
25 July 2022 | 12 replies
if it is an actual management company, call the main number and ask to speak with your manager's supervisor, managing broker, owner, whomever. your assigned manager may be on vacation, ill, otherwise unexpectedly out of the office, dealing with an emergency today and hasn't seen your email, text message, or voice mail message from this morning yet, etc. etc. etc.if it is a mom and pop shop operating out of the back of their pickup truck (or a spare bedroom in their house) and they really are just blowing you off, check your contract. there is likely a provision for a default (not calling you back may not constitute default). it'll tell you what to do if you believe your PM is in breach of contract.

22 September 2020 | 9 replies
The only reason I might advocate for paying off the loan more quickly than the minimum, is if your monthly payment included private mortgage insurance, AND paying off that PMI early would give you a much better rate of return than an index fund.

1 October 2020 | 8 replies
Also your phone will blow up from realtors.

8 April 2022 | 36 replies
Many advocates of self management would casually say “you just need a good handyman and a good cleaner”.
6 March 2021 | 1 reply
My wife and I are looking at getting into the STR/LTR rental business in the North Carolina Highlands area (Boone, Banner Elk, Blowing Rock).

7 July 2020 | 7 replies
If you have a creative banker at the institution, a banker that shares your vision and can be your advocate when going to the lending committee, I think that will serve you best.
25 April 2019 | 3 replies
Hey everyone.I came across the following article: https://marketmadhouse.com/baby-boomers-blow-real-estate-market/.

30 December 2020 | 4 replies
I was dealing with some pretty serious family health issues this last summer when vacation rental in our area were blowing up!

9 April 2023 | 48 replies
All sorts of rehabs/conversions can turn a total loser into a cashflowing property. ...another example: I've built ADUs in previously unfinished basements, which turned properties that were $500/mo negative into properties that now cashflow 1000/mo ...the power move was rolling the construction debt into refis on other properties at lower rates, which more than negated the construction debt...in other words, I got paid to build the ADUs (these days, this isn't usually possible--or at least, it's a lot less likely--now that rates are rising...but who knows, rates might decrease again at some point...). ...Although certain rehabs/conversions can force cashflow, there is real skill and art to spotting properties that are good candidates for these types of rehabs/conversions. ...an effective rehab/conversion is often a lot trickier than HGTV would have you believe, and choosing the wrong property to do this can completely blow up the financial model.Another approach is to learn to find properties that have something that turns off other buyers, but which is irrelevant to cashflow, and irrelevant to your business model.

9 April 2020 | 7 replies
Cancelling SXSW in and of itself was a major blow.