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9 October 2024 | 11 replies
If you do not have someone you can call to perform the work at that estimated cost, it will be a struggle to meet your budget.
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6 October 2024 | 3 replies
My BIL had a neighbor survey a mile long stretch of farmland and said the “rock pile boundary” was off by 5-10+ feet over a mile, a few acres.
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11 October 2024 | 40 replies
I joined for a number of reasons; education being a small part but gaining access to a well established network of like-minded, high performers in the multifamily world was far more important to me.
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8 October 2024 | 5 replies
Track your deal performance on a spreadsheet.
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7 October 2024 | 16 replies
Like @JD Martin said if you have the right language the seller must perform and close.
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9 October 2024 | 8 replies
Even if I were to collect the late fees it doest’t materially alter my properties performance and my tenants appreciate the flexibility in the very rare circumstances where they are late.
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10 October 2024 | 17 replies
Did you obtain lien waivers for work performed?
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9 October 2024 | 15 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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11 October 2024 | 41 replies
Many mid term travelers are families relocating to the area, displaced families (homes have had water or fire damage, or are undergoing extensive renovations, eg), international business travelers, families from out of state visiting their family here for a few months...all types.
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7 October 2024 | 1 reply
For example, I had a client who converted a student property in a college town to a traditional rental, but the key was that the asset wasn’t performing well.