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15 January 2025 | 7 replies
-------------------------------------------------------------------------------------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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22 January 2025 | 31 replies
Hey Camille,It’s great that you’re exploring multiple markets and thinking critically about population trends and affordability—it sounds like you’re off to a thoughtful start.Regarding Detroit, I’ve invested heavily there and have seen firsthand how much potential the market has.
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7 January 2025 | 0 replies
Each week, I analyze the MLS, exploring cities and towns across South Florida to identify areas favorable (or not) to short-term rentals.
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15 January 2025 | 15 replies
Here’s a quick breakdown of our financials:Operational expenses (excluding mortgage): $33k (Jan-Dec 2024)Annual mortgage payments: $58kTotal needed to break even: $91k+Income earned this year: $80kClearly, we need to bridge a gap of about $11k just to cover our expenses, and I’m exploring options to increase profitability.
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15 January 2025 | 8 replies
There is loans that cover the purchase and rehab so you could explore that.
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12 January 2025 | 8 replies
If your HOA would allow it, I'd definitely explore that since you'd be back in town for a few months out of the year.
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23 February 2025 | 33 replies
Go to your library, explore, start consuming the knowledge.
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12 January 2025 | 12 replies
Research the area's nuances, understand BRRRR financing strategy, network with local investors, analyze potential deals, use VA loans wisely, explore financing options, and network through investor groups.
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13 January 2025 | 45 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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5 January 2025 | 8 replies
That kind of attention to detail can save a lot of headaches.Are you focusing on multi-family properties in SA only, or are you also exploring other opportunities elsewhere?