Nathan Gesner
Research Question - Red Flags when interviewing Property Managers?
30 April 2024 | 27 replies
Oh one more tip, ask specific questions, like who is going to not say “yeah im great with communication” , be wary of this trap too because you want the PMs to focus on doing their jobs rather than answering 20 emails from each investor each week, time is our most valuable resource please don’t take up too much of it, when you say “yes” to something you are also saying “no” to something else (opportunity costs)Questions to ask:- what is the eviction process like after COVID 19 in your city (ask for details and differences beforehand)- what are the city rental regulations, what is the process to obtain a rental license, how would you rate this city compared to surrounding cities on difficulty with this process and working with landlords- how do you handle late fees and payment plans, if a tenant calls and says they’re going to be 5-9 days late but have been on time for 6 months what is your response- if multis - how do you handle tenant conflicts- why do they work in property management and how did they get there- if you could invest in any city in the state where would you and why (I love this question because it will tell you if they know where the most profitable areas are for investors and ROIs and hidden costs)- how is water/water bills handled in this city
Quincy Jallah
Selling Commercial Multifamily by Owner
27 April 2024 | 0 replies
I understand the inherent difficulties and I appreciate the warnings some of you may offer, but I am specifically looking for anecdotal takes on past deals and attempted deals.
Dakota Timm
How hard is it to add a shower?
27 April 2024 | 4 replies
Your difficulty and cost will be based on many factors.
AJ Satcher
How Does Subject To Financing Work?
26 April 2024 | 3 replies
This can be particularly appealing if the seller is facing financial difficulties, needs to move quickly (perhaps due to relocation, divorce, or other personal issues), or the property has little to no equity and they can't afford to sell it through traditional means without bringing money to the closing.
Ling Chen
Looking for RE investment connections in NYC
26 April 2024 | 26 replies
Many of my clients are investors, who are finding deals of different degrees of difficulty and affordability.
Stuart Tollison
Markets to invest in or around Salt Lake City
26 April 2024 | 14 replies
Am I the only one having difficulty making the cash flow numbers work on small multifamily in SLC?
Tyson Scheutze
Navigating Financial Uphill Battles
26 April 2024 | 0 replies
By staying attuned to market trends, leveraging technology, and fostering a culture of adaptability, we can position ourselves for success in the face of adversity.
Doug Jones
Wholesaling got too popular.
28 April 2024 | 14 replies
Wholesaling is getting a contract signed below market value and selling that contract to a back-end buyer.The fact that wholesaling is saturated has nothing to do with the difficulty to do consistent deals and close these deals and make money.What IS saturated is marketing.
Michael Calvey
What’s keeping you from investing in real estate right now?
26 April 2024 | 45 replies
CurrentlY in california but refuse to invest here any further due to extreme difficulty in finding contractors and dealing with cities.
Marshall Rousseau
Prospective commercial tenants have bad Credit
25 April 2024 | 0 replies
All my experience is with residential properties so I don't have a great understanding of the difficulty involved with evicting commercial tenants.