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2 December 2024 | 8 replies
Which is where most fail when they realize how hard it will be.One of my favorite all-time sayings, "Actions always speak louder than words"!
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28 November 2024 | 4 replies
Let them know that there will be routine quality control checks/inspections so that if your third party inspector finds any issues with quality, the GC will be responsible for paying for the correction.These are just some theories that I think will help and plan to implement when I operate out of state flips.
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25 November 2024 | 11 replies
Ask to speak with some of their current owners and current/former tenants.
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30 November 2024 | 12 replies
Labor shortages have hit that industry just like everything else, so finding reliable, trustworthy, quality cleaners is a challenge everyone is facing.
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1 December 2024 | 31 replies
You'll have quality tenants, minimal hands-on management, and lower potential maintenance issues.
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1 December 2024 | 21 replies
A bad PM can kill a good decision.If you can't find a quality PM in a particular market, don't invest in that market.
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30 November 2024 | 3 replies
And that residential department will often not speak to the commercial department.
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10 December 2024 | 39 replies
I did a survey last year and spoke to 8-10 lenders and they all said they wouldn't add extra value to the property based on it being a working STR.You need to check comps of other mobiles in the area of similar quality and price it accordingly.
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9 December 2024 | 38 replies
There may be habits that created this number and you need to work through it as well (not saying anything personal, just generally speaking).
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28 November 2024 | 2 replies
YMMV, but generally speaking, the LTV for SFH rentals maxes out around 75% and MFH is 65%.