
3 October 2024 | 3 replies
@DemarquisMaybe initially see if you can do a Joint Venture with an experienced investor to get feet wet

28 September 2024 | 3 replies
Hi BP Community,I’m reaching out to the experienced investors here to learn more about how you approach deal analysis and risk management.

2 October 2024 | 16 replies
I’m eager to learn the ropes, connect with experienced investors, and share my journey along the way.
1 October 2024 | 2 replies
Also with regards to the case worker, is it ok to keep them up to date with the difficulties or are they generally biased to the section 8 tenant?

4 October 2024 | 33 replies
This journey has been a testament to the power of action and perseverance.Key Takeaways:1.Education is Essential: Invest in your knowledge and seek guidance from experienced mentors.

3 October 2024 | 2 replies
Having your handyman do showings could be a solution, but keep in mind that if he’s not experienced in tenant screening, it could expose you to more risk, especially with squatters or less reliable tenants.You mentioned using something like Showmojo for smart access, which is great for efficiency, but I’d suggest ensuring you have solid procedures for background checks and tenant screening if you go that route.As someone who’s owned a property management company for 5+ years and manages over 300 units, I’ve seen the impact of not properly screening tenants.

3 October 2024 | 6 replies
Hi all, curious for your experienced input.

3 October 2024 | 6 replies
@Irene Morgovsky what you are experiencing is that rents do NOT increase linearly with property values.Or look at it another way, the pool of renters that can afford higher & higher rents, shrinks faster than a corresponding pool of buyers.You could look into making it a short-term rental to try to improve rental income, but:1) Is it allowed in that area2) STR rates are coming downYou may have to accept "negative income" or sell.

3 October 2024 | 3 replies
Because you admit you do not know the structure, traps and pitfalls of subject to, you need an attorney that is experienced in contracts to walk you through this.

2 October 2024 | 4 replies
Hi @John Arena, It sounds like you're experiencing some common challenges with property management that might warrant exploring other options.