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18 October 2024 | 10 replies
Majority of our landlords don’t want the section 8 approach since it is so time consuming to get approved and get a tenant in however they tend to be the more long lasting tenants and then you never have to chase your money as long as you maintain the property
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19 October 2024 | 16 replies
Being that you already have property management experience and feel confident in your ability to manage a single-family or multifamily property, it really comes down to your financial position.If you have a good amount of cash available to put a down payment towards the purchase of a property and maintain sufficient cash reserves (or if you have a partner you can work with who does), then there's nothing wrong starting off with a multifamily property.
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23 October 2024 | 28 replies
They prevent bedbugs from entering or escaping mattresses.Routine Inspections: Regularly check mattresses, bed frames, and furniture for signs of bedbugs (small black spots, eggs, or live bugs).Furniture Choice: Choose furniture with metal or plastic legs instead of wood, as bedbugs are less likely to infest non-porous surfaces.Bedbug Traps: Place bedbug traps under bedposts and other furniture legs to catch any potential bedbugs before they become a problem.Professional Cleaning: Schedule routine deep cleans between guest stays, and if you ever suspect bedbugs, hire a pest control professional immediately.Clear Guidelines: Educate your cleaning staff on how to spot bedbugs early, and encourage them to report any signs immediately.These steps will help you set up a smooth, well-managed STR that’s ready to generate revenue while maintaining a good relationship with your LTR tenants.
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18 October 2024 | 12 replies
While working, I shifted my focus and started doing BRRRR projects on the side while maintaining my 9-5 job.
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22 October 2024 | 17 replies
If you're going to keep it a rental, you want to "maintain to the neighborhood", NOT your personal preferences (or that of your siblings).What's the estimated cost of any required repairs?
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18 October 2024 | 8 replies
As long as you and your CPA maintain thorough and accurate records, you should be in good shape.
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17 October 2024 | 2 replies
How do you find contacts, reach out, market and then maintain your relationship with them?
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18 October 2024 | 29 replies
Most prospective guests can indeed see through an overly picky critique.However, there are ways to respond to critical reviews that maintain professionalism and avoid coming off as defensive:Keep it Short and Professional: A brief, polite response shows that you care without getting into the details.
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19 October 2024 | 25 replies
The reason behind that is simple: maintaining infrastructure for low density single family housing is cost prohibitive.
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17 October 2024 | 10 replies
Present yourself as the profesional with high end software and should help to maintain your growth going forward.