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25 February 2024 | 7 replies
We have a PM for all our properties and the only time we interact is to approve MX items over $400 or have a question about a statement.
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27 February 2024 | 2053 replies
@Dave Foster thanks for the connection!
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25 February 2024 | 13 replies
No I have given only data.So when you add all this up, the first thing you need to do is get a website and make it credible.Polish up your social media accounts, create a professional banner and start creating content that is engaging.You want people to start interacting with you.Then provide value wherever you can (like I am doing on Biggerpockets).
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24 February 2024 | 27 replies
I handle all inquiries, guest interactions, staff interactions etc.
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26 February 2024 | 42 replies
STR is definitely different business than LTR which requires more time and interaction, for me it's impossible to run STR without PM especially if it's located far away.
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24 February 2024 | 2 replies
Again, the BiggerPockets store has some books for this or you can learn by watching podcasts, reading blogs, and interacting on the forum.
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26 February 2024 | 28 replies
Quote from @Dave Foster: @Engelo Rumora, Argy Bargy..???
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24 February 2024 | 5 replies
Interact with lenders, property managers, contractors, and real estate brokers.
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23 February 2024 | 3 replies
This rental property will be designed with a keen focus on generating a healthy cash flow.Project Blueprint:Budget: Allocated at $200,000, covering construction and all related expenses.Focus: To merge energy efficiency, durability, and tenant comfort with cost-effective construction strategies, making the rentals both affordable and sustainable.Location: Currently scouting – I'm open to suggestions and insights on ideal locations supporting this vision.Strategic Planning:Efficient Design & Planning: I'm considering compact, multi-functional layouts to optimize space usage and incorporate cost-saving construction methods without compromising quality.Sustainability & Efficiency: The plan includes investing in top-notch insulation, air sealing, energy-efficient systems, and sustainable materials to reduce the building's carbon footprint and operational costs.Budget Management & Cost-Saving Initiatives: Careful budgeting and exploring value engineering options are crucial, alongside seeking out grants or incentives for energy-efficient building projects.Community & Sustainability Goals: To create shared amenities to foster a community feel and implement systems encouraging tenants to monitor and reduce their energy consumption.Seeking Community Insights on:Cost-Effective Building Strategies: How can I ensure the project remains within budget while achieving high sustainability and efficiency standards?
23 February 2024 | 8 replies
@Dave Foster awesome to hear.