Hey everyone,I’ve been diving into Chapter 1 of The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate by Brandon Turner and Brian Murray, and I wanted to share insights on one of the most important concepts: Crystal Clear Criteria (CCC).When scaling up to larger multifamily investments, having clear and specific criteria is critical for success.

Those effected go well beyond the property owners, the economic contribution of RE and subsequent economic loss in the form of: management, maintenance, landscaping, caretaking, hospitality, tourism, contracting, designing, pools and gardening is economically catastrophic and will reverberate well beyond specific zip codes.

You listed some of the benefits but you didn’t explain what you’re specifically trying to accomplish.

Average tenants budget to their income and their income changes very modestly each year on average.

Ultimately, it’s about what aligns with your budget, risk tolerance, and long-term plans.

Also is the mortgage too much for your budget?

It’s also worth verifying if Beaumont and Port Arthur have any specific contractor registration or insurance requirements, as local compliance can sometimes impact project timelines. 

I'm new to real estate investing and looking to connect with local investor.Thank youWhat are specific goals? 

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?

They might have insights on specific zip codes or pitfalls to avoid. https://www.biggerpockets.com/forums/521