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9 October 2024 | 23 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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11 October 2024 | 40 replies
While it is totally true you can make it own your own, the question becomes can you afford to (cost of mistakes), how fast are you looking to move without guidance/connections, and do you value being in a community with like-minded people actually making it happen?
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9 October 2024 | 15 replies
@Michael PetersRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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10 October 2024 | 23 replies
Not all would take the time, but I liked to encourage it because it can help avoid costly mistakes.
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12 October 2024 | 25 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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8 October 2024 | 4 replies
I know this is not going to be immediate...I will be making mistakes, I just want to minimize the damage of those mistakes!
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7 October 2024 | 2 replies
@Vishal ChandanRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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8 October 2024 | 4 replies
Be prepared to go though an eviction as a worst case scenario
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10 October 2024 | 9 replies
My mistake in explaining.
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11 October 2024 | 26 replies
For stuff you’ll be doing add that in too.. better to have worst case then over budget and no money left over to finish..Good luck with the remodel...