27 August 2024 | 2 replies
@Jay LindgrenRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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27 August 2024 | 12 replies
The real kick in the pants is that EVEN IF the doomsday scenario occurred, since the price point is so low the property would still cash flow as a SFR - but the underwriters don't want to hear that.
30 August 2024 | 30 replies
he said after 40 years w his clients he's observed that its easy to get into real estate investing and much harder to exit real estate investing.
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2 September 2024 | 31 replies
Below are a few things I look for in a vacation rental cleaner:1) Hot Tub Maintenance: Since many of my properties include hot tubs, it's essential that my cleaners are experienced in testing water quality and adding the appropriate chemicals as needed. 2) Clear Communication: Real-time communication is crucial for me.
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1 September 2024 | 8 replies
Not to knock schooling, I have an advanced degree myself, but I recognize that no one would work for me that I would want running my show.There is a lot showing in your frustration, I feel for you, but it's a challenging time in the industry and without experience and the advantage of having been through a few down cycles, you may just need to read about the down side of real estate to get to the next level.
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30 August 2024 | 7 replies
I'm Ryan from Austin, passionate about real estate investing for the past few months.
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29 August 2024 | 43 replies
Think about how can you make your property a no brainer when having to decide between an apartment and a home. 2-Contact homeowners who are not in your close proximity, so they do not feel threatened, and ask them what are they seeing in the market, and how are they are adjusting (most likely you are not the only one who is experiencing this). 3- If you decide to work with a real estate agent, use one that works with rentals, and better yet, someone who specializes in property management as well, because they will help you weed out bad applicants. 4- This last one I do not have experience with, but I would definitely try it if my rental was near a hospital: Partner with a company that finds housing for traveling nurses.
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26 August 2024 | 2 replies
Real estate wire fraud is becoming more common every year.
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31 August 2024 | 5 replies
A good PMC can assist with all of that for a Placement Fee.NEVER trust a real estate agent to do your screenings, as they have a conflict of interest - they won't have to deal with any tenant issues once you pay them their commission.
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30 August 2024 | 3 replies
New to the world of real estate but excited to learn!