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23 September 2024 | 1 reply
@Mateusz SkibaRecommend 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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22 September 2024 | 12 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
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19 September 2024 | 8 replies
It will just be more of an explicit part of the price negotiation when buying a property.
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23 September 2024 | 4 replies
@Cathy LiRecommend 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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25 September 2024 | 16 replies
I can justify any price (and some high fee syndicators are still doing so), if I just play with assumptions, prepay and buy down my interest rate, and hope that sub-5% cap rates will be returning in the next few years.But if you know your market and market cycle, have an idea where interest rates may be going (this is an educated guess for all of us), and then have your assumptions, you can certainly have the conversations you reference with brokers and see what their take is on pricing and if it is worth writing.Finally, I have said this before and will continue to say it, whether we are talking single family homes or 400 unit apartment complexes, off-market purchases do not make something a deal.
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24 September 2024 | 22 replies
Then I got a reference to a company that has a whole group dedicated to wholesalers.
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25 September 2024 | 18 replies
I can refer you to someone who does great cost segs, just send me a DM
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23 September 2024 | 4 replies
What are you specifically referring to?
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23 September 2024 | 12 replies
@Srinath Gopinathan The attorney is referring to the due on sale clause.
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20 September 2024 | 7 replies
When it comes to 1031 exchanges, there isn’t a set minimum holding period explicitly required by the IRS.