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22 July 2024 | 8 replies
And in your market the lot costs are so low you need to pay cash for them and may still need more equity/cash.. in higher priced markets were the lot cost might be 40 to 50% of the total cost to build you can get a land advance but your still going to need equity/cash to do those as well.so thats your mission find a captial partner.. or put a syndication together to raise the money and partner to build out the homes.. really going to depend on what kind fo NET NET NET profit is on each home after land a build costs.
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25 July 2024 | 62 replies
Military base housing allowance, foreign diplomat housing allowance, collections far easier, guaranteed cash flow,B.
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19 July 2024 | 1 reply
I'm particularly passionate about cultivating an extremely tenant-satisfaction-focused mission in order to distinguish myself in the rental market.
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22 July 2024 | 28 replies
And by going on your mission to nuke the company and the sponsor you just dig yourself a bigger hole and are NOT helping the other investors get their money back.
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17 July 2024 | 5 replies
The inefficiencies in this market should be a huge opportunity for folks who take the time to find and vet operators and projects, and come to the table with clear theses, looking for operators and projects that match those theses, rather than reacting with FOMO to promises from the most famous influencers in the industry.I think it is mission-critical that BiggerPockets and this community shines a light on the industry and exposes the good and bad operators, and steers LP capital away from "lopsided bets" and towards humble, honest, hungry, capital raisers offering solid projects in areas they have clear competency in.
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15 July 2024 | 12 replies
Tell them they are adults and need to start behaving like it (worded more diplomatically).
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17 July 2024 | 20 replies
A few years ago, as a member of the Mormon church, he served his mission out there and dedicated himself to becoming fluent and understanding the culture.
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13 July 2024 | 0 replies
I’m going to copy and paste what ChatGPT said because I have a hard time explaining my thoughts so here we go lolFrom a business standpoint, "write your declaration of independence" often means defining your business's mission, values, and strategic goals.
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11 July 2024 | 24 replies
I had 2 STRs in Mission Beach.
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11 July 2024 | 1 reply
.- Tenant Relationship Management: Property management companies act as intermediaries between landlords and tenants, handling rent collection, lease enforcement, and tenant communications professionally and diplomatically.- Legal and Regulatory Knowledge: Property management companies stay updated on local landlord-tenant laws and regulations, ensuring that all aspects of property management, including tenant screening, are conducted in compliance with legal requirements.In conclusion, tenant screening is a cornerstone of successful property management, contributing to tenant satisfaction, property upkeep, and financial stability for property owners.