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15 January 2025 | 29 replies
As a sidenote I see people doing this and jacking up the price of the home to seller finance to above market value - if you do this you better be VERY clear with your investors that you are writing a $300k loan on a $250k property as if you do not you can get in some serious hot water later on down the line when doing valuations of the company.
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7 January 2025 | 3 replies
Then you can consider researching and finding something that meets your needs better.
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23 January 2025 | 52 replies
With one BP poster I encouraged him to come out to a local meet up and met him in person and he was able to talk much more experienced investors in our group for further advice.
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31 December 2024 | 4 replies
I an afford to sit on this property as its in the Yosemite AirBnb hot spot and don't need to do anything right away as its in a killer location.
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2 January 2025 | 2 replies
And the best way to start networking is here on BP and attending your local REIA meetings IMO.
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6 January 2025 | 4 replies
You're likely better off attending your local REI meet-up to see if you can find an investor who has house-hacked or is currently house-hacking their primary home.
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11 January 2025 | 15 replies
JackieIs there any way they can go and visit the current PM and also meet the new PM, or even ask the new PM to go by the office of the current PM to see if they can see if they are still in business?
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21 January 2025 | 35 replies
Maybe look for a different type of tenant that doesn't leave every year or sell the place if it isn't meeting your other investment objectives.2) As PM's we always seek prior authorization for expensive turns or capital projects, even though the estimates given to our owner-clients are often ball-park numbers.
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5 January 2025 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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2 January 2025 | 50 replies
As you can see, two people already said just in this thread they have 100% occupancy during the hot time.