Private equity firms seem to favor larger operations with scalable systems, while smaller mom-and-pop firms are often acquired by local players or regional operators looking to expand their footprint.If you’re looking for actionable intel, reaching out to brokers specializing in the sale of PM firms could provide useful leads.

I was curious how those of you that work with partners clearly define the roles and benefits within your entity.

I’ve learned the hard way that a little miscommunication can lead to big headaches.

This includes handling inbound leads, communication with the prospective tenants, tenant screening/background checks, application processing, lease generation.Many PMs will charge 50% of your first month's rent or 100% of first month's rent for tenant placement.

As mention about the 70% rule, doesn't seem to be working. 30-50k in an offer can can lead to being laughed off the porch.

. :)This is especially true if you rely on furnishedfinder.com as your primary lead source (which you shouldn't, but that's another post) as when you make that connection with a prospective resident, you are selling yourself as a landlord as much as you are the property as a place to live.

He is leading his 2nd rehab and it is taking longer than I would take (but I have done it many times).  

Lenders that can do either, will generally start with soft pull to avoid having you end up in "trigger lead pool".You really didn't even need to get pre-qualified with anyone to a get rate and fee quote.

A lot of newer investors are overlooking key details like their interest rates, LTVs, and bridge loan terms, which can lead to trouble when it’s time to refinance.At the end of the day, this is simple math, and sitting down with your lender upfront to structure the right deal can make all the difference.

Just be cognizant of point of sale inspections on some of these neighborhoods and inevitable lead certs.