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17 October 2024 | 4 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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21 October 2024 | 176 replies
When those folks need to sell and discover their equity is long gone, it will make an impact on the market.
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18 October 2024 | 5 replies
As I've learned more about analyzing properties I have quickly discovered we had to make some changes to our current rents and with changes going into effect next month the property will cash flow around $675/month, we only have about 7 more years on a small lean we have on the building, after that it should cash flow around $1000/month and be paid off with no leans.
17 October 2024 | 2 replies
I've mentioned a few above, and I'm sure you'll discover others.Best of luck moving forward!
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17 October 2024 | 6 replies
Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.
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17 October 2024 | 7 replies
What if you buy the property and discover you suck at managing the tenants and property?
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18 October 2024 | 12 replies
It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-teamThanks so much for the warm welcome Samuel and for sharing that resource!
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30 October 2024 | 236 replies
Back then when we “flipped” a contract to an end buyer and hence didn’t complete the purchase ourselves, it was the result of an opportune circumstance rather than a defined strategy; we negotiated an offer fully expecting to complete the purchase ourselves (unless something negative was discovered).
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17 October 2024 | 11 replies
You will find resources here from blogs to pod casts and forums.
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21 October 2024 | 13 replies
Or search the forums and blogs here, I'm sure you'll find some good info.It's also helpful to know local ordinance.