Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Chance Sweat

Chance Sweat has started 2 posts and replied 8 times.

Post: Question to ask a property manager

Chance SweatPosted
  • Posts 8
  • Votes 5
Originally posted by @Daniella Sanchez:

I always like to people them through some scenarios and see how they respond. Give them some hypotheticals involving emergencies and/or distraught tenants. 

Didn't think about that approach. Any scenarios you recommend?  

Post: Question to ask a property manager

Chance SweatPosted
  • Posts 8
  • Votes 5

Hey everyone,

I’m about to start interviewing property managers and start building a team out for some potential long distance investments. I was wondering what were some “must know” questions, as well as some questions you’ve come up with in your experience to help vet who you want to work with.

Thanks!

Post: How to go about selecting a market

Chance SweatPosted
  • Posts 8
  • Votes 5

@Jonathan Schwartz thank you for the information. Definitely cleared up some questions I had from my research!

Would love to see the data you mentioned if you don't mind?

Post: How to go about selecting a market

Chance SweatPosted
  • Posts 8
  • Votes 5

@Joe Funari thank you sir! I have some colleagues in the Dallas area that also recommended the area. It is on my target list for sure. Now to just build our my network beyond my current contacts.

Post: How to go about selecting a market

Chance SweatPosted
  • Posts 8
  • Votes 5

@Joe Villeneuve again, not answering the question. It was a simple question of your preferred first step of picking a market before doing the further analysis to validate if the market makes sense for your preferred real estate goals.

Not throwing darts, not looking for shortcuts, looking for constructive advice and tried and trusted methods. Thanks for the effort.

Post: How to go about selecting a market

Chance SweatPosted
  • Posts 8
  • Votes 5

@Joe Villeneuve still not answering the original question, but thanks.

Post: How to go about selecting a market

Chance SweatPosted
  • Posts 8
  • Votes 5

@Joe Villeneuve I don't think you understand the question.

I was asking a lighthearted question on what your first step is.

Are you in the camp that just randomly selects a city and then begins pulling leads to check again 1% rule, analyze a few deals to see if there is enough quantity for your goals of scale Or

If you were in a different train of thought with a more targeted approach before getting into the weeds of the numbers.

I appreciate your feedback, however I will be under contract on my first property within my 90 day personal goal.

Post: How to go about selecting a market

Chance SweatPosted
  • Posts 8
  • Votes 5

Hey there!

Been listening to the podcast for over a year, read a handful of books from Brandon and David and committed to buying my first BRRRR (ideally) in the next 90 days.

I find that Orlando is too hot for me to compete currently.

Any suggestion on how to pick a market near or far to focus on as a newbie investor?