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6 December 2024 | 2 replies
Professional staging, virtual tours, and high-quality photos can help them envision how the space fits their lifestyle, whether it’s for entertaining, work, or family.To overcome the “biggest house in the neighborhood” concern, shift the focus to its uniqueness and lifestyle potential.
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5 December 2024 | 5 replies
Not that that means anything good or bad :-) But if you want high quality genuine coaching about investing in Philly and at a reasonable rate, I can connect you with a wonderfully savvy, professional investor who does coaching.
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4 December 2024 | 4 replies
The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.
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9 December 2024 | 11 replies
I find pricing tools lumping me in with all 2/2 regardless of quality of finishes and location (I’m beachfront others are not).
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9 December 2024 | 9 replies
------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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7 December 2024 | 17 replies
Joe Asamoah who focuses on quality homes and solid tenants.
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4 December 2024 | 1 reply
Signs of this are poor lease quality, maybe M2M tenants, high expenses (unnecessary things like high trash bills, internet, cleaning, security).
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4 December 2024 | 5 replies
Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.
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7 December 2024 | 8 replies
Better to have your own property manager use trusted handymen to take care of the issues for long term/quality fixes.
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2 December 2024 | 10 replies
@Marc ShinLike @Andrew Steffens said, for big items, go with quality.