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28 July 2024 | 25 replies
In our opinion, many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
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26 July 2024 | 8 replies
So when the mail people go to deliver it to the rental, they will know not to deliver it there, but instead to the new address that the tenants gave them.
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26 July 2024 | 0 replies
The deal emphasized the strength of our partnership with Robbie and our commitment to delivering outstanding results through strategic investm Lessons learned?
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26 July 2024 | 0 replies
The deal emphasized the strength of our partnership with Seth and our commitment to delivering outstanding results through strategic investments.
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26 July 2024 | 2 replies
I think you should focus on the EXPERIENCE you can deliver. Â
29 July 2024 | 40 replies
When the tenant admits to struggling to pay rent, it's inevitable that you will have to deliver a notice to pay or vacate.
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25 July 2024 | 1 reply
On top of that being that the property was occupied (delivered vacant) it was in great shape and didn't need that much work to bring it up to market standards.
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26 July 2024 | 2 replies
Ensure the developer has a good history of delivering projects on time and as promised.- Location and Market Trends:Â Choose projects in prime locations or areas with high growth potential.
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25 July 2024 | 0 replies
The deal emphasized the strength of our partnership with Seth and our commitment to delivering outstanding results through strategic investments.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/244400/small_1621435811-avatar-loganallec.jpg?twic=v1/output=image&v=2)
26 July 2024 | 14 replies
Get the trash company to send a dumpster, rent a truck to get the supplies (or pay to have them delivered) and you're set.Â