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21 February 2025 | 250 replies
THAN institute the new GOOD management, and process going forward.
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14 February 2025 | 5 replies
To move forward, determine whether you prefer local or out-of-state investing, cash flow or appreciation, and self-management or hiring a property manager.Good luck!
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14 January 2025 | 6 replies
Hire a property management company who will manage it for you.
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3 February 2025 | 2 replies
It was all really quick, and the time to complete everything happened a lot faster than I expected (which was a good thing).I was worried at first that I had to use all the partners that Rent to Retirement had, but it was really easy for me to shop around for different lenders with different terms and rates, insurance providers, and property management company.
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4 February 2025 | 6 replies
I have 0 experience managing STR properties, but lots of experience using Airbnb from my travels 😅 I am halfway reading Avery Carl’s book on STR.
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20 February 2025 | 13 replies
.✔ Call the employer directly – If HR is off-limits, ask for a manager’s contact instead.✔ Stick to a Consistent Screening Process – Fair Housing laws require uniform screening criteria, so making an exception for one applicant could lead to discrimination claims.
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17 January 2025 | 9 replies
I would protect myself and cut my losses so I was not looking over my shoulder or getting high blood pressure every time I heard a knock on the door (hoping it is not the FBI showing up to ask you some questions).
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6 February 2025 | 15 replies
I follow the letter of the law( no matter how much I may not like it) that's part of my risk management and my reputation.
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10 February 2025 | 9 replies
The key is making sure you have the right team in place—outside of market research, finding a trustworthy property management company is one of the most important factors in making long-distance investing successful.
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22 February 2025 | 9 replies
You likely don't have the net worth, proper LLC management or proper separation of personal interests to make this an effective approach. there numerous BP threads you can search to get more insights. tldr - keep under personal name and get a good umbrella plan.