Rushi Shah
New Member - Calgary, AB
2 February 2025 | 6 replies
To me the pro membership is not worth it for Canadians since a lot of useful tools on BP is US only.
Ashley Westerfeldt
Starting out with an STR strategy. Any advice?
2 February 2025 | 2 replies
I highly recommend investing in a property management software, such as Hospitable, for syncing your calendar, automating messaging, and scheduling cleans, as well as a dynamic pricing tool, such as PriceLabs, for optimizing your pricing based on market demand, local events, and seasonality.
Stepan Hedz
Unraveling the Potential of Phoenix's Distressed Property Market
27 January 2025 | 3 replies
Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.
Clare Pitcher
2025 PM Trends
1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
Emeka Okeke
Ready to get to it
23 January 2025 | 7 replies
And even having a great network is only valuable if you take action with it.
Kyle Carter
Lets Connect Together
23 January 2025 | 7 replies
Collaborating with seasoned investors or assisting with deal analysis can also provide valuable hands-on experience.Good luck!
Cameron K.
Seeking Feedback: Market Rent Research Platform
27 January 2025 | 1 reply
•For example, a listing with three price drops and 180 days on the market would be weighted less than one with 30 contacts, no price drops, and a quick removal after 30 days.3.Open Data:•Provide direct access to each comp’s details: price history, leasing schedules, photos, and even links to the original listing sites—all without leaving the platform.These three issues have been my biggest frustrations with current tools, and I’m building this out for internal use in my market.My questions to you:•Is this something you would want to see in your market?
Rennell Goudeau
Eager wholesaling apprentice
16 January 2025 | 3 replies
I'm reading books and listening to podcasts and such but having someone I can shadow is a more valuable educational experience.
Rene Hosman
If you had one question for a professional Syndicator, what would it be??
1 February 2025 | 33 replies
Are there specific tools, presentations, or approaches that help them feel more confident in taking that first step?
Joy Daniels
How Do You Stay on Top of Trends and Rules in Short-Term Rentals?
23 January 2025 | 11 replies
Quote from @Joy Daniels: As a short-term property manager I've seen how this industry changes so often—new guest trends, tech tools, and regulations seem to pop up all the time.