15 January 2023 | 7 replies
Not to mention: politics, very anti investor friendly owners in buildings, special assessments, lack of pride in surrounding units and aesthetics, and so on.
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7 November 2017 | 19 replies
I pay between $65-$75 per turn (they all have outdoor hot tubs, the $75 property has 2 additional indoor HUGE soaker tubs, so it's extra).2 1-bed/1-baths that run me $55 a turn (both have outdoor hot tubs)All turn an average of 2-3 times per week give or take on the busy monthseach clean includes: obviously, cleaning (as mentioned in some of the previous posts, does not include deep cleaning tasks such as baseboards), emptying, sanitizing, and refilling of the outdoor hot tub, taking away and washing the used sheets and towels and replacing them with clean ones, taking the trash to the dump, replacing trash bags, toilet paper, paper towels, cleaning the grill and inside of microwave, putting away clean dishes (we ask guests to put all dishes in dishwasher and run it on the way out).We charge the cost of the cleaning to the guests so it does not come out of our pocket (as I am sure most do)@Julie McCoy I'll hook you up when the time comes ;)
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27 January 2021 | 3 replies
As you or your team are being tasked with assignments, the progression from generating quality leads, turning those leads into opportunities, converting opportunities to offers, closing offers to assignments or purchases, and then offering those assignments and purchases to deals for buyers it can be complicated unless you have a system in place both operational and automated to manage it in a systematic manner.
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14 January 2023 | 5 replies
Consider factors such as the size and condition of the property, as well as its location and any amenities it offers.Create a budget: Determine how much you can afford to spend on a property, and make sure to factor in all of the costs associated with owning and maintaining a rental, such as property taxes, insurance, repairs, and management fees.Consider hiring a property manager: If you don't have the time or expertise to manage the property yourself, you may want to consider hiring a property manager to handle tasks such as finding and screening tenants, collecting rent, and handling maintenance and repairs.I hope these tips are helpful as you begin your journey into real estate investing!
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14 January 2023 | 0 replies
It was hard to handle the personal confrontation, so I look forward to outsourcing property management tasks when we can work it in to a cash flowing property.
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19 December 2022 | 6 replies
You mentioned STRs--STRs are illegal in many parts of SLC (but I don't know about their status in Provo), and it's probably pretty likely that most apartment complexes have anti-STR arbitrage clauses in their leases (though, that's just an assumption).I'd suggest connecting with an experienced investor-friendly agent who knows the market, and also a good mortgage broker who can advise you on your financing options (I work with an excellent agent & mortgage broker in SLC--DM me if you'd like their contact info).IMO, house hacking is the best way for new investors to get their start for a long list of reasons.
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16 January 2023 | 0 replies
We both had different things going and we were about to welcome a new baby so staying on task and schedule could have been better Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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3 September 2022 | 3 replies
I am looking to set a reminder/checklist of tasks that my property management team needs to do every year to ensure the property stays up to date.
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31 January 2019 | 4 replies
We like to self manage our rentals and not use a property management company however need assistance with this recurring task on properties that are out of state.
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11 May 2022 | 3 replies
And Berkeley remains very anti-small landlord.