Lease states a $25 late fee if not paid by the 5th of the month. Last month a young couple with 2 month old baby paid late. Very late. I was lenient. Why? Because on a hunch I looked at public records and saw that the...
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How is your follow-up process to maintain communication with the guest: before, during and at the end of their stay? I listen to your advice.
By the way, do you have automations for this or everything is done dire...
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My wife and I door knocked last Saturday. A few days later we got a very receptive response from an owner who we had left a brochure at the door. They were interested in getting a cash offer. The next day all communic...
I read all the posts on crowdfunding and decided to take the plunge about 6 months ago.I made the minimum investment of $5000 on a small fix and flip in Jersey .It was to pay 12% and the builder would pay back princip...
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Hey guys,I just closed on my first duplex and the roof is pretty outdated (20 years old). It is in working condition but has a leak and should be replaced - I want to replace it for personal peace of mind and insuranc...
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Hello,
We have a rental home (was our personal home) and hired a management company to professionally manage. Per our lease agreement our tenants were to provide a 60 day notice and our management company sold us on ...
Investment Info:
Condo buy & hold investment.
Purchase price: $87,200
Cash invested: $38,135
$87.2k for a 1br/1ba, $1,400/month rent, $371/month cashflow. 25% down, 4.375% interest rate (no point...
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If a tenant calls on Christmas eve or Christmas do you answer the phone ?
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My business partner handles the day to day operations of our rental property business, and I have been finding it fascinating lately how much more responsive tenants are to texts than phone calls. Have any other l...
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We had several days of single-degree temperatures here in Connecticut this past week, and a squatter broke into the basement of an 8-unit apartment building that we manage. The squatter(s) found a point of obscured v...