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2 December 2024 | 9 replies
Will add though, that a good PMC will immediately alert an owner about what their property really is and the expected challenges.Unfortunately, a decent portion of the time we do this, owners either don't want to believe the Evaluation Video we send them or decide to sell.
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30 November 2024 | 2 replies
., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")
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5 December 2024 | 20 replies
I’m always looking to improve my process and would be happy to share some insights I’ve gathered on deal evaluation and contractor management.
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30 November 2024 | 1 reply
To evaluate Real esteate deals for creative financing, start by identifying seller motivations i.e. financial distress, desire for passive income, do they need a downpayment on their next house, etc  and property factors like equity or existing financing terms.
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2 December 2024 | 4 replies
IÂ still use the checklists/grading system for staff evaluation.
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5 December 2024 | 34 replies
Also, you can evaluate today's deal whereas you can only speculate what deal may be available in 10 years.
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3 December 2024 | 8 replies
If you find this is the case with a property you’re evaluating I would run away not walk as this can be a huge problem for future cash flow.
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2 December 2024 | 35 replies
Any thoughts on how to choose - what metrics to evaluate, resources to read to help?Â
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5 December 2024 | 31 replies
Evaluate and execute flips using software, monitor rehab, and plan exit strategies.
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4 December 2024 | 9 replies
Build a solid team and evaluate deals carefully using tools like BiggerPockets calculators to ensure strong cash flow and returns.Good luck!