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Results (4,658+)
Laura Casner Member percentage interest in condo used to calculate sq ft - Doesn't match actual
18 February 2025 | 8 replies
We are now feeling stuck, already pretty far in motion with an expensive build out and also considering how pushing it will effect the relationship with the landlord.  
Jeremy Beland The hard truth about sales in wholesaling & off-market acquisitions
11 February 2025 | 2 replies
Solve their problem, and you’ll get paid.5️⃣ YOUR APPROACH IS STALEAre you just going through the motions?
James Wise Clayton Morris / Morris Invest House of Cards starting to fall.
11 February 2025 | 1681 replies
:Originally posted by @Matthew Olszak:MI filed their replies to the responses to the 2 motions to dismiss last week: https://docdro.id/LQRzT7zScanning through it, pretty much more of the same as what's in their motion
Brian Kohtz First Rental Tax Implications
6 February 2025 | 9 replies
Now off to find a tax professional and get things in motion before it's too late.  
Britt Abbey Coin-op Washer Dryer Usage - Unexpected
5 February 2025 | 15 replies
Or someone went camping and got rained out and had to put everything in the dryer when they got home.There are some really cheap motion sensing cameras these days- it might be worth setting that up.
JC Wu Roofstock review. NEWBIES BEWARE!!
9 February 2025 | 173 replies
Perhaps residential rental is a dirty business no matter what market you're in and how long you've been in.Funny how both you and @Charles Kao mentioned the word "greedy." haha,Thanks mate and I appreciate it.It's not just the turnkey operators that should stay local but more so the marketing companies and sales channels selling turnkey properties.They put their name/brand behind too many markets and they usually ruin it within 24 months.Their have been so many instances of this happening over the years (I won't mention any names but they are all known and well talked about on for forum).Only very few are still alive that work in multiple markets but even they had many setbacks and lost face on multiple occasions and in multiple markets.As I mentioned in my prior comment, it's hard enough doing a good job in just one market lolRoofstock isn't a turnkey company by the way.They are more of a tech platform.VC's gobble that stuff up.Not sure if Roofstock has any IP with their tech but if they do, it doesn't look like anything fancy or that can't be easily replicated IMO.VC's are very hot lately on real estate tech so I'm sure Rooftsock will be able to raise more capital if needed and expand further.Business these days has become more about raising capital, spending it, raising more, spending it and then hopefully getting a high enough valuation for some of early investors (Series A for example) to sell and make a high ROI.I like the old fashioned way of doing business lol.It's called "Growing revenue and profit every year and never loosing or borrowing money".Yep, you call me "An old dog" business owner I guess lolThe market is full or "Wantrapreneurs" these days and not many true entrepreneurs.Anyway, back to turnkey lolTurnkey companies don't need to nickel and dime on PM because they make their margin on the sale and not necessarily on the PM.Don't get me wrong, they will still make their money on the PM side but they will also cover a lot out of pocket themselves.Most of us want our clients to be happy and to buy more so we go above and beyond for them during the after sale process.Even if it means putting our hand in our own pocket sometimes.12% is high for PM but not unusual.We charge 10% and for some lower class properties we charge 12%.PM is a ****** business mate and you only start seeing something come from it after you manage around 300 units.It's usually a **** show for the first 3-4 years lolPM is a thankless job mate and tenants will always complain and post bad reviews no matter what.As long as their aren't many bad reviews from landlords, that's what matters most when judging a PM company.Here is a tip for you.Any PM with reviews of 4 stars or better on Google is doing a very very good job.Even 3.5 isn't bad.3 stars is borderline IMO (Make sure to check them out to see if any landlords are posting complaints).You can't win with contractors mate.It's a non stop cycle of "hire and fire".It's just a cost of doing business in this line of work.Thanks mate and much successEvery time I see "mate" I can't help think of that Youtube video of slow-motion kangaroo streetfight in a quiet Australian neighborhood with classical music in the background.
Chris Seveney Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
That’s IF the lender decides NOT to pursue a strategy of bankrupting the borrower by filing a ton of paperwork, motions, requests for information, etc.  
Michelle Wang Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
However, a court lawyer assisted the non-paying tenant in filing a "motion to allow late answer and discovery" and accused me of retaliation because they reported me to code enforcement.
Charles Evans New House Hacker
22 January 2025 | 13 replies
Look for somebody who doesn't have all the bells and whistles(fancy van with wrap, marketing, uniform) because you will be paying for that overhead if you do.
John Friendas LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
THIS WILL NOT need to be disclosed on any future applications (URLA or Uniform Residential Loan Application) as this is NOT your debt!