Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
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: Mark Sarte

Mark Sarte has started 6 posts and replied 29 times.

Post: Looking for a Property manager, Los Angeles / Hollywood area

Mark SartePosted
  • Springfield, MO
  • Posts 30
  • Votes 5
Quote from @Ken Barnes:

Hi Mark,

I own and operate a property management business here in Los Angeles.  Where is the property located that you need managed?



Thank you for responding. Close to Vermont and Beverly Blvd.
Message me when you can to discuss. 

Post: Looking for a Property manager, Los Angeles / Hollywood area

Mark SartePosted
  • Springfield, MO
  • Posts 30
  • Votes 5
Quote from @Erik Estrada:

Hey Mark, 

Where in Los Angeles/Hollywood?.

 Thank you for responding. Close to Vermont and Beverly Blvd. 

Post: Looking for a Property manager, Los Angeles / Hollywood area

Mark SartePosted
  • Springfield, MO
  • Posts 30
  • Votes 5

Hello Everyone,

I'm looking for a property manager that can take on a Single Family Home in the Los Angeles / Hollywood area to handle long-term leases. Does anyone have a recommendation on reputable property management company within that area? Thank you in advance for any input.

Originally posted by @Michael Ward:

@Mark Sarte Fayetteville could be good for you, yes, but try to find properties that don't rely on students as your tenants. I would also encourage you to look into Rogers, which is the more working class neighbor town of Bentonville

Thank you so much for the information

Originally posted by @Michael Ward:

@Mark Sarte Fayetteville and Springdale are also great markets to invest in if you can find the right property. Springdale tends be a lower cost of entry to purchase properties and rents are a bit lower than the other cities. It can be a great town to buy for cash flow, and appreciation is perhaps a bit slower. Fayetteville has the University and is still the largest town in the region. It's more expensive to get into (though perhaps less expensive than Bentonville), and the rents are higher. Depending on your investment goals, both towns can be great. Feel free to reach out for more details if you like.

Thank you so much for the insight. I'm more of a buy and hold vs. appreciation. I still like to be in the middle working class neighborhoods. I like cash flow, but not at the expense of having tenants that could be harder to deal with. I tend to secrifice cash flow a little in return for longer term tenants. 

Sounds like Fayetteville might be what I'd be looking for. Does that sound about right? 

Originally posted by @Thomas Greenhaw:

@Stephanie Funk

@Stephanie Funk has helped me find deals in Bentonville. I recommend her for the Bentonville market. We just closed on a single family home she found us that will result in 8-10 units on the land. In the meantime, that single family home has an ADU behind it, providing 2 different sources of income until we develop it one day in the future. Good luck -

Congrats, thank you so much for the input

Originally posted by @Stephanie Funk:

Hey there! Bentonville is my primary market. Glad to help. 501-993-5722

Thank you so much. I'll keep you in mind we head down there

I've heard great things about Fayetteville and Springdale as well. Anyone have thoughts on these areas as well?

Originally posted by @Ryan Blackstone:

@Mark Sarte The Bentonville Market is a great market to invest in to build Wealth. The margin between our average household income vs. our cost of living in NWA is relatively big. That is an indicator that home values will keep going up. Some have compared us to becoming the new "Austin, Texas" being that we are starting to see the expansive growth just like they did. That being said it is really hard to find cash flowing properties on day one, unless you are willing to get creative or break even for a while. So, it depends on your purpose of investing. If it is more to build wealth, you are in the right spot. If your goal is to build cashflow, there may be other markets that are better suited for that. My team is always here to help also. We can provide you with the Skyline Report which is a high level analysis of the real estate and economic market of NWA and other major cities in Arkansas. 

Thanks you so much. I heard alot of great things about Bentonville. We are trying to do buy and hold with decent cashflow. 
I'm looking for long term wealth growth and a decent ROI.
We mostly buy decent homes (not upscale) that we can sell in the future if needed and that appeals to long term renters. 
So trying to stay in good locations with great school districts to attract long term, working/middle tenants



 

Originally posted by @Edward Nelson:

@Mark Sarte Good Evening Mark!

I can provide you with market data in the Bentonville area. I’m a realtor and would like to help as much as I can.

Thank you so much. That would be real great. I really appreciate it.