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Results (10,000+)
Grant Stepanic 10 Steps To Take For Out Of State Investing
18 July 2024 | 2 replies
Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 
Trevor Hummel My slow burning introduction to real estate investing
18 July 2024 | 1 reply
Hi Trevor, I totally get the partnership struggles—communication can be tricky.
Yochai Paz Experience working with Norada?
18 July 2024 | 11 replies
It's not for a lack of trying.I've asked him to try working some other channels to see what we can put together for you.Sorry for any slow communication; it's a crazy time in the markets and the low/tight inventory has made it rather challenging for everyone in the industry.I'll follow up with Micheal more tomorrow.Feel free to contact me anytime!
Austin Berlick Hassle marketing property
18 July 2024 | 8 replies
You can look into the BiggerPockets-affiliated software for landlords here in the Tools section.Another option could be a local Realtor who either works a ton of rentals or does a lot of business in North Austin.The software route may still require involvement on your end i.e. setup, communication, document review, etc. 
Amanda K. Foreclosure in Indiana?
17 July 2024 | 1 reply
The property is still occupied, but the borrower is refusing to communicate
Alex Loginov Kissimmee - Honest and Reliable Cleaner Recommendations Needed
17 July 2024 | 6 replies
Our previous team, found through Turno, became unavailable due to their growing business, and our current cleaner hasn't been meeting our expectations.We're hoping fellow hosts in this forum might have recommendations for cleaners who consistently provide excellent service and clear communication.
Jaekwan Lee Things to look at on Quadplex showing and put contingency
19 July 2024 | 8 replies
Tenant Contact Information: current phone number and email address are needed to be able to communicate with tenants.4.
Alex Moazeni Eviction process for late payment
17 July 2024 | 15 replies
Communication and establishing expectations is key here.
Robert F. New lease for tenants already in place at closing
16 July 2024 | 3 replies
They aren't super communicative, and I’d like to get a leased signed for September 1 asap. 
Jeffrey Reyes Free Tips and Advice to my fellow Airbnb Hosts
16 July 2024 | 0 replies
Guest Communication Tips: Making Your Airbnb Experience SmoothEffective communication is key to great Airbnb hosting.