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29 December 2024 | 17 replies
We along with our clients use conversational AI for follow up as well as handling leads after hours and on weekends.
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8 January 2025 | 11 replies
Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.
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9 January 2025 | 16 replies
@Erik Estrada is absolutely correct that working with a broker usually leads to a better rates and fees.
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8 January 2025 | 34 replies
Some areas have higher crime rates and lower tenant quality, which can lead to more management headaches and higher vacancy rates.
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29 December 2024 | 3 replies
I just reveled at a companys lead strategy that lead from the website directly to whatsapp.
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12 January 2025 | 12 replies
A property qualifies as Homestead for this exemption if an eligible owner files a Principal Residence Exemption (PRE): https://www.michigan.gov/taxes/0,4676,7-238-43535_43539-210891--,00.html#:~:text=Section%20211.7cc%20and%20211.7,purposes%20up%20to%2018%20mills.Many investors have gotten an ugly surprise when they bought a property that was a primary residence of the seller for the last 20 years.
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1 January 2025 | 4 replies
I wrote the above for informational purposes.
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3 January 2025 | 18 replies
I'm trying to avoid having to use a PM for cashflow purposes yet the only LAIC I can find will only do it if the property has a PM.
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1 January 2025 | 27 replies
Not sure what they purpose is if there's only 1 for 2-4 players . . .
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5 January 2025 | 8 replies
(Foundation, etc)4) Black mold, asbestos, lead paint, other other costly repairs. 5) It need significant cosmetic repairs where the purchase price just isn't worth it. 6) They may have an odd layout of the rooms. 7) Non-compliant septic.8) Trouble with permits or tenants9) Listing agent has a poor or incorrect listing.