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11 August 2024 | 8 replies
Vacasa and Evolve are two of the major players that could have an opportunity in that area for you to be boots on the ground.
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12 August 2024 | 37 replies
@Scott Trench Had a deal close last month with a combination of your scenarios/players.
12 August 2024 | 22 replies
Hes one of the bigger "Â players"Â in Ft Myers, also owns ( I assume still does) Social, top "Â clubs/ restaurants there.
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19 August 2024 | 3705 replies
Also Look at Jim Abbott the baseball player.Â
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10 August 2024 | 7 replies
Quote from @Gash Nookala: David has the right idea about building a team, but the most important player on that team is the property manager.
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9 August 2024 | 4 replies
Prioritize your financial stability.
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9 August 2024 | 18 replies
You can automate most things on storEDGE, from messages to delinquent customers to lock codes.You can also do your website through storEDGE, though we farm that out to another vendor that specializes in SEO.StorEDGE is likely overkill for a 36-unit facility, but if you plan to scale, I would prioritize implementing your systems now and growing into them, rather than starting with more basic software and transitioning later.
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16 August 2024 | 277 replies
One partner has over 10 years of experience with 2000 Unit, and next one has about 900 units as GP, and the rest of us were first time multifamily players.Â
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9 August 2024 | 18 replies
., single-family homes, multi-family units) to diversify my investments.10.Focus on Cash Flow: I’ll prioritize properties that generate consistent positive cash flow, ensuring that rental income covers all expenses, including mortgage payments, maintenance, and management fees.11.Long-Term Hold: I’ll hold properties long-term to benefit from appreciation and tax advantages.
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14 August 2024 | 134 replies
It's vitally important to know who you are working with, and have the history of the players involved.