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24 January 2025 | 8 replies
Those are much easier to do than having to deal with a difficult tenant daily however.
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18 February 2025 | 24 replies
I also appreciate the emphasis on repetition—being top-of-mind, seen as an expert, and gaining trust is key in this business.I will be implementing this strategy, starting with building out my Excel list and then start making those 5-10 daily calls.
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17 February 2025 | 6 replies
This sudden jump in rates has not fully caught up with market cap rates yet since especially in the commercial and multifamily property markets, transactions typically take 6 months to transact, creating a lag effect between interest rates and market cap rates since interest rates adjust daily.
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20 January 2025 | 6 replies
(yes, each option has volumes of disclaimers, circumstances and variables...at a high level, conceptually and then we can go deeper as needed.)
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5 February 2025 | 28 replies
My biggest advice when designing a vacation rental is to truly know the daily activities, habits, and needs of your target guests.
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1 February 2025 | 9 replies
But sometimes that just work on the other side, so I work hard to stick to a strict analysis even if that means deals by volume.
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12 February 2025 | 43 replies
Hi Nida,I'm a bit late to the party but better late than never I guess lolIn the search bar here on Bigger Pockets or even a Google research will reveal a lot of info about certain companies.I'd always like to joke around and say that "Google is your best friend" when looking to work with someone new lolI'd like to second Jason's comment who has been around the turnkey game for a long time and has probably conducted due diligence on many if not all turnkey providers over the years.Not many have stood the test of time and I'm proud to say that we have.Not intending to plug my company as we have many battle scars that started from day 1.But still here and still battling away 🤓Why we survived and thrived unlike many others was keeping our operation small and boutique and only doing deals on our terms.Low volume sales and thorough investor pre-qualification (As not everyone that has a pulse is necessarily a good fit for what we can provide).Some investors did better than others but one thing I can happily say is that we always did our best for all.I believe a very important component to any "true" turnkey company is that the penny ultimately drops must drop with them.Meaning, if you invest and things don't go the way as planned it is entirely up to them to rectify.No finger pointing or passing on the monkey to someone else (Like a realtor, contractor or PM).A true turnkey company stands behind it's properties, rehabs and in-house property management.Key phrase here is "in-house property management".Everything must be under the same roof and the provider must take all responsibility for the outcome of that investment.Wishing you much success
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29 January 2025 | 24 replies
Kind of hard to tell them to match or I go to the other bank when they are getting messages from the seller and escrow daily that we need to close ASAP.I can't actually push it off for too long since I don't know when the second bank will close and we removed contingencies a month ago.Signed with the first lender and had to swallow the points.Learned some interesting lessons along the way.
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21 January 2025 | 31 replies
I have attended the daily zooms a number of times and got answers to questions pretty quickly.
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14 January 2025 | 7 replies
Maintenance, We had a pool so I know first hand, you really need daily work on a pool.