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20 May 2024 | 8 replies
If anyone has any advice or can point me in the direction to get started of what is my best best to figure this out please feel free to comment!
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21 May 2024 | 21 replies
partner with someone for this - you will gain the knowledge.
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22 May 2024 | 2 replies
If you have more time than money, this is the free way to do it.If you value your time, then use one of the paid sites, like flsonline, foreclosures daily, or a host of other data providers.
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22 May 2024 | 2 replies
Feel free to DM me if you ever want to discuss investing in the Central Valley.
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20 May 2024 | 7 replies
In my opinion this is something that can be self taught (along with free help/advice).
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22 May 2024 | 19 replies
Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.
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23 May 2024 | 12 replies
If you have any questions, please feel free to contact me.
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23 May 2024 | 52 replies
He seemed knowledgeable at first but I could’ve negotiated better than him.
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22 May 2024 | 5 replies
The tub looked brand new and came with a textured, slip-free bottom that was so much better than the original.