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2 April 2024 | 58 replies
I believe there is one in Portland, which functions as a "hotel", with 3 or 4 tiny houses on a commercial lot.
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30 March 2024 | 6 replies
It’s a little hard to visualize, is the 2nd floor patio door lead to a covered patio, or is it fully exposed exterior wall?
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3 April 2024 | 83 replies
Details and photos of comps pointing out which were distressed sales along with visual evaluation of condition and which were standard sales, along with condition reports and photos.
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29 March 2024 | 0 replies
I wanted to get some feedback from folks who are actively serving clients and see potential areas where their clients have unmet needs.Business intelligence solutions: Data visualization and storytelling to help clients make data-driven decisionsScalable finance and accounting workflow automation: Using ETL tools to streamline processes and reduce manual workOverall workflow solutions: Automating routine and manual tasks to increase efficiencyProcess-level written documentation and standard operating procedures: Ensuring consistency and clarity in business processesDynamic Excel workflows: Enabling users to model data effectively and efficiently at scale"From my experience, if folks have at least a sizable number of properties (25+), they could likely benefit from these areas to increase efficiency, reduce costs, and ultimately improve ROI.I'm eager to hear your thoughts and insights on the automation-related needs you see among your clients.
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30 March 2024 | 10 replies
You could theoretically create an LLC to provide property management functions on behalf of the 10 property portfolio and have a management contract between each property LLC and the management company where you will use management fees to cover the salary of the property managment staff member.
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30 March 2024 | 25 replies
@Ferrode Joseph cashflow vs appreciation is really a function of the Property Class you target.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
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1 April 2024 | 67 replies
Yet, we understand that you're likely tracking certain sales, which would be one of the function of an MLS if one existed, hence your use of the acronym.
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29 March 2024 | 11 replies
I have read about it over the years and while is seemed a big far-fetched when I was younger, I am now at a place where I can see the logic of the expansion over multiple properties - I think it was the BRRRR method that really sold me - where each property can contribute to the down payment of the next property (Still have a lot to learns about the mechanics of that and the balance of the extra monthly payment cost of the cash out re-finance, but I can visualize the logic of the concept).Sincerely,Joe
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28 March 2024 | 7 replies
The house's electrical system seems to be functioning properly, but given its age, we're wondering whether it would be beneficial to replace it entirely( I.e update the whole electrical system) My question is this: Would installing a new electrical system increase the value of the house and make it more appealing to potential buyers?
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28 March 2024 | 3 replies
@Russell Bundy, highly recommend you use the search function, as there could be posts from all over with people talking about BAM.There is also an entire subforum of Syndication reviews.