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27 September 2024 | 11 replies
Recommend 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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25 September 2024 | 4 replies
@Ivan WudexiRecommend 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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25 September 2024 | 4 replies
@Stephen Branagan Recommend 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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25 September 2024 | 2 replies
FMR for Section 8 is $1396 in my area for the BR count, I’ve already contacted the housing authority and have my units listed on the section 8 board.
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24 September 2024 | 5 replies
They create the team and a plan, acquire, due diligence, take care of loan products (If needed), oversee construction/renovation, hire property manager (or run in house management,) take care of accounting/taxes/K1s, deal with closing or refinancing.An LP (limited partner) just puts in the funds (after hopefully vetting the GP and team) and keeps fingers crossed while earning mailbox money.
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24 September 2024 | 2 replies
When looking for an investment in the Poconos area, I know it's best to look for higher bedroom count to encourage larger groups that can split a higher per night cost.
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24 September 2024 | 7 replies
Did they count that loan against you?
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24 September 2024 | 4 replies
The folks staying in your unit want a seamless transition to their new living quarters, and the person paying wants an easy way to cross out that line on their to-do list.
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24 September 2024 | 8 replies
@Steve K.From my experience, it's more important to find a broker who specializes in your unit count rather than new turnkey properties.
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25 September 2024 | 37 replies
Using just those variations of closing costs, Lender 1's closing costs would be (not counting our 2 points) $2595.