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11 February 2025 | 31 replies
They also like to acquire MHP with higher vacancy/ vacant pads (not sure what the industry standard is).
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16 February 2025 | 61 replies
This is why i love BP where else can you go and find so much wisdom and insight among professionals in our industry that are willing to share their experiences.
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21 January 2025 | 12 replies
You might find it useful to attend a meetup or two just to learn how other folks got their start into the industry :) I host a small/intimate meetup once a month in LIC, check it out here: https://www.biggerpockets.com/forums/521/topics/1214850-meet...
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19 January 2025 | 21 replies
Contrary to most business lending, the REI industry has a lot of "non-bank" lenders that provide attractive loans that can lower your cost of capital and improve your profit/cash flow.
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21 January 2025 | 10 replies
@Robert Zajac pretty sure BRB charges less than an 8% management fee, so just as @Nathan Gesner states, they are making up for being below the "industry standards" by charging more elsewhere.BE CAREFUL about PMCs that claim they don't charge a markup on maintenance - TIME IS ALWAYS MONEY!
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24 January 2025 | 9 replies
Try being an agent, your phone number is EVERYWHERE and you get targeted by a whole industry that wants to sell you the latest gimmick.Here is what helped me.I answer calls and when it's a telemarketer I will interrupt them and say very friendly (because I don't hate the poor person who gets paid to do this and coached to be ruthless): Hey, so glad you called, can you do me a big favor?
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24 January 2025 | 8 replies
Hope is the industry gets some relief soon and I can revisit some options to further improve asset revenue through amenities and/or roll into a better rate a lower principle.
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24 February 2025 | 147 replies
It is a well established belief in the financial industry that there is an inherent conflict of interest when financial advisors are compensated on sales commission.
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17 January 2025 | 1 reply
Starting from my backyard I'm looking to connect with some vets in the industry and familiar to the area/market.