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17 September 2019 | 1 reply
A positive result of having to juggle all these items (and a business as part of my career) is that I have been able to develop systems/software that now streamline certain aspects like payment, pre screening, showings, etc.
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18 October 2019 | 70 replies
Did you have to find a property manager, did the property already come with one, or are you planning on managing from afar with software?
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25 September 2019 | 9 replies
I had up to around 70 units before switching to a full property management software (I was managing all of my own properties at that point so the transition made sense).
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23 September 2019 | 31 replies
To clarify that means that they are not usually shopping your policy to all carriers like many people think they are, it is simply not feasible and no software exists that lumps every carrier together because that would work against the control the carriers have over their products and pricing.
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20 September 2019 | 7 replies
You can also buy lists from companies like list source and there are some REI software companies that have a cash buyer search feature.Best way to find motivated sellers is to purchase lists and compile lists from city and county for 60-90-120 days late on mortgage, pre-foreclosure, delinquent taxes, water cutoff, code violation, probate, divorce, high equity, etc. and mail or cold call.Other methods are driving for dollars, door knocking, wholesalers, craigslist, Realtors, FSBO sites, expired listings, foreclosure sites, put out bandit signs, billboards, newspapers, other offline publications.If you have the funds you can run TV commercials, do pay per click/adwords, facebook, Linkedin, Youtube, and other forms of online advertising and social media postings.Bottom line is consistency.
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19 September 2019 | 7 replies
I also spend a lot of time working on my software that helps us run our business.
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18 September 2019 | 0 replies
Would anyone know of a Software or other method to get that?
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20 September 2019 | 6 replies
You can also buy lists from companies like list source and there are some REI software companies that have a cash buyer search feature.Best way to find motivated sellers is to purchase lists and compile lists from city and county for 60-90-120 days late on mortgage, pre-foreclosure, delinquent taxes, water cutoff, code violation, probate, divorce, high equity, etc. and mail or cold call.Other methods are driving for dollars, door knocking, wholesalers, craigslist, Realtors, FSBO sites, expired listings, foreclosure sites, put out bandit signs, billboards, newspapers, other offline publications.If you have the funds you can run TV commercials, do pay per click/adwords, facebook, Linkedin, Youtube, and other forms of online advertising and social media postings.Bottom line is consistency.
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20 September 2019 | 7 replies
I will say, it could be worth considering a shot at an actual software solution built for DIY landlords (1 - 15 units) that helps you to automate your own rental process (ie. compared to other tools, one that helps you to actually build a single listing and syndicates it to 10+ major listing sites, allows you to schedule showings, provides you with super thorough tenant screening options, online digital leases which can be customized and help you by breaking out those fees, automated maintenance tracking, and fast rent collection which also offers your tenants the ability to report their positive on-time payments to the major credit bureaus; just another positive reinforcement/added incentive to get them to make those payments on time).
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25 September 2019 | 4 replies
.- Your fuel bill in your car and maintenance will go up as you will be on the road a lot more.Other costs that you could incur:- Signage- Dialers- Additional specialty certifications- Additional training- Advertising- Setting up you LLC,PA or PLLC- Accounting softwares- OthersYou may be able to delay some of these by leveraging folks in your brokerage to lend you signs and help you market your Open Houses and such until you start getting your own listings.