11 October 2024 | 2 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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19 October 2024 | 25 replies
Federal lands come right down basically to the city limits and subdivisions are nestled right up against them.. so you could sprawl there.out east there are very few federal lands close to housing .. so that makes zero sense.It only works in the West from Rockies to the Pacific and select areas.
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16 October 2024 | 4 replies
My first thought was an extensive TI package that was effectively financed into the rent.
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14 October 2024 | 19 replies
Four of the major criteria they consider when selecting a location are:Low crime: Companies are unlikely to establish new facilities in high-crime cities.
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16 October 2024 | 5 replies
Connecting with contractors, property managers, and other investors has been invaluable in helping me learn from their experiences and navigate challenges more effectively.
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14 October 2024 | 6 replies
The key is to be detailed and consistent in your logging.For our clients, we provide a custom spreadsheet to help track activities more effectively.
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15 October 2024 | 3 replies
If you use any of the major mailhouse services, like Yellow Letter HQ (a service I can personally vouch for), they offer a variety of templates and even provide text suggestions.A smart way to analyze this strategy is by observing people in your local market who use mailers and identifying what works or doesn’t work for them.The simplest and most effective way to test this approach is to pull a hyper-targeted list of distressed homeowners and run a small-budget mailer campaign.Hope this helps!
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14 October 2024 | 4 replies
@Taylor Dasch, I think it will depend on the market you select (always should run the numbers yourself as well), but my Akron property is expected to bring between $200 and $300 / mo after PM fees.
11 October 2024 | 1 reply
A positive answer reinforces their suitability as a renter.Tips for Conducting Effective Reference Checks Effective reference checks help you select reliable tenants who will respect your property and fulfill their financial obligations.
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24 October 2024 | 139 replies
OR, get smart, focus on what IS effective, and try to get with a GC who has some of the best direct supply account's and pricing, and negotiate to get the best discount from them they can lend.