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16 August 2024 | 6 replies
Otherwise, it's not worth the time learning, because you do have to make mistakes.
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15 August 2024 | 4 replies
Any mistakes to avoid?
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15 August 2024 | 7 replies
@Gabriel Alvarado several times in the past, we've found that many agents make the mistake of using their sales tools for rental situations.#1 mistake is not using the right advertising websites correctly.So, ask your agent for a list of websites they are advertising your properties on.May also help if you post JUST the address here - we should be able to do a web search and find it - or there's an obvious advertising problem!
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14 August 2024 | 4 replies
@Ming Li HerreraRecommend 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 August 2024 | 0 replies
I had no money when purchasing so I skipped inspections which was a big mistake.
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14 August 2024 | 0 replies
I had no money when purchasing so I skipped inspections which was a big mistake.
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15 August 2024 | 9 replies
I am VERY certain I have made some (or many) mistakes or left money on the table or overpaid etc... but all of these deals are cash flow positive after all costs + vacancy and maintenance.
13 August 2024 | 4 replies
@Thomas SehonRecommend 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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15 August 2024 | 6 replies
Not to mention you will present yourself far more professionally to prospective business partners, lenders etc. who will be necessary for your growth.The next mistake you appear to be making is equating number of doors to growth.