Marco Santarelli

JUNE 4, 2021

It is not enough to determine how you’ll find and afford to buy properties. How much does it cost to perform various renovations, and how will you keep costs down without sacrificing quality? Don’t build a business plan that relies on you working for free to renovate properties. How will you market them?

Renovation 107

Renovation Property Management Investor Hard money loan 107

Realty Biz

DECEMBER 15, 2023

Factor in the cost of renovations or necessary repairs when calculating the overall investment value. A well-maintained property attracts quality tenants and minimizes the risk of unexpected expenses, contributing to a more stable and profitable investment.

Property Management 97

Property Management Due diligence Investor Finance 97

Marco Santarelli

FEBRUARY 11, 2023

Definition of Turnkey Real Estate Investment Turnkey real estate investment refers to a type of real estate investment where the investor purchases a property that is ready for rental use, without any further improvements or renovations needed. These properties are typically single-family homes located in remote locations.

Property Management 92

Property Management Investor Renovation As-is 92

Marco Santarelli

OCTOBER 5, 2024

These investment gems can simplify the buying process and provide immediate returns without the usual headaches associated with property management. Let’s explore why these properties are becoming a favorite among first-time investors and how they work. What Exactly are Turnkey Properties?

Investor 52

Investor Purchase and sale agreement Property Management Renovation 52

Realty Biz

FEBRUARY 2, 2022

It offers an integrated dashboard that segregates information of all properties on one interface, easing analysis and their surveillance. Similar to Avail, it also enables property management , rental accommodation application surveillance, lessee screening, and related finance management. TurboTenant.

Commercial 93

Commercial Property Management Finance Inspection 93

A Student of the Real Estate Game

MARCH 10, 2020

Many multifamily operators (Atlas included) utilize 3rd party property management to oversee the day-to-day management of their properties. You can maintain a lean team, utilize the resources of a large institutional management firm, and make a change if they’re not performing up to your standards.

Property Management 40

Property Management Inspection Renovation Branding 40

Kyle Handy

JANUARY 18, 2023

Your initial investment includes the amount of money put down at purchase and any additional costs associated with closing and preparing the property for tenants. Additionally, investors should factor in any renovation costs, including materials and labor, to arrive at an accurate number. Rehabilitation/renovation costs.

Property Management 88

Property Management Renovation Investor Closing costs 88

GeekEstate

JULY 14, 2022

The main purpose of the app, which may be obvious from its name, is to give people an easier way to buy homes, renovate them, and then sell them to others at a significant profit. The platform combines the management and marketplace aspect of single-family rentals, that normally were serviced on an individual basis.

Technology 122

Technology Investor Property Management Renovation 122

Marco Santarelli

APRIL 9, 2024

This is the fact that rental property investing is a passive route to real estate ownership. Yes, rental property investing lets you own property without being actively involved in the process. The developer does all the renovation and the property management company manages the property on your behalf.

Due diligence 98

Due diligence Property Management Investor Development 98

RIS Media

APRIL 5, 2022

Companies selected for the 2022 program represent a diverse range of solutions across the real estate ecosystem, including innovations in inspection, appraisal, fractional property ownership, lead generation, due diligence, underwriting and tenant retention, among others. REACH Commercial 2022.

Due diligence 98

Due diligence Commercial Technology Property Management 98

Realty Biz

MARCH 31, 2021

Never fear, though, there are strategies and tools available to make your remote property management as easy as possible.Thousands of miles or the width of an ocean can’t stop you from managing a rental property from abroad. What You Can Manage From Afar—And What You Can’t. Remote Tools for Property Management.

Property Management 64

Property Management Renovation Inspection Finance 64

HomeLight

DECEMBER 29, 2021

If you seek assistance either locating, sizing up, or calculating renovation costs for a potential investment property, you need an investor-friendly Realtor with specialized knowledge of rehabbing and rental markets in your area. Insight into smart renovation decisions. Property management knowledge.

Investor 98

Investor Property Management Renovation Agents 98

HomeLight

JULY 21, 2023

Inherited property: Managing an inherited property from out of state can be challenging, prompting you to sell it quickly and simplify your responsibilities. Property damage or repairs: Costly repairs or significant damage might make selling the house as-is more appealing than investing time and money into renovations.

