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15 January 2019 | 24 replies
So things that are a red flag for me may be fine for someone more aggressive.1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.
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9 January 2019 | 0 replies
In first 8 months I have matched with 2 separate units the amount of revenue that was previously 1 unit's previous 12 month income Lessons learned?
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11 January 2019 | 12 replies
Match your local comps or go slightly better.
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23 April 2019 | 9 replies
I'll save myself dozens of hours every year and probably still get the same result as if I had personally reviewed with each tenant.
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24 April 2019 | 17 replies
I'm curious about something though, if the PMC has been given a clear profile of what a qualified tenant looks like and they put someone in a unit that they haven't fully screened or for some other reason slips through the cracks, shouldn't they have some financial responsibility for the lost rents, cost of evictions and any required rehab work that is a result of that?
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23 April 2019 | 1 reply
Not the two years you read about on google search results from 2+ years ago.
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23 April 2019 | 9 replies
I just wanted to consider the end result if that changed anything in the long run.
28 April 2019 | 10 replies
It takes time, but you would be suprised at the results.
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25 April 2019 | 17 replies
Unfortunately, the execution of the program and effectiveness of the program is not achieving the desired result, in my experience.I have had really bad tenants that happen to be part of the voucher program and I have had (and currently have) really great tenants on the voucher program.
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4 May 2019 | 7 replies
On the other hand, I lived in a condo once where the owners were majority young professionals, didn't want or afford high HOA fees, resulting in frequent budget busting special assessments.