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10 February 2025 | 18 replies
CA RE Broker ( which I have) standard state MLO and NMLS and Consumer finance license.
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16 January 2025 | 40 replies
This entire conversation in my opinion comes into play for a group or entity that may have 50-100 STR's where the branding will matter more but to be honest from what we have seen when they get that large they usually have lack luster service and subpar reviews- in the end someone that is 1031'ing mostly cares about that cash flow at that level and that's why and mostly only why they care about buying a brand. 1-15 units and a brand is nice but in my opinion wont break a deal- we are trying to do it but in the end its more for our guests to have a simple streamlined way to book with us.
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27 January 2025 | 18 replies
I don't care if 99 of 100 homes in the area have K&T, I would NOT buy it and leave it with K&T anywhere.
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6 February 2025 | 42 replies
Be careful with these posts, this is when all the real estate agents come out saying their market is best, when it might not be.
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2 January 2025 | 0 replies
Greetings BP community, I recently joined a national senior care living development team.
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6 February 2025 | 19 replies
If they are not willing to fund, I would crunch the numbers very carefully on your end before pursuing other options.
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13 January 2025 | 21 replies
I would also be careful talking to property managers - they may have no problem telling about "other" buildings, but change of ownership in their own building is a threat to their livelihood.
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13 January 2025 | 11 replies
-- We focus on verifying 2-year work history and verifying rent payments with last 2 landlords (unless in same property for 5+ years).3) MoveIn Specials: be careful with offering "free rent" as will just attract tenants with no cash.-- Try free TV or something else worth 25-50% of one month of rent.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?
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4 January 2025 | 23 replies
And there are landlords who only care about maximizing profit and nothing else.
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5 January 2025 | 5 replies
Quote from @Amy Smith: Be careful you don't get in too deep.