Sean Haran
Looking for property management recommendations in Columbus
21 May 2024 | 11 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Barbara S.
Tenant leaves front door open
21 May 2024 | 41 replies
Hoping these 2 others may have some sort of experience in this area and can help me get him out.
Brooke Dyer
Investing in Residential Construction?
21 May 2024 | 8 replies
Let's kick off this discussion— if you've ventured into residential construction investments, could you share which market you're in, your experiences or challenges, and any advice for newcomers?
Bryce Muller
Finished my first project, what’s next?
22 May 2024 | 2 replies
My issue: Even with a college degree, entreprenurial experience, and project management I can’t seem to break in after 5-6 months of applying.
Steve Riester
I need help finding funds for first BRRRR
21 May 2024 | 21 replies
It doesn’t sound like you have any experience.
Nihoa Kaonohi
College student looking to make connections
21 May 2024 | 1 reply
I want to utilize my time in learning and if possible gain experience through the help of this great community.
Veronica Calvillo
looking to newtwork with like-minded people
21 May 2024 | 20 replies
I have yet to make my first deal and tend to get discouraged so am looking to connect with someone who has some experience to see how we can help ea other.
Coty B Lunn
Managing Investment Properties: With or Without a Property Manager
18 May 2024 | 2 replies
Let's explore some effective approaches for managing investment properties:With a Property Manager:Screening and Selecting Tenants: Entrust your property manager to handle tenant screening, background checks, and selection, ensuring reliable renters for your investment.Rent Collection: Property managers can ensure timely rent collection and handle any late payments or lease violations professionally.Maintenance and Repairs: Delegate routine maintenance tasks and repairs to your property manager, who can coordinate with contractors and vendors to keep your property in top condition.Tenant Relations: Property managers serve as the primary point of contact for tenants, addressing their concerns and ensuring a positive rental experience.Lease Enforcement and Evictions: Trust your property manager to enforce lease terms and handle the eviction process if necessary, following legal procedures.Financial Management: Property managers can handle financial tasks such as budgeting, accounting, and financial reporting, providing you with regular updates on property performance.Without a Property Manager:Self-Management: Take on the responsibility of managing the property yourself, handling tasks such as advertising vacancies, screening tenants, and collecting rent.Outsourcing Specific Tasks: While not hiring a full-time property manager, consider outsourcing tasks like maintenance and repairs to trusted contractors or service providers.Utilizing Technology: Leverage property management software and online platforms to streamline processes such as rent collection, lease management, and maintenance requests.Establishing Clear Policies: Set clear policies and procedures for tenants regarding rent payments, maintenance requests, and lease terms to minimize conflicts and misunderstandings.Regular Inspections: Conduct regular inspections of the property to identify maintenance issues or lease violations early on and address them promptly.Building Relationships: Maintain open communication and positive relationships with tenants to foster a sense of community and encourage better care of the property.Whether you choose to hire a property manager or manage the property yourself, effective communication, attention to detail, and a proactive approach to property management are key to maximizing returns and maintaining the value of your investment.
Nathan Grubb
Electric Stove/Oven Recommendations?
22 May 2024 | 18 replies
From my own experiences cooking on both, a gas stove heats up an area significantly more than an electric one.
Erin Spradlin
Success with niche sites? (Insurance, Traveling Nurse, CHBO)
20 May 2024 | 9 replies
Curious to know what insurance sites have been effective for you & what statr are you located in?