
30 September 2024 | 8 replies
@Karl Kauper going to guess your current PMC:1) Is having too many tenant nonpayment issues for your likingAnd/or2) Refusing to share their background checks with you, so you can make your own approval decisions to address #1 above.Several factors may be at play here that you may want to consider before being trigger-happy:1) For several legal and contractual reasons, it's pretty much NOT possible for a PMC to share background checks with an owner. 2) What Class of property do you own?

1 October 2024 | 7 replies
My dad taught me decent financials growing up and I'm the only one in my family who hasn't made a financially poor decision(some sort of bad debt or bankruptcy.)

30 September 2024 | 6 replies
Be sure to compare the terms and fees before making a decision!

1 October 2024 | 9 replies
Make sure to outline clear terms for repayment and the investor’s involvement, if any, in the decision-making process.

30 September 2024 | 9 replies
You have to make your personal decision, considering the time and effort it will take you to DIY it; the risk of it being done wrong, and the potential opportunities you might miss by not letting the pros handle it for you.The more expensive your property is - the more reasons you have to hire professionals.

3 October 2024 | 26 replies
Starting in Highlands neighborhood (or northside) which used to be a very rough part of town, is now the one of the top 3 most desirable are in the metro and this has slowly trickled down into neighborhoods south.I am an engineer so I love to base my decisions on data, so for example looking at census data, I like to look at % of high income earners in an area to gauge if I should invest or notFor 80204 which includes the neighborhood of Villa Park, in 2010 the % considered upper middle/high income was 4.2% of households. 2022 census says that now it is 40.5%On the other end is 80219 which includes the neighborhood Westwood which would have the lowest income area on my list, in 2010 Westwood had 4% as well, by 2022 it had 21.1% high /upper middle income earners.I have properties in both and tenant applicants are a wide variety (lower income folks on rental assistance to high income earnings wanting to rent in an area before buying a home) so its hard to put a property class in this area.

30 September 2024 | 10 replies
The objective is to build a profitable portfolio and when you begin chasing doors you ignore the fundamentals your underwriting should focus on and make bad investment decisions.

28 September 2024 | 3 replies
Overall, how long do you spend in deal analysis for each property, and how many properties do you review before making a decision?

29 September 2024 | 12 replies
My advice would be to align your decision with your long-term strategy.

1 October 2024 | 13 replies
If you're going to be a leading partner - you'll need to be a decision maker.