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22 May 2024 | 30 replies
Here's a PARTIAL list:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Payroll & payroll taxesBusiness income tax preparation and paymentsLabor: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why taking so long, and more & more & more...
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19 May 2024 | 1 reply
Looking for advice on what reputable scratch/ding stores or similar type places in Philadelphia sell 24 inch wall ovens.
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21 May 2024 | 44 replies
Based solely on my experience, I recommend them as a reputable lender.
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20 May 2024 | 17 replies
It takes time to build up the reputation, even in a popular area like Sedona.Sedona does have a ton of STRs but it sees in the neighborhood of 5m visitors a year so I wouldn't worry too much.Getting on VRBO is a must IMHO.
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18 May 2024 | 19 replies
I think it developed some sort of reputation for being "haunted", and folks reserved a stay there for that reason.I built a new cabin in its place, and so far, no ghost tales
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19 May 2024 | 24 replies
Given this is your first investment endeavor, I would highly recommend going with an experienced and reputable management company that will mitigate your risk when the not-so-fun parts of property management arise.
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17 May 2024 | 10 replies
NO reputable lender asks for funds upfront besides appraisal fee.Have heard MANY horror stories related to upfront fee lenders and it rarely ends well.
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18 May 2024 | 5 replies
If you go with the new I’d really look into the reputation of the builder and see if you can get some references and then contact them and ask questions about anything and everything you can think of.
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18 May 2024 | 9 replies
I am new to the industry but am focused on long term goals and wanting to build a team of reputable individuals where we can all bring each other value and make some great money together.
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20 May 2024 | 35 replies
If you're committed to active investing, the easiest place to start is often finding a reputable turnkey seller, perhaps even one who operates in several markets.