14 June 2024 | 3 replies
Hello:Could someone please recommend rental management portals that you have used or use to securely store your tenants sensitive documents like passport?
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16 June 2024 | 23 replies
Keep in mind all measurements for storage are relative.
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14 June 2024 | 3 replies
Will be moving but looking for a property manager to manage SFHs in the Rhodes Ranch area.
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16 June 2024 | 1 reply
I have spent the last 8 years co-managing a small remodeling LLC, and have an primary background in project management, client coordination and admin communications/support.Â
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14 June 2024 | 3 replies
Hello, I am employed full time as a Commercial Property Manager.
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14 June 2024 | 13 replies
Currently, my husband and I manage four Airbnb listings.
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14 June 2024 | 4 replies
Travel Expenses: If you travel to your rental property for maintenance or management, those expenses may be deductible.4.
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17 June 2024 | 14 replies
A reputable and experienced property management company will often present additional terms that require the tenant to obtain renters insurance and that the landlord be named as an "additional interest" on the policy.
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19 June 2024 | 18 replies
Hey mate,Thick skin is needed on this forum and in business in general 🤷‍♂️I just posted something similar on another thread and the best advice I can give is spending enough time finding the right people on the ground before looking at the prospect of a market or a deal.Especially when doing BRRR out of state which is a very tough gig IMO.You can find the best market, with the best growth potential, find the best deal with the best cashflow but if your realtor isn't genuine, your property manager is incompetent and your contractor is a cheat.You will loose money.Also, underestimate your income and overestimate your expenses on every deal and business opportunity.If you think it won't happen to you, I can tell you right now that it unfortunately will...I've completed hundreds of flips and rarely come in at budget from a rehab standpoint.So keep that in mind.Appraisers are a joke and easily manipulated.They follow weird data and many want to cap you intentionally (No idea why...) on the ARV.They play it safe and can see how much you paid and what you spent on rehab so they will cap the value and come in under fair value on many appraisals.I stopped dealing with selling to investors looking to finance many moons ago as it wasn't efficient from a business perspective and I'm not in the business of using "in-house" lenders and manipulating appraisals like many others do.Â
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17 June 2024 | 2 replies
There will always be more risk with something vacant, you're probably going to be counting on one person as your "eyes" on the project (or at least for "security", overall)- and the more hands on/ closer they live / able to visit site frequently, the better. whether that is your gc, a project or property manager, or your handyman/even yard maintenance guy, neighboring teenager, or whoever- this person is key