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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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13 October 2024 | 2 replies
Midwest is too large of a territory for an accurate comparison.
17 October 2024 | 15 replies
To my understanding what Zachary saying is pretty accurate; however, I have one thing I would like to add.
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16 October 2024 | 10 replies
Here's a potential path forward for you:Get Detailed Bids: First, it’s essential to get more accurate bids from licensed contractors for the remaining work, not just a range.
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14 October 2024 | 3 replies
The county is going to go off the plan that was submitted.As for advertizing it for rent, say 'just over 2000 sq ft' which is accurate and not misleading.
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16 October 2024 | 10 replies
And is also pointless, because if you redirect depreciation to another investor, they should redirect the eventual depreciation recapture back to you.The point of investing in syndications via retirement accounts is not depreciation or, more accurately, early losses.
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16 October 2024 | 10 replies
Good to know, I will put these ideas at the forefront of my thoughts.We are going to take a look at it Monday, with my Uncle who is a GC, so I think I will get more accurate numbers after that and reassess things from a conservative point of view.Thank you for your responses.
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12 October 2024 | 3 replies
The absolute best way to get an accurate ARV / comps is to reach out to a realtor.
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17 October 2024 | 20 replies
Their comparable sales are almost always significantly inflated, and they lack the expertise to accurately budget for renovations.
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13 October 2024 | 15 replies
From my experience oakhusr is more reachable in winter months than other placesI have been in operation for a little over two years my first slow season was awful, I can’t really give you an accurate number but somewhere around 25-30%.