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13 November 2024 | 7 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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14 November 2024 | 5 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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14 November 2024 | 8 replies
Tacky.Your power outlets and switch don't have covers in the pics.
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14 November 2024 | 4 replies
I’ve come across options like the Institute of Real Estate Management (IREM), National Association of Residential Property Managers (NARPM), and Certified Property Manager (CPM) programs, but I’d love to hear opinions on which have been the most valuable in practice.Additionally, any recommendations for resources, books, tools, or online communities that have been helpful for day-to-day management would be appreciated!
15 November 2024 | 4 replies
Quickly analyze deals using tools like BiggerPockets calculators.Look for good locations, below-market prices, value-add potential, and positive cash flow.
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14 November 2024 | 21 replies
Cleveland and Lubbock are both good options to explore, but also consider areas with strong job sectors, like Indianapolis or parts of the Southeast.Researching Demographics: Tools like Placer.ai, Costar, and Data USA offer insights on demographics, migration trends, income, and market growth.
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13 November 2024 | 6 replies
I agree with other responses here, and to piggyback on them it seems everyone plans to 'own forever' when they sign a 30 year lease or finance term, and then things change (job, relationship, life events, etc) and folks try to sell the property with 25-28 years left.Banks do not look at power bills when determining DTI, but they will look at a solar loan/lease.
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14 November 2024 | 3 replies
Makes sense.Update - so we went to do the inspection and the power was off.
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13 November 2024 | 4 replies
I've heard that DealMachine is becoming the go-to tool for this kind of data, but I've also noticed some strong results coming from Crexi lately.It seems like Crexi has a more multifamily-focused platform, while DealMachine is often geared toward wholesalers.
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13 November 2024 | 2 replies
I am learning but am struggling to tie tools, etc, together to understand a deal.