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22 October 2024 | 8 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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26 October 2024 | 50 replies
It's tough to see your property sit vacant, especially when you've invested in renovations and are pricing it competitively.I feel you should re-evaluate your management company,If they're consistently pushing for lower rents without providing clear reasons or alternative strategies, it might be worth considering a change.
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22 October 2024 | 8 replies
One component of our communication consists of monthly news updates on the portfolio and individual site performance, which are uploaded to our investor portal, including monthly reporting of financials and individual facility performance.
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23 October 2024 | 27 replies
They apparently do not have time to verify permits (under what criteria units were added or that the work was even done with a permit).To the OP, I fear your property will consistently appraise low when obtaining HELOC or refinancing and that a re-appraisal will not reflect what you are seeing of homes being appraised with an agreed upon negotiated selling price.I am not saying this is the way it should work.
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22 October 2024 | 7 replies
Become great at systems and processes because that is really the only thing that makes investing work consistently.
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20 October 2024 | 3 replies
Do you have enough time in these that you can show consistent trends in expenses and vacancy rates?
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16 October 2024 | 13 replies
-Got inspectors who accurately captured the issues with home(s)?
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23 October 2024 | 28 replies
Transparency always wins.3)Make sure to have mattress and pillow protectors, top-notch cleaners that take pictures of every sheet as they lay it before guests get there, and consistent pest control.
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14 October 2024 | 6 replies
The key is to be detailed and consistent in your logging.For our clients, we provide a custom spreadsheet to help track activities more effectively.
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24 October 2024 | 33 replies
Hiring a good property management company who's on top of things, or ensuring you or someone else you hire put aside additional time for property inspections on a more consistent basis.