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23 September 2024 | 29 replies
:) Did you get into larger multifamiliesI have business partners who are exploring larger deals, so I expect that I will eventually be involved in them.
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23 September 2024 | 1 reply
@Mateusz SkibaRecommend 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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23 September 2024 | 4 replies
@Cathy LiRecommend 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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23 September 2024 | 8 replies
But I'm going to stay firm on my goal of investing in multifamilies.Please let me know if you would like to connect and explore, and possibly partner together in the future.PS: I'm also based in Toronto.
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23 September 2024 | 20 replies
@Jesse Herndon and @Troy Biggs, We are in the process of selling our primary residence and will be full-time RVers as we explore the US for the next year (or more :) We currently own 4 rental properties and I am wondering if you can offer any advice on liability insurance.
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23 September 2024 | 9 replies
You can drop by with a "document you need signed to further explore their application” and while on the porch, take a quick peek inside.
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23 September 2024 | 12 replies
Lenders have been more conservative than when rates were lower but worth exploring for sure.
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23 September 2024 | 10 replies
This allows the new partner to share in the appreciation when the property is sold, which could help compensate for the upfront cash investment they’ll make in buying out the partner.If the current partner is open to it, you could explore a form of seller financing or a gradual buyout plan.
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24 September 2024 | 14 replies
It makes sense to do #1b but I personally would explore #2.
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24 September 2024 | 7 replies
Your strategy of re-marketing a 3-bedroom plus office as a 4-bedroom home office is a smart way to boost rental demand and rental income without major renovations.One insight I’d add is the potential benefit of exploring cost segregation studies once you build a larger portfolio.