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18 April 2024 | 4 replies
Are there any specific marketing channels or tactics that property management companies often overlook but can be highly effective in lead generation?
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17 April 2024 | 35 replies
I tried to include their phone here but it isn't allowed.
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18 April 2024 | 7 replies
@Brianna Johnson you’ll need to find out from your mortgage company how much extra you can pay into an escrow account because many have overage triggers where they’ll send it back to you if it goes over their limits.
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16 April 2024 | 12 replies
I read that it was possible to create a PM company under an LLC and pay myself to manage the properties but then I would be subject to 15% Self Employment taxes.
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17 April 2024 | 4 replies
On a somewhat related note, I would refrain from contacting these tenants by texts, phone calls, or voicemail for these kinds of issues.
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18 April 2024 | 2 replies
Hi Salvatore,If you don't transfer the title and the mortgage to the LLC and do all the paperwork to show your LLC instead of your name, then you are still liable for any issue that happens to your tenant if they want to sue you.Mortgage companies in general allow to transfer to an LLC after one or two years.As Bill's mentioned, don't commingle funds is key as well, as soon as an LLC is open you have to open an LLC business account and everything towards the LLC goes there.
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17 April 2024 | 13 replies
I'm biased because I work for a company that helps agents do just that, and this is not a pitch (I'll not mention my company name at all,) it's a genuine ask for help.
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18 April 2024 | 1 reply
@Sayli MulayMake sure title company properly titles the deed and connect with your custodian in advance for proper language requiredThese get delayed all the time because of improper language
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18 April 2024 | 3 replies
I plan to sign up for a free trial on this platform: https://urlbox.com/screenshot-api After some reading about this, my idea is to: - check which companies are selling in my area and create a visual database of their listings (Zillow); - use automated screenshots for competitor analysis (locations, prices, open houses nearby); - track SERPs - track my progress in different queries to analyze the success of my campaigns;- possibly create visuals for social media/presentations As we all know, it's one thing to read that something is a good idea and another how it is implemented in practice.
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17 April 2024 | 16 replies
Sometimes to this day if I have a CRE deal that I know will work but I don't have the relationship in pocket, I'll bang the phones until I find the right lender - banks/CU's/calling lenders I do have and asking for referrals/etc.