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9 June 2024 | 35 replies
But, per this recent Top Complaints piece in NC REC news, "transaction coordinators" (TCs) could be considered a star in the closing show: "Brokers may also utilize the services of a transaction coordinator to assist them with managing administrative aspects within the transaction.
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4 June 2024 | 3 replies
@Daniel KebedeRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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7 June 2024 | 0 replies
My name is Ryan Montes, and I am a branch manager with Change Home Mortgage, based out of Anaheim Hills, CA.
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7 June 2024 | 11 replies
We use Booking Pal as a Channel Manager and our properties are on Google Vacation Rentals.
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7 June 2024 | 3 replies
You likely won't be able to offset the rental loss with your W-2 income unless you can claim real estate professional status or operate it as a STR and self-manage it.The answer won't change even if you own the property inside of an LLC.Best of luck.
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5 June 2024 | 14 replies
However, the other benefits of owning real estate are: - Taxes (depreciation/potential accelerated depreciation)- Appreciation (this is NOT always guaranteed, but over time, you will have appreciation)- Building equity (in this scenario, as long as rent is paid, you'll build about $140 monthly in equity)Please note some expenses that are missing from this are: - Management fees (8-10% on average, if applicable)- Estimated vacancy costs (2-3%)- Estimated repairs (5%)Disclaimer: I am a real estate investor and own four rental properties.
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7 June 2024 | 3 replies
I'd also recommend checking out Investor Lab – their events are worthwhile, though there is a fee.Besides REIAs, look into:Meetup.com: Many local real estate groups host events here.Landlord Associations: They provide excellent resources for both Portland and state-level, which could be helpful if you decide to self-manage your home in Salem.Best of luck on your real estate journey, and feel free to reach out if you need any advice!
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8 June 2024 | 25 replies
If you need help with construction design, build, management of property I’m here to help.
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4 June 2024 | 5 replies
What is typcially the busiest day of the week and of the month for onsite large multifamily property manager.I'm guessing early in the month 2nd-3rd when rent checks are coming in or starting to deal with collections.Maybe Mondays to start dealing with weekend applications, tours, leases?
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7 June 2024 | 2 replies
If I don’t succeed as a wholesaler, I would probably fare well in Risk Mitigation/Management, lol!