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30 December 2024 | 7 replies
For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).
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20 December 2024 | 3 replies
You might find that installing a mini-split system, properly insulating, and ensuring the finishes match the main home’s quality will make a difference in how the appraiser views it.
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19 December 2024 | 9 replies
Giving the best quality of service to people is the top priority!
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7 January 2025 | 16 replies
It markets our properties, screens our tenants, collects our rent, deposits it into our bank accounts, has full accounting and reporting features, has a tenant facing web portal & app where tenants can log in and report maintenance issues and see their account, etc, for $2/door/month - but they have a $45 minimum monthly fee... so up until you cross 22 doors it would be $45.
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23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
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8 January 2025 | 29 replies
So, when we chat about different Neighborhoods and properties, we're on the same page.References are nice, but why would they not screen the references first, making them useless?
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8 January 2025 | 38 replies
The bleeding is now over and you can move on with a quality tenant that will provide you the cash flow and property respect that you deserve.
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24 December 2024 | 23 replies
This list isn’t exhaustive but includes most of the best ways to find quality firms to partner with.Conferences.
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11 February 2025 | 183 replies
An Appraiser recently told me that he would value a "builder quality" $50k garage conversion ADU at maybe around $20k, due to the requirements they have to follow.
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20 December 2024 | 8 replies
This strategy can allow you to scale into a bigger or better-quality property while maximizing your equity.When to Start Looking for PropertiesStarting your search before listing your current property is a smart move.