Peyton Culberson
Managing Your First Rental
11 October 2024 | 13 replies
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.
Ari Lagunas
First Time Investment Property Strategy - San Diego
16 October 2024 | 13 replies
I am not going to split hairs on whether an insurance policy is your asset or another’s asset but it is not the subject property.
Oceana Woodland
Thoughts on BuyBoxCartel (Hold my Hand Wholesale)
13 October 2024 | 16 replies
He makes the owner an offer where HMH Wholesale takes over their position in the loan (Subject to deal) and the owner walks with $10k (or so) cash.
Shaneese Bailey
Seeking Advice on Flipping a Vacant Lot
12 October 2024 | 12 replies
That’s easier for a buyer to get into the deal, but for the seller it translates into them getting $38,400 for that same land instead of only $25k.The seller could also do a land contract, with essentially the same type of terms as with the owner-financed deal, the difference really being that instead of the seller having just a mortgage lien on the property till it’s paid off, they actually retain full ownership of the land until the contract is paid in full.I would have the seller tell you what they wanna get for it, then tell them you’ll add your fee to it and find a way to make it happen… and then come back a day or two later and tell them that you found a way for them to get their price, for you to get your fee, and for it to still be appealing to potential buyers… Then walk them through the deal, how it’ll work, explain to them how your way is more beneficial for them overall, explain how your way opens up the floodgates of potential buyers now, and most importantly explain to them that doing things deals this way is very common when buying and selling land, and how its really the only way for them to get what they want outta that land 👌If you act like an expert on the subject (or at least more knowledgeable than they are) I promise they’ll most likely just follow your lead because they trust you to get it done.And if they are truly motivated to sell, then they’ll welcome with open arms any creative thinking that will help them get what they want.Good luck!
Rachael Lucas
Introducing Myself- Hi I'm Rachael, Aspiring STR Investor
10 October 2024 | 17 replies
Some might be grossing 7% while 11% is more frequent at other beaches....One can shoot for $30,000/room for oceanfronts with pools for example.
Jyotin Gautam
Question about getting FINDER fees in California from out-of-state realtors
10 October 2024 | 5 replies
HI @Jyotin GautamShort answer is no in Texas Long answer according to the Texas Real Estate Commission " Under the amended rule, a broker could give an unlicensed person a gift of merchandise having a value of no more than $50 and this would not subject the unlicensed recipient to a charge of unauthorized practice as a broker, nor result in a violation of TREC rules by the broker giving the nominal gift."
Shelby McKean
Thoughts on Turnkeys?
14 October 2024 | 31 replies
An important point is that if you didn't do the renovation or weren't on site checking frequently as the property was renovated, you never know how good the repairs done were by the seller or previous owners (this requires a good bit of construction knowledge).
Patrick Goswitz
Purchasing Material For Contractors
24 October 2024 | 139 replies
A contractor violating this law is subject to disciplinary action including possible license suspension.
Kristi Miller
Has anyone started a STR cleaning company (or PM company)?
8 October 2024 | 14 replies
We now have an excellent crew, top notch reviews, and frequent inquiries to join our team.
Joseph Scorese
Exploring Economic Trends in your Immediate Real Estate Market Strategy
8 October 2024 | 0 replies
Tech and AutomationProptech Trends: Automation tools, including property management software, dynamic pricing algorithms, and remote monitoring, can help streamline operations, especially for mid-term rental properties with frequent tenant turnover.Digital Marketing: A strong online presence and effective digital marketing strategies can boost visibility and help you attract mid-term renters.