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31 January 2025 | 19 replies
I'll add that you must manage yourself for at least a year (all four seasons, etc.) to have a real understanding of what you want done and how much you would value what is offered by STR PM.
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13 February 2025 | 5 replies
I'm a part-time CFO (Chief Financial Officer) for real estate developers across the country, most of whom are trying to give back to their communities through their real estate development skills.I'm also a former Director of Lending for a CDFI that lent money to local developers rebuilding LMI and under invested communities.
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8 February 2025 | 14 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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11 February 2025 | 13 replies
You don't have to answer that, nor can you because it's subjective, but the point I'm trying to make is that they may not view it as a great deal as it currently exists.
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18 February 2025 | 7 replies
Why don't you try the bank you do banking with..
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18 February 2025 | 51 replies
happen to see your reply and I currently own a several SFH in Springfield, I wonder if you can refer several good property management which I try to automate the whole portfolio?
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10 February 2025 | 11 replies
Multiply that by 8 properties and that adds up quicklyAt this point I've amassed around $150k in debt, I'm spending hours a day trying to find large multifamily properties with nothing to show for it and the whole passive income dream I was sold seems to be a huge lie.
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9 February 2025 | 3 replies
I heard lots of scammers also trying to go off the app and then they say now need to evict me which takes 6-8 months in Chicago.
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25 February 2025 | 6 replies
I've tried and vetted many different PMs.
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7 February 2025 | 40 replies
It seems Safeguard is genuinely trying to clean up the Jackson, MS, mess but they are also marketing lots of other deals in other cities still.