
5 June 2019 | 10 replies
@Idan Narotzki Careful screening, strong lease (and strong enforcement of it), diligent move-in/move out checklist (so they know you’re paying attention), large security deposit (I ask for double 1 month rent amount which in my area means $3-5k), avoid Class C-/D, find a good collections agency that will work on contingency basis, make your units as tenant-proof as possible with inexpensive yet durable materials, hold plenty in reserve funds, set proper expectations, communicate well but firmly and treat tenants fairly and professionally, and be willing to clean up a mess and fix things occasionally rather than pay a company thousands to do it for you.

8 June 2019 | 3 replies
Just try to use a flooring firm that you can trust.

5 June 2019 | 2 replies
Out of college, I started my career as a CPA working in one of the Big 4 national accounting firms, but I ultimately disliked providing information/support to the decision makers.
10 June 2019 | 3 replies
Mainly for 2 reasons: vehicle bonus depreciation (that way it is not split across the partners of my other firms) and to show banks a consolidated income stream from a single source for borrowing purposes.

13 June 2019 | 15 replies
The reputable firms wont do that, they get a lot of referral business from agents and investors, because they don't oversell.

13 September 2021 | 58 replies
Most people in CRE, REI firms, Development shops, Construction shops, Private Equity firms, banks etc have degrees in either RE or Business.

8 June 2019 | 5 replies
@Berkli Jo Boudreau I run a real estate appraisal firm.

7 June 2019 | 2 replies
I am days away from launching a property management firm in Charleston, SC.

8 June 2019 | 2 replies
@Kat He Anything is possible im appraisals is what ive learned over the years working at my appraisal firm. the appraiser can treat it as an amenity but it would likely be very hard to find comps or he could treat it as an extra bedroom/den/office and do a single line adjustment for the functional obsolescence of it being outside of your actual unit.
20 July 2019 | 5 replies
He is going to be working for a commercial brokerage firm.