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9 July 2024 | 8 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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10 July 2024 | 31 replies
The tenant flips have to be performed being budget conscious.
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10 July 2024 | 87 replies
This is website, various ad's, persons running and managing the various platforms, ad's, running of such. persons be it donestic or VA's to respond to inquiries, perform follow-up task's.
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8 July 2024 | 18 replies
Luxury STR's can really perform exceptionally, I've heard St Augustine is a strong market, can't go wrong with anything Naples..Savannah is also a hot spot.
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6 July 2024 | 5 replies
I'm looking to gather insights on how the market might perform for fix and flip investors in the Bay Area for the remainder of 2024 and into 2025.
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8 July 2024 | 42 replies
No first hand knowledge just my impressionsSo I suspect he is going to go down the guru path and start to charge if he is not already for training and given his performance I saw I also suspect he will be successful at it given his personality and ability to stand up and talk the talk in front of large groups not every one can do that..
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7 July 2024 | 17 replies
I'm interest in attached 20'-22' wide 3 bed 2 bath 1 car attached two story. that's what we build in columbus as a single family and it performs very well as a higher density suburban style in Miami
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7 July 2024 | 7 replies
And also look in markets where it seems even some of the top performing listings still have ikea furnishings and iphone photos.For example, in the Poconos market, many listings are still marketed poorly like this, and most homes are 3-4 bedrooms.
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7 July 2024 | 11 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.