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17 July 2024 | 15 replies
In an example like that waiving some late fees to avoid eviction costs, additional nonpayment until eviction, turnover/vacancy costs is well worth considering.
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17 July 2024 | 2 replies
For a low-cost solution, you can create a simple Google form with custom questions and share the link with them.
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15 July 2024 | 1 reply
This is paired with automated prorating of rent and electronic payment setup.
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17 July 2024 | 2 replies
Your example:1M purchase, sale of $1.4M then a $400K gain is forgetting your rehab and sales costs of approximately $150K, so your real gain is $250K.
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15 July 2024 | 4 replies
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15 July 2024 | 12 replies
It's a pain but the post office has a sytem set up for it.I told the tenant I couldn't do anything for him until AFTER Memorial Day and after that I would figure out if we had a spare and get back to him, , but I told him to in the meantime, call the post office, hold the mail, and manually pick it up, and keep looking for the key.
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16 July 2024 | 3 replies
I hired a local handyman by father knew to 'save on repair costs' as opposed to going with one of my usual GC's.
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16 July 2024 | 0 replies
This helps reduce operational costs and increase efficiencies, hopefully giving the landlord back time to spend on other areas of the business.Market Trend Predictive Analytics: There are AI algorithms that can analyze large amounts of data in order to predict property values and future market trends.
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17 July 2024 | 8 replies
Know the trends, the costs per project and needs of the buyers there.
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17 July 2024 | 2 replies
Cutting down timelines to not extend carrying costs Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?