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12 March 2024 | 4 replies
Screen tenants - Implement thorough tenant screening processes to minimize risk of vacancy and potential rental income loss.4.
13 March 2024 | 19 replies
@Michael Baum @Bruce Woodruff are right you would really benefit from receiving and implementing professional advice.
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11 March 2024 | 0 replies
Hello, are there any property managers in Ohio dealing with section 8 tenants that are willing to implement some of what Joe Asmaoah has done.
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13 March 2024 | 55 replies
Will definitely be implementing this soon.
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9 March 2024 | 2 replies
I came across the Carbon Neutral Growth Fund (https://cn.fund/)which is looking for investors.
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10 March 2024 | 8 replies
I need to better implement some sort of compensation for future bookings.
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10 March 2024 | 5 replies
We face a dilemma as we embark on this venture with a clear business perspective, committed to implementing best practices in property management from the start, including engaging professional property managers.
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9 March 2024 | 17 replies
Maybe they are implementing a broader set of data points.
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9 March 2024 | 21 replies
I would highly recommend implementing this investment strategy first so you can dip your toes into real estate before trying to tackle a BRRRR deal.
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8 March 2024 | 1 reply
As a Cap Rate is indicative of the risk involved in owning the property, you want to focus on doing things that make your investment less risky if a bank ever had to take over.You can make your investment less risky by doing some of the following things:- Convert all month-to-month tenants to annual leases- Implement strict minimum rental criteria- Add security cameras- Make large capital and preventative improvements (fix drainage issues, install water pressure regulators, replace old HVACs...you get the picture)- Essentially, prove with action that you are caring for the property on a long-term basisThe only way this is effective is if you document everything you are doing as well.