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9 January 2025 | 0 replies
Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.
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13 January 2025 | 1 reply
We manage a property that was having drain field issues for awhile, got estimates and had the owner approve one of the vendors.
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15 January 2025 | 1 reply
I imagine people who've had 2nd or 3rd houses in hollywood hills are not interested in rebuilding or doing the work. How do I go about finding those who'd rather just collect the insurance money then sell it off at a...
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22 January 2025 | 8 replies
Albany, Syracuse, FL, NC, OH, TX).If you are considering small multi-family properties locally, you're in the right County!
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5 January 2025 | 8 replies
It is also for that very reason that you should be wary about going in as I do feel that the Pittsburgh has gone pretty high up in it's property values.
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6 January 2025 | 7 replies
For reference, my property was only about 90 miles from Peoria.
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10 January 2025 | 4 replies
@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.
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9 January 2025 | 2 replies
You can easily look them up on https://nmlsconsumeraccess.org/If they are a commercial lender, you may want to check for google reviews
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8 January 2025 | 10 replies
I have little confidence in turnkey providers, deals are already hard to come by, if they take another 20% cut before.. much better to buy a property from an owner that is in good condition.
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5 January 2025 | 5 replies
Cash Flow is not the best but have appreciation on the property.