2024 | 13 replies
Please feel free to reach out if you have any other specific questions or if our GC team can be of any assistance.

6 June 2024 | 12 replies
And FWIW, after managing tons of cleaning vendors for HUD and others in my past life, my approach is that you get what you pay for, that you should pay a little more than the average for your market if you want your cleaner to be a partner to your business (and that such will pay for itself), that you should thank and appreciate them often, that you should make them feel free to reach out for bonus requests but also should decrease the frequency of such by not reducing their comp when they encounter easier-than-normal cleanings, and that you should pay them immediately after the cleaning.

9 June 2024 | 10 replies
I want to ensure we do this right, but I feel lost and stuck!