
5 December 2024 | 5 replies
Hello All -My hub of properties is in Tampa but I do have some managed further South and my vendors are not as strong with less market presence in Fort Myers and Naples.

20 December 2024 | 28 replies
These companies and their leadership/owners don't care about anonymity because they understand how to properly operate their business i.e. avoid negligent activity while utilizing contract management systems ensuring all vendors are vetted with appropriate licensing and insurance and contracts with indemnification are in place.

16 December 2024 | 23 replies
More directly related to your area of interest - I suggest concentrating in 1 market out of your list at first, and build a system (vendors, property manager, etc).

12 December 2024 | 10 replies
If you think there might be the possibility of development raising the value in the future, you could try renting out the property to others for non-intrusive uses - parking, roadside vendor, etc.

17 December 2024 | 14 replies
You need to have sources (agents, wholesalers, GCs) that bring you opportunity that they have mined and they are bringing it to you cause they know you buy.To the vendors of the industry: Agents, Wholesalers, GCs, PMs, what have you...you are nothing until you buy something, until then you are window shopping.

12 December 2024 | 17 replies
Specifically, something where we as agents could network with each other, vendors who support our business, and also investors in the BP community.

11 December 2024 | 13 replies
Carry appropriate insurance (property, general liability and make sure you are listed as additional insured under tenant's renters policy and 3rd party vendors).

17 December 2024 | 16 replies
I also wouldn't be where I am today in terms of my contacts and relationships with vendors, to be in a position to self-manage confidently out of state.All that being said, if another deal with the same amount of hair on it presented itself to me today, I would pass simply because my risk profile has changed.

17 December 2024 | 22 replies
I have also purchased using Real Wealth Network, and they do a much better job of vetting the local markets and providers and will stop recommending any providers or vendors if investors are giving poor feedback.

19 December 2024 | 82 replies
That said, I have a nice stream of passive income (including math freelance jobs to keep me busy), and a lot of time on my hands, as well as experience with materials and vendors doing home renovations.