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23 May 2024 | 35 replies
Further, if a buyer has a great reputation, strong financial statement, and is just temporarily cash short, I’d consider selling a property I own to him for “nothing down”.
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22 May 2024 | 30 replies
Here's a PARTIAL list:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Payroll & payroll taxesBusiness income tax preparation and paymentsLabor: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why taking so long, and more & more & more...
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20 May 2024 | 6 replies
I am ready to start acquiring turnkey properties with long-term rentals in mind and am currently seeking recommendations for reputable turnkey providers across various areas in Florida.
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18 May 2024 | 10 replies
Good morning, I have a pretty reputable contractor that I have a bid with on a project and I asked him if I can buy my own materials which would save me on the mark-up.
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20 May 2024 | 32 replies
For paint let them buy the paint from one of the good suppliers since painting pros get discounts and you want good paint and all the same color.
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19 May 2024 | 1 reply
Looking for advice on what reputable scratch/ding stores or similar type places in Philadelphia sell 24 inch wall ovens.
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21 May 2024 | 44 replies
Based solely on my experience, I recommend them as a reputable lender.
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20 May 2024 | 17 replies
It takes time to build up the reputation, even in a popular area like Sedona.Sedona does have a ton of STRs but it sees in the neighborhood of 5m visitors a year so I wouldn't worry too much.Getting on VRBO is a must IMHO.
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18 May 2024 | 19 replies
I think it developed some sort of reputation for being "haunted", and folks reserved a stay there for that reason.I built a new cabin in its place, and so far, no ghost tales
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19 May 2024 | 24 replies
Given this is your first investment endeavor, I would highly recommend going with an experienced and reputable management company that will mitigate your risk when the not-so-fun parts of property management arise.