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29 August 2024 | 14 replies
You are dealing with discretionary spending from your customer base vs necessity spending with an LTR.
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28 August 2024 | 4 replies
@B RyansRecommend 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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28 August 2024 | 7 replies
@Chris Clothier this is great to see and as a person who just closed on a property with you guys in Memphis, is very encouraging!!!
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28 August 2024 | 9 replies
You may be able to do the repairs yourself, but I'd encourage you to get the professional pest company to guarantee their work on stopping the termite issue.And, as others have said, depending on what the inspector finds, you can try to renegotiate with the Seller, ask for a credit, or choose to walk away from the deal.
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27 August 2024 | 6 replies
Far too many variables- I’m wrapping up a garage conversion adu right now for a customer and the permitting process was a bear.
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29 August 2024 | 5 replies
Of course, there are a lot of things to look out for...setting up an appropriate contingency reserve for unexpecteds, getting an accurate scope of work, properly knowing what your time-value-of-money costs are going to be, making sure you're contractor is not pulling crews for other customers, knowing codes and getting your permitting right, and the list goes on.
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26 August 2024 | 11 replies
Hi - Does anyone have experience with outsourcing customer interaction on Airbnb and VRBO outside US ?
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27 August 2024 | 4 replies
@Gp G.Recommend 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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27 August 2024 | 10 replies
I encourage you to make your tenant aware that you want to keep them happy so they pay on time and want to remain in place.