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8 January 2025 | 5 replies
The real estate agents who are knowledgeable and doing a lot of deals each month will be the ones who can get you these accurate numbers.
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9 January 2025 | 4 replies
@Stacey OlsonRecommend 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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27 January 2025 | 65 replies
@Tonya EnglishWithout a clear understanding of what this company does (or more accurately, does not do), the payment seems excessive compared to other services in the market."
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28 January 2025 | 71 replies
But as many have stated before you can't predict appreciation.
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6 January 2025 | 31 replies
Many laundromats take card payments these days, which is very helpful in verifying revenue.Look at the lease terms – long-term leases with reasonable rent increases are important for keeping costs predictable, and can also be important for securing financing.Also, check out the equipment and figure out what repairs or upgrades might be needed in the near future.
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4 January 2025 | 4 replies
Besides putting together the best SOW using accurate/actual quotes as @Peter Mckernan and @Alan Asriants commented above, another key aspect is tracking expenses (bookkeeping) and monitoring the budget throughout the project.
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10 January 2025 | 9 replies
Leverage your construction expertise to accurately estimate rehab costs and streamline renovations, and focus on financing strategies like hard money or private loans for your BRRRR deals.
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7 February 2025 | 13 replies
However, make sure your underwriting is conservative and accurate.
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5 February 2025 | 35 replies
Which is accurate by the way.
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12 January 2025 | 8 replies
Some of the advice you're getting here is not entirely accurate.