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11 January 2025 | 12 replies
Verify credit, employment, etc for you. 6) I would definitely want noise (quiet hours), guests, and treatment of common areas covered. 7) We've used Rent Manager as it focuses more on the financials which I think is super important.
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22 January 2025 | 5 replies
., job relocation).
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14 January 2025 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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18 January 2025 | 2 replies
Good with Their CrewOn bigger jobs, a contractor is basically the team captain.
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13 January 2025 | 23 replies
The most useful switch I made was from a vendor who kept insisting the water was fine (it wasn't and no, the chemicals didn't just need more time) to a true pro who doesn't gouge us for maintenance and does a consistently great job.
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16 January 2025 | 15 replies
Sales comparison A common method that compares the property to similar properties nearby and their relative prices.
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23 January 2025 | 9 replies
I heard when you're young, it's the best time to take risks, at job that might pay less, but offers knowledge, experience, and growth.
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17 January 2025 | 6 replies
I think it's probably less common here but I've often wondered about how difficult it would be to convert a detached garage, etc. on a property from a legal standpoint.
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18 January 2025 | 1 reply
💹*Reminder- The Pearl Development is predicted to create over 11,000 jobs in Mecklenburg County within the next 10 years & will be both a medical education institution and an international headquarters.
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24 February 2025 | 21 replies
Having a dedicated person whose job is to find and negotiate deals that match your goals can help you scale much faster.