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12 February 2025 | 13 replies
Super easy to setup, yoand they offer a security deposit trust, client trust, and operating account with their package. https://www.enterprisebank.com/business/property-management
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12 February 2025 | 10 replies
Any advice or recommendations for funding, mentoring, partners, real estate brokers or attorneys would be most appreciated.
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20 January 2025 | 7 replies
Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.
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20 January 2025 | 9 replies
Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required).
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18 January 2025 | 11 replies
Feel free to DM me if you'd like more insights on all this (we don't do biz in Alabama so got nothing to lose).Here's some other "copy & paste" advice on how to search for a better PMC:----------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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14 January 2025 | 3 replies
A business partner approached me about it, and I negotiated the deal based on CAP rate.
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5 January 2025 | 3 replies
“Does anyone know of a website or resource that reviews Real Estate Syndication sponsors or offerings?
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15 January 2025 | 9 replies
Hi, I’m a full-time Real Estate Investor and mainly invest in Frederick and Washington counties.
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10 January 2025 | 8 replies
We have our own design team, contractors, and real estate agency under one roof, which saves time, cuts costs, and improves communication across projects.
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16 January 2025 | 7 replies
Would taking out a small business loan make sense st this point?