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9 September 2024 | 9 replies
@Joel RiveraRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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9 September 2024 | 18 replies
If your contract with the buyer has a drop dead date and they do not perform you can move on.You also need get get POF from your buyers and a non refundable deposit.
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12 September 2024 | 32 replies
Curious, how do you research if a multi-family will perform well as a short term rental?
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11 September 2024 | 10 replies
It just means you have to pull numbers yourself, but they won't be as accurate as Airdna, Rabbu, etc.
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11 September 2024 | 6 replies
If it is performing well, the buyer pays fair market value for the home and enjoys the benefit of some future income with rentals you already have booked.
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11 September 2024 | 22 replies
As mentioned this means the property can support itself and wont put me in a situation where I can cover debt, operating expenses or capital expenses.Annualized Return if Sold at the Five-Year Mark:This metric offers a comprehensive view of investment performance, blending both cash flow and equity.
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10 September 2024 | 23 replies
You can use it to track your marketing performance, budgets on projects, KPIs for every role in your business (even if you're a one man show), call metrics, and manage your lead pipeline.
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11 September 2024 | 10 replies
I would narrow your search to who is the most reputable, hungriest, and priced well for the work performed (not the cheapest).
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12 September 2024 | 54 replies
Do the values appear to be accurate when you've reviewed them?
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10 September 2024 | 2 replies
If the work looks like it was performed by inept home owner or handyman, it will get more scrutiny.