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27 January 2025 | 1 reply
One thing I’ve always done is focus on the 75th percentile of the rent estimates, as my properties tend to fall into that range (very nice, but small with no amenities).While I think there will always be some manual research involved, the current platforms lack key functionality that could be easily implemented with the available market data and technology.1.Quality Metrics:•Filter comps to match the quality of your rentals.
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13 February 2025 | 35 replies
This type of property tends to gain value quicker than older properties.Best of luck in your search, let me know if I can help.
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29 January 2025 | 5 replies
In my experience tenants on the lower end of rent tend to cause more damage than higher price tenants.
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4 February 2025 | 17 replies
Tracking hours would be kind of a pain as we tend to do a lot of partial-hour type of work like a quick phone convo or texting back and forth with a buyer client, researching properties, talking to listing agents and lenders, scheduling showings, previewing properties, travel time, etc.
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8 February 2025 | 7 replies
People tend to waste a lot when everythings included, so this helps to avoid that problem.There are also companies out there that can install a meter in lieu of doing a full submeter to ascertain how much usage the unit is using monthly.
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19 February 2025 | 14 replies
You really don't need that and they'll take all your equity and give you often a poorly rehabbed property in the bad part of town where tenants tend to be tough.
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18 February 2025 | 17 replies
Local relationships help and credit unions tend to be helpful.
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3 February 2025 | 9 replies
People love to be useful to others and asking for advice tends to give them an ego boost.
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27 January 2025 | 3 replies
They tend to be less bureaucratic and more creative than big banks.
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25 January 2025 | 15 replies
That’s a big mistake and to not grant an exception is nuts.