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16 December 2024 | 8 replies
There is much to learn: pricing, marketing, screening, contract law, lease enforcement, late/unpaid rent, property abandonment, squatters, maintenance, tenant neglect or abuse, communication, and 417 other things.Buying a decent property but not managing it well can impact your finances, marriage, sanity, physical health, and desire to invest.
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11 December 2024 | 8 replies
For the most Service has been responsive, they're adding more functionality, though wish I could track maintenance/repair requests and service fees for rent, but the cash management is what's keeping me here for now.
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12 December 2024 | 9 replies
@Hsin-I Hsu Owning a $2.5M house can be an expensive commitment, not just because of the upfront down payment but also due to the ongoing expenses for repairs, maintenance, and upgrades that inevitably come with homeownership.Renting at $5K a month, especially for a 4-bedroom house in the Bay Area, seems like a solid deal.
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12 December 2024 | 5 replies
If I continue to charge $500 month, that's $6,000/year, If half of that went for maintenance, it's still $3,000/year.
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11 December 2024 | 14 replies
query=garage#sear...If you can rent a 2 garage at $450 without spending ~$150k for a garage ADU conversion, no work/risk of the ADU conversion, the lower maintenance/capex, easier eviction, no rent control, less tenant interaction, it will not convert your SFR to rent control, etc, it seems superior to the garage ADU conversion.
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11 December 2024 | 1 reply
We were able to create a great coworking lounge as well as build out a great entertaining space on the rooftop for stargazing, yoga, movie nights, dancing, great food, drinks and ocean and city views.It was in decent condition, just a lot of deferred maintenance, Has appreciated.
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11 December 2024 | 13 replies
Unfortunately there's a lot of alarmist/scare tactics utilized to upsell these services that do nothing but generate revenues for those who are selling the service and often leave the clients with recurring expenditures i.e annual maintenance costs.
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9 December 2024 | 6 replies
I am considering other options to see if there are ways I can hire someone to just do showing only and mamage my own rent collection through Zillow app, I also have my own contactors to do maintenance but have been paying monthly fee to my property manager who has done literally nothing, they also never answered my calls.It definitely sounds like you need to reevaluate your relationship with your property manager.
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22 January 2025 | 203 replies
Nothing but regular maintenance.. 30k home in the mid west rust belt in the day depending on what happened in those cities demographically wise could be still 30k or maybe 300k.. thats where the wealth has been created in CA..
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13 December 2024 | 35 replies
New construction is also a solid option because everything’s brand new, and you’re less likely to run into issues with maintenance early on.As for research, I’d focus on the local economy and rental demand.