Property Management 96

Property Management Inspection Sales Renovation 96

Realty Biz

NOVEMBER 28, 2023

Career mobility : being a professional in the real estate industry allows you to grow and make a career transition more manageable if you are tired of your current job. You can quickly go from being a realtor to a real estate appraiser , property manager, office manager, and many more.

House Flipping 100

House Flipping Property Management Industrial Agents 100

AAOA

FEBRUARY 17, 2025

Evaluate Property Management Decide whether you will manage the property yourself or hire a professional management company. Consider the impact of management on tenant satisfaction and retention. renovations, amenities) that can increase rental income.

Due diligence 52

Due diligence FHA loan Investor Property Management 52

Marco Santarelli

AUGUST 16, 2024

Cheap doesn't mean dilapidated: While properties requiring renovations can offer significant discounts, avoid equating “cheap” with uninhabitable. Consider closing costs, potential renovations, carrying costs like property taxes, insurance, and potential vacancies.

Due diligence 52

Due diligence Purchase and sale agreement Renovation Title search 52

HomeLight

FEBRUARY 8, 2022

A house flipper is a real estate investor that purchases properties, makes the needed repairs and renovations, and then lists the property for a profit. “We We’ll then set up an appointment to visit the property and make a cash offer.”. The flipper subtracts their anticipated repair/renovation costs – $35,000.

Investor 98

Investor Renovation Sales Agents 98

HomeLight

MARCH 13, 2023

With the strong Florida sun shortening the lifespan of roofs and air conditioning systems, costly renovations may be necessary. But they live out of state and don’t have the money to dump into the property,” says Joseph. A cash buyer relieves them of the headaches of renovating and listing the property.

Sales 98

Sales Investor Due diligence Renovation 98

Redfin

OCTOBER 14, 2022

A notice to vacate letter (aka lease termination letter) is a formal letter a tenant writes to their landlord or property manager to end their lease agreement. It also gives the landlord ample notice and enough time to find a new tenant or make other plans for their rental property. . Landlord or Property Manager Name].

Property Management 66

Property Management Inspection As-is Renovation 66

The Close

NOVEMBER 8, 2022

This scam recently made its way into the real estate industry, affecting owners of short-term rental properties and property managers. Here’s how it works: A would-be renter contacts a property manager of a short-term rental they find on Airbnb or similar.

Property Management 98

Property Management Inspection Pre-approval Agents 98

Sotheby's International Real Estate

NOVEMBER 30, 2020

If you fall in love with the area, purchasing property nearby for long-term use becomes an easier decision to make. Renting gives you more than a chance to inspect a new area before buying—it’s an opportunity to enjoy a luxury vacation with family or friends for an extended period of time. A Way to Enjoy Longer-Term Holidays.

Property Management 76

Property Management Inspection Renovation Brokerage 76

Marco Santarelli

SEPTEMBER 21, 2024

If you're stepping into the world of property investment for the first time, you might have come across the term turnkey real estate. In simple terms, turnkey real estate refers to fully renovated properties that are ready for immediate occupancy and rental, making them an appealing choice for new investors.

Property Management 52

Property Management Due diligence Investor Renovation 52

HomeLight

FEBRUARY 8, 2024

Divorce: Splitting assets and starting anew often involves selling shared property as fast as possible. Inherited property: Managing an inherited home can be overwhelming, especially if you want to liquidate assets quickly. Financial difficulties: Urgent financial needs or avoiding foreclosure can prompt a fast sale.

Sales 85

Sales Property Management Inspection Closing 85

Norada Real Estate

OCTOBER 12, 2020

Property Value: $250,000. Total Expenses: Property manager salary – $20,000. Inspection and broker fees – $5,000. Lastly, we can use this number to calculate the cap rate of the property. 13,000 (NOI)/$250,000 (property value) =.052, Property management salary. Property taxes.

Investor 101

Investor Inspection Renovation As-is 101

Realty Biz

JUNE 1, 2024

Building codes can also affect renovations to existing buildings. These permits are granted after inspections to ensure that building codes are being followed 4. Inspections and contract terms are a norm in the real estate industry. You’ll also have to complete training in implicit bias and fair housing. Occupancy Permits.

