It’s crucial to have a clear plan and build a support network, whether you choose to invest locally or out-of-state.

I recommend building your elevator pitch (30 seconds or less), your uber presentation (five minutes), and your listing presentation (up to 30 minutes with supporting materials).

They are founded in Oregon and as a result also had a strong conventional RE division that supported buyers and sellers of Vacasa managed properties.

We just had a S8 tenant in a Class C property break their lease, with the support of their caseworker, due to fight with a neighbor.S8 is a tool that, like any tool, needs to be used properly.

I did Eddie Speed’ Note School training online, but at a cost of $72K for 2 years of supported access to his mutual fund of Notes, I can’t get beyond the sticker shock of Eddie’s mentoring program, but would love to do more DOT/Note deals if I can find them.

Selling costs will consume about 50%.  

This dually provides evidence and reassurance to the buyer of hard anticipated costs and a written estimate to support and help validate the buyers request to the sellers. 

Whether it is to build out your own in-house PM company, renegotiate vendor contracts on your properties with your new unit count as your bargaining chip, or just build out a more robust administrative team, now is the time to do it to support your needs for the next market phase.

Building roads and extending utilities comes after a lot of other expensive and time-consuming work.

I recently joined the BP community and have already been shown a tremendous amount of support!