You will have more specific questions when you start.

BP Community:I’m building out a list of videos that will highlight the economic development in the specific cities/towns we invest in.

For instance, unless specifically called for in the Articles or Organization, LLCs are not required to have Boards of Directors, Officers, annual meetings, bylaws, resolutions etc.

The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.

While the rates can be a bit higher, the ability to work with a lender who understands your specific needs and timelines can make all the difference.For larger projects, private lending can be a game-changer.

I've flipped several properties in Eastwood Hills East and surrounding neighborhoods, with about half selling to homeowner occupants and the other half sold to investors with tenants already in place.That said, the specific property you're considering is key.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

If possible, ask fellow investors in your area for referrals to specific lenders they’ve had good experiences with.

Websites like Zillow and Redfin can help you find these, and a local realtor can provide valuable insights on the market.Don’t hesitate to ask the community for advice on specific properties!

-when figuring rules of thumb regarding payroll cost per employee/position or things like repairs and maintenance cost, contract services, etc. per door in a specific market do yall suggest contacting a property manager to find out these numbers or actually using google or job listings etc. i thought about using chat GPT as well. any thoughts on this?