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23 March 2024 | 12 replies
Your Network = Your Net-worth"Been watching Evernest's video's and they share a ton on "everything and anything" property management related so that's been a blessing.Biggest take away when it comes to scaling a PM is to spread the word about what you're looking at doing and to build relationships.Local real estate events, NARPM, IMN, etc...You want everyone to think of you if they are looking at selling or if they know of anyone looking at selling.I use to be "loud and proud" and a huge extrovert but I guess "old age" has got me hahaI prefer drinking coffee and smoking a cigar behind closed doors.But, I guess I'll have to start "shaking hands" and "kissing babies" like a president when it comes to networking again lolMaybe even do a few video's while not wearing any pants heheBig hat's down to Matthew Whitaker for scaling the business so much.I remember spending some time together in Birmingham when he had a decent sized operation of around 1,200 units or so.Now they are 16,000+ 👏HUGE...We initially met as I was interested in selling our property management company in Toledo and now we are looking at acquiring others heheTime flies, things change and life is funny.Thanks everyone for your contribution and wishing you much success
23 March 2024 | 2 replies
I am hoping that the community can point me in the direction of articles, books, videos, etc. to look into.
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24 March 2024 | 27 replies
The reason I stopped building new spec houses is because the market and the high interest rates.
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26 March 2024 | 47 replies
The problem I find is I don't like putting in that much time doing research and field inspections (300-400 properties per week are auctioned) for such low odds that the property will sell at a price I need it to.....either the plaintiff will have a really high max bid set (like the full judgement amount) or another 3rd party bidder will bid it up more than it's worth. Â
22 March 2024 | 14 replies
We keep all business and personal separate for a number of reasons, and I highly recommend it for everyone dealing with the general public on a day-to-day basis.
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25 March 2024 | 14 replies
What I've seen work best is having VA caller prospect target lists of motivated sellers (high equity, older properties, driving for dollars, etc).
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24 March 2024 | 24 replies
I would highly recommend you look at Tampa.
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26 March 2024 | 28 replies
If we turn the tables and say it could be a 95% failure ratio. ( doubt it's ever that high but just for conversation sake) In general for the whole country if we count everyone.
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22 March 2024 | 9 replies
I am happy to send you my neighborhood grade map to help you get started.
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22 March 2024 | 17 replies
However I did some research myself on crime rates, and from 3 different sites, they all suggest that crime is rather high in that area:https://www.neighborhoodscout.com/tn/memphis/crimehttps://crimegrade.org/safest-places-in-memphis-tn/https://www.memphisdailynews.com/CrimeReport.aspxChecking city-data.com, the average salary for that median household income is around 39k.Also, the property value is listed at 145k, which seems like it is on the lower end.