Paul Lucenti
Maximizing monthly cash flow per unit
28 January 2025 | 27 replies
My manager is largely responsible for that.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
But the answer for everyone may differ.Here are the personal attributes I see in those able to achieve a higher than market ROI, enough higher to be able to “scale”.1- Knowledge of real estate principles, real estate law and real estate finance2- Minimum 3 -5 years full time, or near full time experience directly related to real estate investing3- Ability to utilize technology for increased efficiency, capacity, and accuracy4- Excellent hired legal counsel and excellent hired marketing help5- Established method(s) of obtaining consistently high QUALITY deal flow6- Ability to manage and choose people who are NOT employees: Attorneys, Appraisers, Mortgage Brokers, Real Estate Brokers, Title Companies, Surveyors, Marketing Specialists, Accountants, Contractors, Consultants, Property Managers7- A VERIFIABLE track record of success8- Ability to identify, analyze, and negotiate a deal that can be “worked” for “enhanced” ROI9- Some type of competitive advantage; for example for me it’s my ability to analyze and identify mortgage loans that are actually less risky than all other lenders believe (on the investing in debt side), and on the real property side it’s my ability to analyze”pull the trigger” with LESS information than other investors need, combined with the ability to pay cash, or raise significant capital almost instantly as well as being able to obtain loans at the lowest prime customer bank rate with no recourse or personal liability.
Jeremy Dugan
Apsiring RE Investor // Western, MA & Northern, CT
7 January 2025 | 5 replies
Jeremy, your experience as a military civil engineer and project manager is so impressive—I’m sure all that expertise will be a huge asset as you dive into commercial real estate.
Sofia De Santos Tavarez
How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
Would that be a property manager? Is
Jorge Abreu
Evaluating Property Managers
28 December 2024 | 1 reply
Keep an eye on those delinquency rates and ensure that the property manager is proactive in rent collection.Maintaining open lines of communication with property managers is also part of the process.
Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
This method is a little riskier and requires more work from the Property Manager. I
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
My concern us that the contracting company is owned by the property manager. I
Levi Perl
When to lower rental listing price?
3 January 2025 | 18 replies
See Listing Link here.I am attributing a lot of the "slowness" to the season.
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
Hi Mike-Congratulations on being a first time investor and you are wondering when to start using a property manager.The property manager is probably the most important person on you team.
Dan Ermolovich
Eviction Issue - Out of state investor
29 December 2024 | 5 replies
Your property manager is an idiot.