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28 April 2024 | 2 replies
If you really need a partner, consider looking into local meetups and regional conferences to meet people.
28 April 2024 | 2 replies
Targeted advertising: Use geotargeting and other advanced advertising techniques to target potential buyers in specific geographic areas or regions where there is likely an interest.4.
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30 April 2024 | 27 replies
I have been a landlord and investor for over a decade AND also work as a senior/regional property manager so I feel like I see both sides and have some good insight on this- manage yourself if you have the time and fortitude to do so, you will make mistakes but it will pay off, get a real estate license (not hard to do plus you can sell and buy properties and get commission) and know the laws, be willing to do the research, NO ONE IS GOING CARE AS MUCH ABOUT YOUR PROPERTY AS YOU- that being said, not everyone wants to has the time ect or headache or likes asking for rent…FIND A MANAGER THAT ALSO IS A LANDLORD INVESTOR, I can’t tell you how many property managers I’ve tried training and that failed at our company because they just don’t get it from an owner or investor side, like “no tenant we aren’t going to come replace your stove again, no we aren’t going to clean your bathroom cause you didn’t , ability to analyze when to do maintenance and not, ability to explain to tenant owners POV, I tell every owner I am not telling you anything I haven’t done or I’d do my self, a lot of property managers are blue colar type workers and have never invested in their life and just done get it, 4 out of 5 property managers fail at my company because of this especially for single family homes, find a PM with speciality in SFH for your area, for example, a PM in Birmingham MI (upscale area) will fail in Detroit or lower end markets (but that’s were the best ROIs are)
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28 April 2024 | 5 replies
MFH supply is somewhat limited in the northern coastal region (Myrtle Beach, North Myrtle Beach, etc), but it's certainly still a viable strategy.
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28 April 2024 | 3 replies
To obtain $200k worth of cash flow at current interest rates would require around $7M worth of purchased real estate in the NY metro region if they all had loans at their nascent stage.
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28 April 2024 | 9 replies
This was another bank but regional unlike the Top 10 bank I used for personal & commercial.My other top concern is this even worth it?
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28 April 2024 | 19 replies
@Chris AdamsIt is absolutely a regional item.
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26 April 2024 | 0 replies
Winston-Salem is a small city located in the Piedmont region with an estimated population of 253k and a Metro estimate of 695k.
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26 April 2024 | 2 replies
For reference they are a regional state bank.
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26 April 2024 | 3 replies
We are the second fastest growing metro in the Great Lakes region.