Commercial 85

Commercial Residential Inspection Finance 85

Redfin

JUNE 21, 2023

Collaborating with an experienced property inspector can help identify potential issues and prevent costly surprises down the line. Lastly, establishing relationships with reputable contractors and property managers can streamline property renovations and day-to-day operations. ” 11.

Due diligence 59

Due diligence Earnest money deposit Investor Inspection 59

The Close

JANUARY 21, 2025

Real estate wholesaling is a cost-effective way to start investing if you have limited funds and want fast returns without dealing with costly renovations or tenants. In this guide, Ill cover how it works, how to find wholesale properties, and tips to succeed in your wholesale venture.

Investor 67

Investor Title Renovation Due diligence 67

Realty Biz

JULY 29, 2022

This is an incredibly important part of being an efficient property manager. Maintaining detailed accounts for each property will save you time and money, while also reducing frustration down the road. . The organization will help you safeguard your finances and prepare for tax season. Hire a professional.

Investor 90

Investor Banks Finance Technology 90

Realtor.com

JANUARY 6, 2023

The owner “does not have any plans at this point” for the six-bedroom, three-bedroom rental, says Merida McClanahan of Team Idaho Real Estate and Property Management. Her company is the property manager for the home. Then the owner can decide what to do with the property. What happens to murder homes?

Property Management 74

Property Management Renovation As-is Inspection 74

Marco Santarelli

JULY 22, 2024

Understanding Real Estate Investment Real estate investing encompasses purchasing physical property like residential homes, commercial buildings, or land, with the goal of generating income or appreciation over time. Property Maintenance : Develop a system for regular inspections and repairs to maintain the property’s value.

Marketing 52

Marketing Property Management Finance Investor 52

The Close

FEBRUARY 28, 2024

It overlays digital information onto the real world, making it possible to see how furniture looks in a room, visualize completed renovations or new construction projects, or take virtual tours of properties from anywhere in the world. Renovation Visualization Ever have had one of those fixer-uppers that just doesn’t sell?

Staging 55

Staging Renovation Technology Property Management 55

App Folio

JUNE 22, 2020

Self-service online portals, like AppFolio’s Owner P orta l, make it easy for you to share important information online — such as work orders, inspection reports, financial statements, and 1099s — so your owners can view them at their convenience. In times of uncertainty, it’s especially important to keep owners in the loop at all times.

Property Management 59

Property Management Technology Inspection Renovation 59

AAOA

FEBRUARY 17, 2025

Evaluate Property Management Decide whether you will manage the property yourself or hire a professional management company. Consider the impact of management on tenant satisfaction and retention. renovations, amenities) that can increase rental income.

Due diligence 40

Due diligence FHA loan Investor Property Management 40

Marco Santarelli

MARCH 8, 2021

Although the closing costs are significantly higher and a little more complex when you’re purchasing multi-unit properties or multi-family properties of that scale. You’re definitely going to be paying a lot more in terms of the appraisals, the inspections, the complexities of it, etc, but it’s still one transaction.

Finance 111

Finance Investor Property Management Commercial 111

HomeLight

JUNE 30, 2022

They may include property managers and maintenance pros that keep the property in ship-shape. Sellers often share professional [service and maintenance] contacts and contracts with the new owner, says Cheryl Coleman , a top real estate agent in Huntington Beach, California, who has owned many short-term rental properties.

Investor 105

Investor Sales Agents As-is 105

The Close

JANUARY 30, 2024

The condo had been completely renovated after a massive fire, and while it was beautiful, it was by far the nicest property in the building. An agent had a client go under contract multiple times, but she would back out right after the home inspection each time. No lead poisoning—the property owner was in the clear.

Agents 98

Agents Property Management As-is Inspection 98

HomeLight

APRIL 29, 2021

There are plenty of investors looking for a property they can flip , but not every fixer-upper is worth their time and money. Not only will they need to fork out the cash for necessary repairs, but they’ll also lose rental income during the renovations. “I It’s hard to estimate how much it’s going to cost, so it adds a lot more risk.”.

Investor 111

Investor Purchase and sale agreement Agents Commercial 111