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Results (10,000+)
Gabe Bouldien Help needed on possible rental property purchase
6 June 2024 | 2 replies
That would free up $35K to use for renovations of another DP on another REI.That should still allow you to cash flow while savings funds and staying cash fluid.   
John McKee Tenant behind on his rent
8 June 2024 | 16 replies
You're missing the forest for the trees.Sure, it'll cost you to go after them.
Leslie McIntosh Guidelines for owners without a RE license holding open houses in Texas?
10 June 2024 | 8 replies
You could also allow a Buyer's agent in your community to hold an open house on your behalf, usually at no cost, because Buyer's agents need buyers too.
Brett Riemensnider How to start out on a BRRRR
8 June 2024 | 3 replies
I worry that taking on more myself and figuring it out as I go will take longer and end up possibly even costing more than hiring it out.
Sam Schlosser Investing in a friends deal
9 June 2024 | 7 replies
One ended up in court costing close to $30,000 and the second involved a lengthy process with the banks lawyers and mortgage team to get the partner off the mortgage when they went AWOL and didn’t uphold their part of the deal.
Dillon Ramsey Billboard advertising cost
4 June 2024 | 2 replies
Hello,Does anyone know the average cost for billboard rentals?
Ginger Carr Has anyone used Azibo? Suggestions for collect rents?
9 June 2024 | 14 replies
If you have any further questions or if there's anything else we can assist you with, please feel free to reach out to us.Thank you! 
Tim Boeving Short term rental management
6 June 2024 | 9 replies
I typically have enough time to do this myself but also value my free time with family.
Tyson Scheutze The Price of Property Management
8 June 2024 | 1 reply
These are some of the ways the clients could be affected by property managers who are not prepared: Extended VacanciesInadequate marketing strategies and tenant screening processes can result in prolonged vacancy periods, translating into substantial lost rental income.High tenant turnover due to poor resident relations further exacerbates vacancy losses.Inadequate Maintenance and RepairsNeglecting preventive maintenance and delaying necessary repairs can lead to accelerated property deterioration and higher long-term repair costs.This can also negatively impact tenant satisfaction, contributing to higher turnover rates.Legal and Compliance IssuesLack of knowledge or disregard for landlord-tenant laws and regulations can expose investors to costly legal disputes and penalties.Failure to properly handle security deposits, evictions, or fair housing practices can result in significant financial liabilities.Ineffective Financial ManagementInaccurate budgeting, expense tracking, and financial reporting can lead to uninformed decision-making and missed opportunities for cost savings.Failure to optimize tax strategies and leverage available deductions can further reduce net returns.Diminished Property ValueInadequate maintenance, high vacancy rates, and poor tenant screening can negatively impact a property’s perceived value and appreciation potential.This can significantly affect the long-term return on investment when it comes time to sell the asset.While a 10% management fee may seem reasonable for a well-performing property manager, the cumulative impact of mismanagement can quickly escalate the effective cost to investors, potentially outweighing any perceived savings on the management fee itself.
Jesus Mendoza Development SFH to Multiple Units
7 June 2024 | 5 replies
I can assist you with some questions that need to be answered such as credit score, experience, And do he has down pay when are you and your client free to chat so we can get to the closing table feel free to message so we can continue