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26 January 2025 | 2 replies
Unfortunately, most PMC contracts are pretty vague making it a challenge to get useful information.3) A mix of the two aboveSome PMCs have internal handyman type ServiceTechs for small jobs that they bill hourly for, but get bids for any job requiring a licensed contractor.An owner should understand what type(s) of the above that their PMC uses and discuss as necessary to better understand.THE CHALLENGES OF GETTING 3 BIDSWe wanted to touch on this topic because it seems to be a pain point between PMCs and owners.In theory, it's easy to get multiple bids - you just search online for companies and contact them to get a bid.
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20 January 2025 | 3 replies
And @Natalie Bender is right about spreading your risk by going into multiple DSTs.
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4 January 2025 | 4 replies
I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.Once the land is paid off and divided, is it possible to use each lot as collateral for its individual mobile home?
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1 February 2025 | 17 replies
I really like the multiple income streams from one property.
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22 January 2025 | 2 replies
Ours are very simple boxes and we get economies of scale since we build multiple houses at once. hope that helps
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3 February 2025 | 8 replies
It eliminates the need for juggling multiple tools or platforms, making managing finances much more efficient.With two properties, I think Baselane is probably the best option for you.
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1 February 2025 | 7 replies
The good news is that it will still serve as a house hack when we move, as there are multiple units on the property.Our concern is that it is in a high fire prone area.
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24 January 2025 | 1 reply
Whether it's a small, family-owned PM company or a mid-scale operator with multiple properties -- I am interested in the trends!
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25 January 2025 | 2 replies
So far, if we use the top 3 comps and multiple by the square footage, we'd be getting an ARV of around $700K.
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27 January 2025 | 7 replies
We are working on our first flip house and we didn't plan to do the BRRRR method, although it has come up in conversation multiple times due to the area it is in, we are still tossing the idea around of keeping it as a rental.