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9 October 2024 | 11 replies
Performance Metrics: - What metrics do you track to measure the performance of my property?
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11 October 2024 | 2 replies
Our strategy is to find properties in the Germantown, Logan and Olney areas of Philadelphia that need renovation, with the goal of holding and renting them out long-term.We’re currently looking to connect with experienced contractors who can help us accurately price out repairs and renovation costs for potential properties.
15 October 2024 | 69 replies
It's up to the individual accredited investor to perform research and make an informed decision.
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10 October 2024 | 19 replies
If that is the case, then the listing agent has violated the contract by placing tenants.Also, JUST BECAUSE THE LEASES ARE FOR HIGHER AMOUNTS, DON'T ASSUME TENANTS WILL PERFORM!
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11 October 2024 | 2 replies
It’s not just about managing assets, but people too.Market Reputation – Always perform due diligence and assess the firm’s track record through interviews, property visits, and broker consultations.Choosing a firm with these qualities ensures better management and long-term success.
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14 October 2024 | 14 replies
Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.
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11 October 2024 | 18 replies
Did you feel like their comps were relatively accurate?
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13 October 2024 | 12 replies
In this case a maintenance item that I cannot get the tenant to perform.
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18 October 2024 | 37 replies
Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.
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10 October 2024 | 14 replies
Include all your evidence and any relevant details about the property.Appraisal Process: If your request is approved, it might impact future appraisals positively, as the property will be officially recognized as a 3-bedroom.Risks: While there’s generally little risk in disputing the classification, it’s important to ensure that all changes are accurately documented.