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18 June 2024 | 121 replies
Cantwell is even more odious than CI.In short we have determined to work with several agencies to see that CI is held accountable for the rip offs and scams that are perpetrated daily on the site.If you are truly in search of legitimate funding; private or otherwise, you will find that real, honest lenders have nothing to do with these kinds of sites.
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18 June 2024 | 26 replies
G'Day Matt,You can only do so much with online research.IMO the online stats and demographics often times don't paint the correct picture.This especially tends to be the case for tertiary markets.Finding folks on the ground that "live and breath" the market is your key to success.Those folks on the ground are the one's that bring the "online stats and demographics" to life per se.They will know more accurately what's going on in their local market pretty much on a daily basis.I've always said that you can research online and find a market that has the best growth and cashflow potential.Find a property for a great price and on a great street and in a great area.But if your property manager or contractor are incompetent or cheats.You will loose money.So start with finding the right people first before finding the right market or deal.Just my opinion.Thanks
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17 June 2024 | 8 replies
. - a home can pass an inspection but once someone is living in it and putting daily stress on the house (turning faucets on, light switches, turning on heat/AC etc), things can start to malfunction.
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18 June 2024 | 53 replies
REVPAR (Revenue per available room) has skyrocketed in the hotel industry the last few years, primarily because of Average Daily Rate (ADR) increases, but also because of boosts in occupancy, and ancillary income.
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16 June 2024 | 9 replies
What are your daily carrying costs and how long will it take to evict them if they dig in their heels and make you go through the whole process at the end of which you're damn sure not getting a broom swept house anyway?
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15 June 2024 | 30 replies
Fortunately, our software provider continues to improve their product and allow owners to select alerts they want and don't want.Next, we've asked our software provider to add a feature that would allow our owner clients to select from: Immediate Alerts, Daily Alert Summary, Weekly Summary, Monthly Summary.Of course, we call owners when there's a critical issue.
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16 June 2024 | 12 replies
Have a planned/practiced 1-2 sentences about how you help people buy and sell real estate.Keep your expenses low, track not only what you spend (personal, and business), and track your "lead indicators"...x hours daily lead generating, # people you talked with daily about real estate, # social media posts you created about real estate topics.
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15 June 2024 | 8 replies
If that's your cup of tea rock on, but don't let anyone tell you otherwise.
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20 June 2024 | 69 replies
If I sniff out that someone is here to take advantage of the pool of new investors that find themselves sharing our space daily I go out of my way to spoil the commercial part of it for them.
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17 June 2024 | 25 replies
If you are focus on growing your portfolio, then use your time on more value driven task such as research, acquisitions, or capital raising, and leave the daily operations to a property manager.