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26 January 2025 | 14 replies
If you tell someone too early you aren't renewing their lease, especially one who is aggressive, could lead you to issues.
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24 January 2025 | 3 replies
Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.
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15 January 2025 | 39 replies
I find it hard to believe that investors are actually buying negative cash flow deals, but they are and then banking on appreciation.
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21 January 2025 | 31 replies
When I checked their reviews, I first started with the negatives ones and they were similar to the ones found on Reddit.
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23 January 2025 | 6 replies
Unless you want to continue having negative cashflow, you pretty much have to raise rents.
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27 January 2025 | 6 replies
During the tour, we will guide you through several key areas where we actively invest and showcase a selection of available properties—many of which are off-market opportunities.Courtney, who leads my investment team, can assist you further.
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27 January 2025 | 12 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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27 January 2025 | 12 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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20 January 2025 | 7 replies
CRM: What’s the best CRM for managing leads and clients?
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29 January 2025 | 6 replies
You can learn to do this independently or get a rockstar REALTOR to lead the way.