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9 February 2025 | 5 replies
For what it's worth, my background is on the financial side as I work with several BRRRR and fix/flip developers across the country.
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3 February 2025 | 4 replies
Darrius Local PM here - happy to help, we have multiple developments that are gearing up to sell in the next 6 months, few small multis and townhouses.
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22 January 2025 | 3 replies
very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one.
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4 February 2025 | 2 replies
So, I don't want to expand that tool beyond what it is today.1) If anyone out there knows of such a dashboard for a small investor (I have 5 commercial leases and 14 residential), please share the information on where I can buy a template.2) If any of you are interested in working together to develop this tool, I am happy to meet and build a wish list for features that we can divide up the work and complete it faster.
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28 January 2025 | 2 replies
🌳Now, parks like this only further help develop the area.
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15 January 2025 | 24 replies
To me the value in diversification is that it helps nudge you to look for other opportunities and revenue streams where you might otherwise just be content to stay in your lane and then you'd never find anything new.
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9 February 2025 | 21 replies
Even developing a mobile home park, affordable townhomes or self storage.
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1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
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2 January 2025 | 0 replies
Greetings BP community, I recently joined a national senior care living development team.
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25 January 2025 | 12 replies
You spend a giant pile of money before you make a dime of revenue.