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17 January 2024 | 0 replies
The Millionaire Real Estate Investor by Gary KellerThis book is a gold mine of insights from one of the most successful real estate investors in the world.Keller shares his proven strategies for building wealth through real estate, focusing on market cycles, mindset shifts, and the power of teamwork.It's a motivational kick in the pants, urging you to dream big and take action to achieve your financial goals.Bonus Picks for the Savvy Beginner:The Book on Rental Property Investing by Brandon Turner: Dive deeper into the world of rental properties, learning how to find profitable deals, manage tenants, and maximize your rental income.Flip Your Future by Josh Dorkin: Interested in the exciting world of house flipping?
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31 December 2023 | 2 replies
These KPIs function as vital measurements, tracking our progress and highlighting areas where we may improve.Keep an eye on the following KPIs:Leads and Leases: Tracking the number of leads generated and the conversion rate into signed leases allows you to evaluate the effectiveness of your marketing and leasing tactics, assuring a continual supply of new residents.Renewal Rates and Lease Trade Out: Monitoring the percentage of lease renewals and lease trade-outs (residents upgrading or downgrading units) provides insight into resident satisfaction as well as the opportunity to maximize rental income through optimal lease terms.Occupancy - Physical & Economic: Tracking both physical (actually occupied units) and economic occupancy (rental income collected) helps monitor general demand, pricing strategy, and the property's financial health.Current and Past Due Delinquency: Tracking the percentage of current and past due rent payments is critical for cash flow management and spotting potential collection issues or the need for lease enforcement.Work Orders and Reviews: Tracking the volume and timeliness of work orders, as well as resident reviews and satisfaction ratings, assists in determining the quality of property management and maintenance services offered.Actual vs.
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20 February 2023 | 7 replies
Rancho Cordova may include Gold River, or not depending on which side of Sunrise Blvd you are searching and then the neighborhood's assigned high school would be different.
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21 December 2022 | 15 replies
Meaning if you let that money sit, it will absolutely grow over time.I'm all about diversification, so my vote is don't touch that 401k with a 10 foot pole.Imagine getting to retirement with your $2.5M in real estate, your fast food franchise, some other real estate you buy along the way, your 401k, a Roth IRA, some dividend paying stocks, and a little pile of gold and silver.
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21 September 2016 | 4 replies
The podcasts are a gold mine.Connect with me anytime.
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17 January 2024 | 15 replies
It's why if a good cleaner is found you hang on to them for everything and treat them like gold!
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17 January 2024 | 3 replies
Tenant screening is a vital and intricate part of this process, and in this informative blog post, I'll share valuable insights into how I, as a seasoned and dedicated property manager, assist landlords in conducting thorough and effective tenant screening.Thorough Application Process:The initial step in the tenant screening process involves the creation of a comprehensive rental application.
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22 May 2016 | 15 replies
Same thing with property held in an LLC, S corp, or even personal assets stuck in your safe such as gold bullion, etc.
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28 June 2021 | 2 replies
And if you have any comments or additional gold nuggets you want to share, please feel free to do so below.Happy Investing!
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4 March 2008 | 15 replies
It's vital for them to talk to you now.You can screen for motivation when you get them on the phone.