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6 December 2021 | 3 replies
Anyone can wholesale as you know, but what makes a good wholesaler in my opinion is the quality of the numbers and data they supply.
8 February 2022 | 8 replies
One last question:Has anyone done the self sustainability test for 3-4 unit property insured by FHA?
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3 December 2021 | 0 replies
Ensure they are growing their depth with key management for continuity and that they are staying true to their philosophy and model, which should always remain conservative and tested.
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13 December 2021 | 18 replies
AirDNA is a great data resource but you must also peel the onion.
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8 December 2021 | 7 replies
From our website:Vacant Rental MarketingWe publish rental properties on 20+ websites, track all inquiries, showings and applications, so we can provide you with feedback via bi-weekly Property Marketing Reports.Here’s some of what our Marketing Department does:Marketing Pics are edited, so your property looks its best:Pics have our Watermark, to avoid crooks copying them and creating fake ads that may result in our ad being dropped from a website.Advertising is published on 20+ websites :We no longer use “For Rent” signs, they statistically attract lower quality prospects and increase the likelihood your property will have a break-in and theft.We track Web Views and Inquiries, analyzing the numbers to identify problems and trends.Showings are exclusively scheduled via our online scheduling software:Prospects can self-schedule at their convenience, 24/7/365, which increases showings.Prospects receive multiple automated communications after a showing, encouraging them to apply and give feedback.We track Scheduled Showings versus Completed Showings to identify potential problems.Our bi-weekly Property Marketing Reports show you Period & Total amounts for the following:Web ViewsInquiriesShowings ScheduledCompleted ShowingsApplicationsWe analyze this data to provide you feedback about what the numbers mean we should do to get your property rented faster.
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2 October 2022 | 3 replies
You can also edit the layer to add more data columns like value, taxes, insurance, beds/baths, square feet, notes, or whatever.
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5 December 2021 | 16 replies
Always ask for references before testing a new PM.
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5 December 2021 | 7 replies
There needs to be a 24 hour "water test".
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5 December 2021 | 61 replies
Without getting into all the nitty gritty details, I’ve got a lot of data on my tracking spreadsheet that tells me I’m only really collecting about 55 percent of the cash flow I expected for the 4 underperforming units.
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9 December 2021 | 10 replies
I would also recommend picking your preferred investment strategy first, then find a market where the data supports that approach.