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31 October 2024 | 18 replies
You need to have a mechanism to remove tenants who are a problem, and I would strongly encourage you to consult an attorney the moment you close to get your lease terms right.
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28 October 2024 | 4 replies
@Josh WellsRecommend 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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28 October 2024 | 46 replies
Here are some ideas that might help:Multi-platform listing: Use a channel manager like Hospitable to list on multiple platforms (Airbnb, VRBO, Booking.com) to increase visibility and bookings.Direct booking Website: Hospitable.com can also create this for you.
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30 October 2024 | 35 replies
It goes deeper than that.NYC Liberal policies, including strong tenant protections, increases the risk of failure so much that the risk far outweighs the rewards.Financial ruin is just around the corner for the small Mom and Pop Property Investor that it doesn't make sense for them.The Tenants will have free Attorneys that are bent on delaying eviction cases so long that it stretches into years while Mom and Pop suffer from lack of rental income and still have to pay all the bills and do the management.Additionally, the increase in homeless living rough in the streets due to Sanctuary laws causing a lack of shelter beds, then evicting shelter residents after 30 days creating more homelessness, policies that tie up the Police's ability to arrest perpetrators, etc. only causes Mom and Pop to sell out at large discounts to larger Landlords who are capable to use Economies of Scale to eek out a profit.These larger Landlords will eventually turn a much higher profit as the pendulum will eventually swing towards the middle when the NYC Voting population eventually realizes that it's not a conspiracy of the Rich that's causing the Wealth Gap to increase.It's the same liberal laws that encourage people to become lifelong tenants, small Entrepreneurs (including Property Owners and small Mom and Pop Businesses) to be destroyed, and Rents to rise astronomically as housing becomes scarer even when the population declines by as much as 7% in the last several years.
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28 October 2024 | 8 replies
(New to this platform.)
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25 October 2024 | 9 replies
However, I'm unsure which of these platforms supports specific search criteria such as non-paying tenants, code violations, absentee owners, vacancies, tax liens, deceased properties, probate, and inheritance.
30 October 2024 | 94 replies
It's an audacious goal, but if it leads to getting the first deal done, then I will try to encourage.
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25 October 2024 | 3 replies
Good day! I am a New Agent building my business. I want to ask a question about SMS. What are you using for sending Bulk SMS that is cheap but has a high delivery rate? Please let me know. Thank you!
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27 October 2024 | 15 replies
I'm From Ethiopia I just found biggerpockets and really love the community, the contents and all members helping one another I'm also new to investing and would love to learn and grow in my financial freedom journeyIts an honor to be part of this community and looking forward to learning, growing, connecting with like minded people Thank you for all who created this amazing platform , Have a Great Day!
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25 October 2024 | 5 replies
IG is prob the most relevant social media platform with a decent messaging capabilities.