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15 November 2024 | 2 replies
@Ruben VanDusenI am here to network, answer questions and also learn.
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.
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20 November 2024 | 18 replies
I'm also checking with some contractors and attorneys in my network.
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17 November 2024 | 8 replies
Am hoping to use this as a network to build and learn.
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20 November 2024 | 37 replies
So just like most strategies, if you do not have the required network and insights to CORRECTLY execute, than get the team that does.
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15 November 2024 | 3 replies
Whether you’re experienced or just starting out, let's network, share insights, and discuss opportunities in this region.
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16 November 2024 | 5 replies
They encourage networking, discuss market trends, and discuss development strategies, aiming to support growth in the industry.Good Luck!
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15 November 2024 | 1 reply
I just started and would love to network!
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16 November 2024 | 3 replies
@Andrew MaturanaTo gain a competitive edge in the hospitality industry, explore creative ventures, Triple Net investments, house hacking, syndications, joint ventures, and leverage business acumen, networking, and resources.Good Luck!
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19 November 2024 | 3 replies
Read our copy & paste advice below on better screening for a PMC.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.