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11 July 2024 | 5 replies
@Daniel BaradRecommend 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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12 July 2024 | 48 replies
He can also walk you through the actual acquisition process if you've never bought rental property before.I would, however, encourage you to do your own due diligence when analyzing the market and the actual property you are looking at.
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11 July 2024 | 10 replies
On the RTR website under education, then tools, we have a free portfolio calculator that I highly encourage you to play around with as well as that allows you to evaluate both individual properties, but also a portfolio as a whole.
12 July 2024 | 18 replies
This can be a very expensive mistake if you don't make the phone call to check.I am not going to choose sides or define multi-family because the original post didn't ask that and also because the answer will vary from one town to the next.I encourage any current or future readers of this stream to look at the original post then follow the advice I have given and will repeat one more time - if you don't know 100% for sure if your intended use is allowed whether by change in use or grandfather status, then call the LOCAL code enforcement office, explain to them your specific situation as well as your intended use, and let THEM advise you.Disclaimer - this is not to be considered legal advice, but I am beating my head against the wall explaining it because it is an elementary lesson in real estate.Best of luck to all.
10 July 2024 | 4 replies
Hello BiggerPockets Team: I listened to your podcast for a couple of years now and I finally managed to purchase my 1st home in 2020 with encouragement from everyone you had on your show.
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10 July 2024 | 24 replies
Edna~ I know you are looking to invest in cities closest to the Canadian border, however, I would encourage you to cast a wider net as you can find some excellent cash-flowing properties throughout the SE USA.
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9 July 2024 | 2 replies
Since access to Internet service varies by location within/around Fayetteville, I encourage them to check with their preferred provider.
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12 July 2024 | 155 replies
Additionally, I encourage you to focus on your earnings and side hustle if you can to save up money for a buy and hold investment.
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10 July 2024 | 4 replies
So, I'd encourage you to pursue business acquisition if you have the skills to manage managers.
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10 July 2024 | 6 replies
This might help you get a bit of breathing room to address the bigger maintenance issues you mentioned, like the garage roof and leaning trees.It’s also important to find a support system, whether it’s other landlords who understand what you’re going through or a mentor who can offer advice and encouragement.