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16 October 2024 | 16 replies
The fee should be relatively small compared to the investment in a meaningful direct mail campaign.You may also want to chat with a few title companies about what kind of transactions they'd be comfortable with.
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17 October 2024 | 8 replies
As a BTR guy myself, I always encourage people to look at their exit strategy.If you're buying into an all "investor owned" development you will need to sell to an investor down the road.
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19 October 2024 | 11 replies
Your living expenses get rolled into the investment, which can offset the expense (you're paying $1300 in rent each month--including that in your calculations for either a duplex or a home with an adu may make the investment numbers work better)I would strongly encourage you to spend a lot of time figuring out how to make a house hack work for you guys.
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15 October 2024 | 26 replies
That’s how you build meaningful relationships who will add real value.
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14 October 2024 | 2 replies
I'd encourage you to also set up some keyword alerts for "Hartford" and related terms like house-hacking, duplexes, etc.
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18 October 2024 | 12 replies
Thanks again for the encouragement and tips!
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17 October 2024 | 10 replies
@Peter FaulknerRecommend 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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17 October 2024 | 20 replies
Challenge is, finding a PMC that meets your expectations and is organized well enough to consistently deliver.Read on for our copy & paste advice about screening PMCs:-----------------------------------------------------------------------------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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14 October 2024 | 2 replies
, we are super blessed, it was not easy but it wasn't super hard either, and the tools here at BP are a VERY good resource to Analyse deals. thank you, guys.we are renting this property now to a wonderful family, they are super happy with the place, and we are collecting $1,200 P/M rent with over just over $500 in cash flow :) I just wanted to share to encourage new investors!!!!
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13 October 2024 | 18 replies
@Mary Jay our company has a mantra, "if it's not in writing, it never happened".Send them emails ending with an open-ended question, that encourages them to respond - which is proof they received your email.