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19 October 2024 | 14 replies
Going to meetups and conferences in a market you live in or are interested in investing in is always a great way to get a good sense of what it is like investing there and seeing how your property could potentially perform.
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18 October 2024 | 15 replies
I have contacted them multiple times about the performance with little to no change.
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24 October 2024 | 139 replies
If you are going to purchase materials as a cost saving mechanism, remember the project will perform best if both the owner and GC turn a profit.
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17 October 2024 | 20 replies
People just want to be right...rather than being effective in influencing others.
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17 October 2024 | 12 replies
How can I get the property inspected or who is best suited to perform the inspection on the property?
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17 October 2024 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
16 October 2024 | 11 replies
How else can I verify past performance?
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11 October 2024 | 2 replies
He found it challenging to get comprehensive info on their historical performance and the underlying assets.
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18 October 2024 | 7 replies
Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.
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17 October 2024 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?