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Results (10,000+)
Josh Haney CRE Syndications/Joint Ventures
20 May 2024 | 13 replies
Industry events, conferences, and online forums like SponsorNetwork can be a fantastic way for you to connect with experienced sponsors and investors.And don't be discouraged by a lack of prior deals.
Coty B Lunn Managing Investment Properties: With or Without a Property Manager
18 May 2024 | 2 replies
Let's explore some effective approaches for managing investment properties:With a Property Manager:Screening and Selecting Tenants: Entrust your property manager to handle tenant screening, background checks, and selection, ensuring reliable renters for your investment.Rent Collection: Property managers can ensure timely rent collection and handle any late payments or lease violations professionally.Maintenance and Repairs: Delegate routine maintenance tasks and repairs to your property manager, who can coordinate with contractors and vendors to keep your property in top condition.Tenant Relations: Property managers serve as the primary point of contact for tenants, addressing their concerns and ensuring a positive rental experience.Lease Enforcement and Evictions: Trust your property manager to enforce lease terms and handle the eviction process if necessary, following legal procedures.Financial Management: Property managers can handle financial tasks such as budgeting, accounting, and financial reporting, providing you with regular updates on property performance.Without a Property Manager:Self-Management: Take on the responsibility of managing the property yourself, handling tasks such as advertising vacancies, screening tenants, and collecting rent.Outsourcing Specific Tasks: While not hiring a full-time property manager, consider outsourcing tasks like maintenance and repairs to trusted contractors or service providers.Utilizing Technology: Leverage property management software and online platforms to streamline processes such as rent collection, lease management, and maintenance requests.Establishing Clear Policies: Set clear policies and procedures for tenants regarding rent payments, maintenance requests, and lease terms to minimize conflicts and misunderstandings.Regular Inspections: Conduct regular inspections of the property to identify maintenance issues or lease violations early on and address them promptly.Building Relationships: Maintain open communication and positive relationships with tenants to foster a sense of community and encourage better care of the property.Whether you choose to hire a property manager or manage the property yourself, effective communication, attention to detail, and a proactive approach to property management are key to maximizing returns and maintaining the value of your investment.
Gian Jr, III Check my math? Deducting STR losses against high wave W2 job.
19 May 2024 | 25 replies
You should look to conduct a cost segregation study so that you can accelerate more of your depreciation against your income.
Bob Bates Management software recommendations
17 May 2024 | 1 reply
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
Michael Behr Looking for 1st deal
17 May 2024 | 6 replies
.- Analyze Deals Thoroughly: Once you identify potential properties, conduct thorough due diligence and financial analysis to ensure they meet your investment criteria.
Dominic Mendolia assisted living/senior living
19 May 2024 | 90 replies
Can anybody recommend a firm that conducts feasibility studies for Assisted Living projects?
Sam Green Self Storage
20 May 2024 | 121 replies
Based upon the SSA virtual conferences I have attended and conversations with other operators, most have been able to keep their doors open to serve the community. 
Chad R. Is there a Tax Benefit to having Mortgage interest all on rental property ?
15 May 2024 | 7 replies
I was just out in Tampa for a conference last week and am missing the weather already. 
John King Eviction backlog in Cobb county Georgia
15 May 2024 | 3 replies
Or should I wait it till September for Sherriff for conducting eviction?
Frank Barletta Is Syracuse, NY really a dump?? Maybe not.
16 May 2024 | 8 replies
It's also smack dab in the middle of the state, so it's very central for conferences, shipping, and commuting.