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17 October 2024 | 10 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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15 October 2024 | 4 replies
It offered a unified platform where I could see all my properties' performance at a glance, and it synced smoothly with QuickBooks, which made tax season less of a headache.Just last week, over tacos in Austin, a long time client of mine shared how Juniper Square transformed his portfolio management.Another buddy in Phoenix swears by RealPage.
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15 October 2024 | 3 replies
Team ousted all the hooligans over a year and filled it with women and kids and now performing well.
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10 October 2024 | 7 replies
Have you considered using long-term rental loans to finance your properties?
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16 October 2024 | 21 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, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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17 October 2024 | 20 replies
They are properties circulated to long lists of unsophisticated buyers and if you are the highest offer you’ve likely outbid a bunch of prospective buyers who underestimated their improvement costs or overestimated their ARV while most likely proceeding without the ability to perform normal transaction diligence.
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15 October 2024 | 2 replies
You'll also find some clients that like to juice the commission on performance metrics, similar to what you posted, but that is also relatively rare as most owners feel if they're paying you north of $300,000, you should just try to get top dollar with strong terms.
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13 October 2024 | 5 replies
I always looked for properties that were in areas about to 'gentrify'......that combined with a little renovating is an awesome way to get a multiple equity boost....This is a literal no-brainer to me......as long as the area is not going to go downhill....
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11 October 2024 | 1 reply
Hey, BP community I wanted to take some time to tell you a little about my thoughts on out-of-state investing as many investors stick to their local markets, but out-of-state real estate investing offers unique opportunities that could boost your portfolio.
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17 October 2024 | 20 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!