15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.

15 November 2024 | 6 replies
It will also establish legetimacy.... wholesaling is a sketchy business hence anything you can do to increase your credibility will only help your chances at success.

16 November 2024 | 5 replies
In my area a layperson can appeal; it is a 5 minute hearing but you can also get your taxes increased in appeal, fun right?

14 November 2024 | 2 replies
Increasing density can often get strong reactions from residents if they disagree with it.

14 November 2024 | 19 replies
Are you finding MTR to be increasingly competitive?

15 November 2024 | 17 replies
My ideal is to have a system or a standard in place to maintain discipline about procedures.

14 November 2024 | 0 replies
I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

20 November 2024 | 23 replies
What automations is your team using to grow and increase capacity without hiring more seasonal staff full time for showings?

11 November 2024 | 3 replies
Quote from @Emory Clayton: From what I can tell, and my personal experience, you will have to lower standards so the Section 8 applicants can qualify.I'm not a fan of Section 8 because they tend to be far more problematic than tenants that pay their own bills.

14 November 2024 | 5 replies
How does it save me money if I keep increasing the balance of the loan product.See how they answer those questions.