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4 February 2024 | 6 replies
Can anyone recommend an attorney who can handle eviction/ejectment of squatters in Lacey-Olympia, WA area? How much is the whole process normally cost?
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7 February 2024 | 5 replies
Hi Jack, I’ve currently got 25 units and it takes me about 4 hours per month to manage the banking/rent aspect of them, usually less than 2 hours per month to deal with the tenant issues and because I take it seriously and live close enough to all my properties to be able to visit them frequently I spend about 2 hours per week visiting each of them once (unless there’s a problem at one or more of them which isn’t often) for a total of 8 hours a month.
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7 February 2024 | 5 replies
LOL Do homeowners who get work done have that many issues, too?
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6 February 2024 | 8 replies
A lot of calls come in for furnace and A/C issue.
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8 February 2024 | 24 replies
When you are investing in these lower income markets, you may have more issues with "cash paying" vs subsidized.
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7 February 2024 | 9 replies
You will have a higher risk running into DTI issue that route as well.
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7 February 2024 | 16 replies
thanks,Pat I'm a bit late to the party here so my apologies.Had a great call with @Drew Sygit about a similar topic.Wealth of knowledge from Drew and if you are still looking at starting a PM business, highly recommend you connect with him if he is available 😁100% agreed with @Nathan GesnerWe started PM in Toledo as a subsidiary to our turnkey outfit.Took us 5+ years to figure S#@% out lolSo definitely start "1 by 1" unit per se and grow organically.We are at a point just now where we are looking to scale via M&A.And that is only because I feel that we have reached our peak when it comes to generating organic leads.We get regular lead form opt ins and calls to our office.Literarily "monopolized" Google with SEO and our good reviews so there isn't much else to do IMO.Only issue I see is we aren't looking at expanding out of city and will stick with Toledo for now.Which will limit us in terms of expansion.Much success and all the bet with your business
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6 February 2024 | 1 reply
However, I still want to minimize potential issues, especially when it comes to hiring a real estate agent.I bought my primary residence back in 2022, but the real estate agent I dealt with wasn't particularly helpful in my opinion.
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6 February 2024 | 12 replies
I wanted to do a quit claim deed in a similar situation and my attorney told me exactly what you said "Why bother with a quit claim deed when you can issue a warranty deed?"
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6 February 2024 | 6 replies
Usually one would think that Tenants are were the liability and issues arise and although there will be issues there, they are all quite simple to handle however, owners can certainly get you in trouble from a liability standpoint.