
18 May 2024 | 1 reply
Everyone who touches the property along the way has to do their job, or at the end of the line, you'll have a vehicle with missing pieces, wheels that have fallen off, a vehicle that cannot be trusted and a client who will be shopping for a new PMC.

21 May 2024 | 33 replies
They said that they get permits as each city requires and that there are too many cities to keep current with every city in the Denver suburbs every year.

20 May 2024 | 4 replies
Trying to keep things as simple and as much data/admin work as centrally located as possible.Any feedback about either/both platforms is appreciated!

21 May 2024 | 2 replies
Very user-friendly.Buildium: Comprehensive property management features, solid financial tracking, and an excellent real-time dashboard.Propertyware: Extensive reporting capabilities with historical P&L, cash flow, and return on equity metrics.AppFolio: Detailed financial insights and an intuitive dashboard that keeps everything up to date.Checking out their demos will help you find the best fit!!

21 May 2024 | 11 replies
I'd recommend pushing density to 3 or 4 they all finance the same. we picked 3 because of the 35' height allowance in our area. here is a rendering to help paint the picture. our target appraisal value is 550k on the first few and pushing them to more than 600k as we sell some or keep them but if you are the only one building multifamily it's important to highlight the importance of appraisal and selling or disposing of some assets to create comparable to be used. our market has very little 2-4 units built because of economies of scale we are the only builder doing this style and we control the full process and it is a high barrier to entry where we are at. we are able to build at a lower cost now than almost buying a duplex because they are so small. each one is 668 sq ft total of 2004 sq ft.

21 May 2024 | 13 replies
You said you are ready to move on with another one, so are you keeping the current as a rental property?

20 May 2024 | 2 replies
Leaning toward keeping everything the same but not married to that idea.

20 May 2024 | 6 replies
Whether it's keeping their home or selling keeping as much equity as possible.

21 May 2024 | 2 replies
Keep in the mind the size of the unit--2 ton, 2.5, 3 all cost something different.

21 May 2024 | 4 replies
I would also recommend keeping a big, beefy emergency fund.