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24 January 2025 | 1 reply
Additionally, many deals tend to fly under the radar, so networking within organizations like NARPM (National Association of Residential Property Managers) can help uncover opportunities.If anyone reading this is considering selling their property management company in Texas, feel free to share—I’m genuinely interested in connecting.
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22 January 2025 | 5 replies
You will get plenty of that at your office sales meetings, office training, CE training, board and association training.
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5 February 2025 | 16 replies
Some ways to find that person is local Real Estate Investor Facebook groups, local Real Estate Investor Associations, Realtors who list multiple properties for other investors, Bigger Pockets website's forum, and local property managers.You will also want to try to get on the buyer's list for local real estate wholesalers.To Your Success!
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23 January 2025 | 3 replies
There are many local real estate investor groups or associations.
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3 February 2025 | 26 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
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21 January 2025 | 16 replies
I recommend attending different Real Estate Investors Association meetings to network and get a feel for the landscape.
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12 February 2025 | 19 replies
That was their words- not mine.I remember watching a video done by the National Real Estate Investor Association online interviewing Ohio ( I believe) real estate commission.
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16 February 2025 | 11 replies
Fast forward 25 years later and John decided he wanted the riches associated with the gurus backed by the Vegas/Provo real estate marketing companies.
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29 January 2025 | 10 replies
Podcasts like BiggerPockets Real Estate Podcast are also goldmines of information.Networking: Check out real estate meetups in Boston through platforms like Meetup.com or local REIA (Real Estate Investor Association) groups.
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20 February 2025 | 11 replies
🚀Disclaimer: I am a licensed real estate broker associate in Florida, but I am not an insurance agent, lender, or attorney.