So far in 2024, we have gotten immense push back on reducing rental rates. Many landlords fear dropping below past lease rates. The market ignores old numbers. Major cities show falling rents. For example, rents in Raleigh have dropped 10%. We predicted a decline for our higher-end rental homes. Still, we were surprised by such…
The Weak Property Management Company’s Sleight of Hand: Focusing on Cost to Distract From Poor Performance In the world of property management, there is one surefire way mediocre firms attempt to distract owners and investors: by incessantly highlighting the costs of their services. This tactic represents a classic “look over here” sleight of hand to…
Rental Investors Must Properly Prioritize How They View the Costs of Being a Landlord. Here’s How Did You Know? That the cost of property management barely makes up 1/10th of your overall performance as a real estate investor? What we mean by that is if you make $200K in gross income, and pay a 10%…
How Can Teamwork Deliver $100K+ to Struggling Rental Investors? Our December to Remember 2023 was a slow year for the rental market. There were brief periods of strong activity and long gaps of low traffic. You had only a few small windows to fill a home before a wave passed if you did not drop…
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