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9 May 2020 | 7 replies
In a wholesale purchase agreement, I have two important clauses, "Assignability" and "Specific Performance" so no need for me to upload full contract, just keep those two terms in mind.
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27 August 2020 | 6 replies
See also these BP posts, MSA vs city vs county historic price performance.
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17 July 2020 | 13 replies
I also perform virtual tours via Facebook messenger, its a good way to do live video tour and have questions answered on the spot for perspective tenants without having to have their contact info, not to mention doing a bit of peeing as to how they live on their FB feed.
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26 August 2020 | 17 replies
Any improvements in performance on top of that will be gravy.My 8 to 12 objective will be met once Phase 2 is completed, versus the 14.0 years shown above.Phase 2 is where you make your real money.
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23 November 2022 | 17 replies
So essentially it is a new STR with zero performance history.There must be some pretty flexible underwriting going on.
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22 November 2022 | 5 replies
The nice thing about using the loggers, you have a nice graph that will show exactly what happens over time so you can accurately assess the performance, proving to the tenant that you are (hopefully) meeting the minimum temperature requirements for housing in your locale.
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23 November 2022 | 8 replies
You want to ask yourself, how would this property perform as an investment the day I move out?
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23 November 2022 | 7 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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23 November 2022 | 2 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1946479/small_1621516901-avatar-xaviera31.jpg?twic=v1/output=image&v=2)
9 December 2022 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?