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14 October 2024 | 2 replies
Montgomery sounds like it’s treating you well.You really nailed the numbers on this one.
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16 October 2024 | 9 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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15 October 2024 | 5 replies
@Noam KorenThe historic northeast is like any C area, with good PM you can have great cash flow and with bad PM you can have very bad results (trashed units, non-paying tenants, evictions).
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18 October 2024 | 8 replies
I imagine some bad apples will do this and charge by the page rather than the complexity, but I'd like to think that the majority operate in good faith.
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14 October 2024 | 37 replies
And on top of it, you have a life insurance to protect your family in case of early demise.If it was so bad, why would so many sophisticated investors using them?
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16 October 2024 | 16 replies
It is an extremely bad idea to try to crowdsource legal knowledge.
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15 October 2024 | 6 replies
@Abhishek Agarwal these really aren't that bad once you really understand them!
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16 October 2024 | 18 replies
We like attacks on bad ideas.
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17 October 2024 | 47 replies
SMS is just a cheaper way to waste money on bad lists that dont target true motiviation of "have to sell" vs "like to sell".
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17 October 2024 | 14 replies
Again, cost segregation is not a bad idea.