Sachin Amin
New Construction SFH for investing
4 January 2025 | 5 replies
Direct communication with the builder has been the most effective method in my experience.
Justin Treaster
Dallas Fort Worth wholesalers
15 January 2025 | 27 replies
On the other side, the bigger companies have more experience and their numbers tend to be more accurate (not always)... as they are big companies "their costumer service" and communication is better but at the same time they "have more mouths to feed" if we need to be honest so can get a bunch of ok or good deals but I kinda doubt they will be great (just my personal candid opinion).
Roni Williams
Roofstock does not care about it's buyers or sellers it seems
26 December 2024 | 5 replies
Quote from @Roni Williams: Their communication is non existent.
Jennifer McCurrach
Need a PM in Cincinnati
2 January 2025 | 6 replies
However generally from working with 2-3 other PMs in the west coast, I am 100% fine paying more of a premium each month for a PM that is transparent and is able to give more time to communication.
Ryan G.
Investment Property opportunity assistance
6 January 2025 | 5 replies
Many lenders allow for low-down-payment options if the rental income covers the loan.You’re approaching this deal thoughtfully, but be sure to communicate the benefits of your offers clearly to overcome resistance from the seller's representative.
Karma Abdula
Partnered Success in Arlington
31 December 2024 | 0 replies
Working with a business partner highlighted the importance of clear communication and shared goals.
Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
It may be that they are underwriting the property at a significantly different valuation than what you are using or that they feel that you or the deal is excessively risky.Great advice here, and a good HML will have an account rep or someone to communicate with you through the process so that you know.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
Mine was also out of state, in a town I’d never visited, and I relied heavily on videos from my agent.This sounds like a tough first deal, but it seems like you have some capital on the side, which will be useful as you face the upcoming challenges and learn from those expensive early mistakes.Regarding the subject of this post, “help me adjust my expectations,” I’d recommend assuming that; repairs will cost twice as much as you estimate, maintenance and vacancy rates will likely double from your initial projections, there’s a very real chance you may lose money on this deal.That said, there are ways to mitigate these risks by:- Keep asking questions here on BP and connecting with local experts- Stay proactive and communicative with your agent and property manager.And remember “Inspect what you expect.”Im not trying to discourage you but to help reset your expectations.
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
They are also very unresponsive, you'll get a lot of upfront communication while you're signing up for things and then they disappear.
Tanya Maslach
Who pays - Landlord or tenant?
11 January 2025 | 15 replies
Assuming you already paid for the first occurrence, if it happens again and the plumber doesn't find anything wrong then, yes, the tenant should be responsible for the invoice.Your PM should be setting those expectations when they communicate with your tenant."