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29 July 2024 | 1 reply
Not sure what new western is, but in general you generate a target list using a tool like propstream and you call it asking if they would accept an offer on the property.
31 July 2024 | 20 replies
It's a pricing tool that fluctuates and auto-updates your prices based on demand.
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29 July 2024 | 3 replies
You can skip trace the addresses using a tool like propstream as mentioned, give them a call and ask them if they'd be interested in an all-cash offer on the property, don't get into the fact that they are behind on payments, just ask them if they can use cash fast.
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30 July 2024 | 8 replies
@Lucas HannonTo prepare for a multifamily property investment, read books on real estate investing, network with investors, analyze deals using tools like BiggerPockets, stay updated on real estate news, improve credit, collaborate with professionals, understand Texas landlord-tenant laws, develop a strong investor mindset, and set clear goals.Good luck!
30 July 2024 | 16 replies
There are many tools to help investors find-off market opportunities.
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29 July 2024 | 1 reply
What resources or tools are essential for conducting thorough market research?
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30 July 2024 | 12 replies
They seem to have all of the tools and provide a lot of back-end support to their franchisees.
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31 July 2024 | 34 replies
FF is not a perfect platform or system, and I don't believe it should be relied on 100%, but it can be a useful tool
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1 August 2024 | 71 replies
If Jesus came back and got into rentals NO, N-O-B-O-D-Y get's admin access into our system. 2) They want a standardized list for maintenance items so they know in advance what repairs would cost.Being a PMc I'd invite them to acquire any of the readily available construction estimating tools/software out there such as RSMeans, but would not take on such a task as building and maintaining such a database, honestly for any $, it's simply not what we do. 3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.A-ok. 4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.I'd be fine with this as long as they sign a waiver that they own any/all negative impacts that result from such including extended vacancy periods, vendor refusals of service necessitating there own self-search to secure amicable vendor etc etc.. 5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $300LMAO!
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29 July 2024 | 6 replies
Plus using LOIs can be a useful tool as well.