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7 January 2025 | 8 replies
A PMC is the ONLY one that will deal daily with your property.Here's some copy & paste advice on hwo to screen PMCs:Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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16 January 2025 | 21 replies
Also, many PadSplit properties have bedrooms that are created via flex walls that wouldn't meet the definition of a bedroom in an appraisal, so many PadSplit owners may think their property is worth a certain a mount based on a bed count that's not valid.
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26 January 2025 | 30 replies
I think it's a tool you should not count out if it means a tenant leaves in a month vs 6.
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7 January 2025 | 1 reply
When I'm figuring out how to price an Airbnb I always cross-reference AirDNA or PriceLabs to get an estimate on what the income would be.
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29 January 2025 | 47 replies
High bedroom counts to attract guests for weddings, families etc.
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13 January 2025 | 11 replies
One area can show great signs but literally cross the railroad tracks and it’s a different world.Be aware of these types of physical delineation.If you are getting no demand from qualified applicants then I would say it’s not in a margin of a gentrifying neighborhood.
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13 January 2025 | 12 replies
When I said size doesn't matter as much I meant for STR you don't need massive rooms, larger common areas, etc.If you went MTR you might go further away from RTP and go for higher bedroom count, for less appreciation on average.NOTHING about this post is gospel.
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5 February 2025 | 205 replies
Fingers crossed for progress!
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12 February 2025 | 75 replies
These people are counting on you.