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12 September 2024 | 0 replies
Mitigation Strategy: Cost-efficiency improvements such as energy-saving upgrades or negotiating better service contracts to reduce operating expenses.
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14 September 2024 | 32 replies
Whether you're an experienced investor or just starting, having a reliable and efficient property manager can make all the difference in the success of your rental properties.Here are a few key traits I've found important, but I'd love to hear your insights and experiences:- Communication Skills- Organizational Abilities- Knowledge of the Local Market.- Problem-Solving Skills- Proactive Maintenance- Financial ManagementWhat other qualities do you think are essential for a property manager?
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17 September 2024 | 68 replies
I say, you gave it a good go so listen to yourself and devote your energy to discovering your "Happy-REI" plan.
11 September 2024 | 9 replies
You can also consider increasing your deductible to lower the premium, assuming you have enough reserves for emergencies.Energy Efficiency Improvements→ If you cover utilities for your rental properties, look into energy-efficient upgrades (such as LED lighting, better insulation, or energy-efficient appliances).
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13 September 2024 | 2 replies
If you're goals are not putting up the 25% capital, focus your energy and priorities on what your goals and priorities are.
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13 September 2024 | 7 replies
What was the most efficient way to dealing with the transition?
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14 September 2024 | 12 replies
Properties within driving distance offer several advantages:Hands-on management: You can personally handle issues like maintenance, repairs, and tenant interactions, which is invaluable when you're learning the ins and outs of rental management.Cost efficiency: Without needing to rely on a property manager from the start, you’ll save on fees.Faster response time: Being local means you're close enough to address emergencies or inspect the property as needed.Starting with a nearby property often leads to a smoother learning experience.
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15 September 2024 | 61 replies
You're not purposefully causing the sun to expend energy on the home.
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12 September 2024 | 4 replies
I get the the post card route is way more efficient from a time perspective (although at twice the cost), but really wondering about response rates.
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18 September 2024 | 67 replies
Its common place and I just dont have the time to combat the bad reviews or expend the energy.