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27 September 2024 | 15 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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24 September 2024 | 0 replies
A cost segregation study was performed on this single family home in West Palm Beach, FL purchased in 2023 with a depreciable cost basis of $841,850.
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25 September 2024 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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27 September 2024 | 11 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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25 September 2024 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2787168/small_1688818732-avatar-michaell1750.jpg?twic=v1/output=image&v=2)
24 September 2024 | 2 replies
Quote from @Michael Lynch: People rarely talk about the amount of effort involved in operating a STR.Never sell a property unless you have a clear plan to reinvest the money into something that will perform better or move you closer to your goals.
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25 September 2024 | 7 replies
If you have a more extensive full gut rehab you need drawings depicting the work to be performed and material specifications.
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24 September 2024 | 27 replies
Curious how that’s been performing?
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24 September 2024 | 5 replies
Additionally, they may include a carried interest or promote structure on the back end, which serves as an incentive or commission if they exceed performance expectations.Limited partners (LPs), on the other hand, simply invest capital and remain on the sidelines.
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24 September 2024 | 2 replies
A 30-35% ROI over 4 months sounds appealing, but it's important to make sure it's realistic and sustainable based on the rental’s performance.