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22 May 2024 | 77 replies
Or if the tracking my route $20 option was included already with the monthly rate, that would be awesome.
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22 May 2024 | 90 replies
I will have to look closer at other collection options for my next rental.
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22 May 2024 | 3 replies
If the seller is not liquid enough to provide a loan, they could attempt to find another financing option for the buyer.
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22 May 2024 | 9 replies
@Justin LaPointe That is a great option!
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21 May 2024 | 2 replies
We gave them the option to either provide them with the nightly rate per diem of the rental for them to do as they please or we would book accommodation for them.
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20 May 2024 | 2 replies
Zillow's API is no longer offered (or they make it extremely hard to access these days - have had no luck finding an updated link/page for it), Redfin has broad-stroke CSVs you can download that only give 5-10 fields of info and not often at the metro area, you can't legally create a tool to crawl these websites...I'm looking for 1 (or a handful of sources) to pull together basic metrics at the metro/city level for US real estate.
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22 May 2024 | 5 replies
(Also on airbnb there are options to actually rent a set up tent which sounds weird but people do it.)Fourth: Set up a youtube channel, which is free.
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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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22 May 2024 | 13 replies
I need help identifying my real options as at this point I only see two: 1) fight it and settle for 5-10 percent increase which is my goal.
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22 May 2024 | 6 replies
We also can offer BPO options but only for experienced investors and only on short term loans (All 30 year loans need a full appraisal)