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18 September 2024 | 5 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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21 September 2024 | 44 replies
Make a reasonable assumption (maybe expenses grow at the same rate as rent growth at 3%) and then add some conservatism somewhere in case you are wrong, e.g. if you think you need 5k/mo cash flow aim for 5.5k/mo or 6k/mo in case you were wrong in your assumptions.
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19 September 2024 | 12 replies
No right or wrong answer, just glad to hear you're open minded to real estate investing.
18 September 2024 | 1 reply
Sorry all just noticed I posted this in the wrong forum
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19 September 2024 | 34 replies
I could be wrong but I don't think so.
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18 September 2024 | 3 replies
Overall, I don't think you can go wrong!
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21 September 2024 | 33 replies
Did everything wrong but made $100K on appreciation.
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18 September 2024 | 7 replies
So many things can go wrong in a RE transaction that you don't want to risk it unless it's very small like $500.
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18 September 2024 | 26 replies
So, I'm all about Price price price, to a degree.All the best to everyone You appear to be bent on proving most wrong here.
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20 September 2024 | 11 replies
Actually, I ran the comparables wrong.