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20 December 2024 | 2 replies
The easiest spot would probably be the dining room and change the office to more of a smaller dining area.
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17 December 2024 | 4 replies
One thought would be for you to move into the smaller unit and rent out the larger unit to bring in more revenue.
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24 December 2024 | 8 replies
In the past when I am looking for a property manager I google to find all managers with physical offices in close proximity to my properties to narrow my search and ignore all sponsored adds that fake that they are local.Since you have self managed, you will be better equipped to "manage the manager".
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31 December 2024 | 32 replies
. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.
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26 December 2024 | 21 replies
Usually the State Attorney General's office is a good place to start.
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19 December 2024 | 5 replies
but working with someone who is local to your market, who can show you their legal documents that they have used, introduce you to a proper title/attorney office for drafting documents...I mean, nothing is foolproof...but that route will have a significantly higher success rate.
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18 December 2024 | 6 replies
OR it may be the spark needed to build out your next RE revenue strategy.
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11 December 2024 | 4 replies
@Jaren Woeppel I own a management company that focuses almost exclusively on the management side for revenue and has right at 700 doors under management.
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18 December 2024 | 12 replies
If your area is popular over Christmas, you could still get booked and with slashed prices you just lost some revenue.
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19 December 2024 | 12 replies
In an oversimplified view, revenue of $1,000 and expenses of $1,000 offset to $0 and you made no profit...yet.