6 September 2019 | 0 replies
Scenario: You are tasked to create the BiggerPockets curriculum for someone brand new to rental property investing.In what order do you have the students read the currently available BiggerPockets books?
11 December 2018 | 52 replies
If he is qualified and vetted , then there’s no harm in allowing him to complete the tasks needed but, instead of allowing him to price it out fir you .. you should have a good idea of costs associated with repairs needed and you set the price .. write a agreement with scope of work and explain that you have no problem reducing it from his rent but the only after work is completed .. you never should pay upfront for any repairs .. ever .
27 April 2021 | 18 replies
Too bad there's not a market place in every major city for HNW individuals who are open to lending their balance sheet to "credit enhance" the sponsor (assuming the sponsor track record and deal economics make sense).
5 April 2017 | 18 replies
How do I know that information isn't "enhanced"?
25 October 2016 | 6 replies
I just don't have a lot of time to dedicate to wholesaling , here in lies the problem because I have always been the type of person that will only take on a job or task if I can have the right amount of time it requires .
29 November 2016 | 7 replies
I have a tendency to go all in, learn and read until my eyes bleed and eventually master any task at hand.
8 June 2023 | 4 replies
For new vendors, it may also be helpful to video record the contractor or handyman walking through the property and explaining each task that they will do according to the written quote they provided.Fixed price – No matter how low the rate, you cannot afford to pay hourly.
12 July 2023 | 0 replies
Examples can be after hour support, 2 VA's to focus on different areas and produce more in the same time period at a fraction of cost.Property management companies struggle with the following:Out of hours maintenance and maintenance coordination.Communicating properly and more with prospective tenant leads.Answering too many calls if a bigger portfolio.Following up on delinquents.Any tasks that managers don't like doing.Every other property management company I talk to is short of staff.Local hire always take time in getting trained.
4 March 2023 | 54 replies
I do typically buy turnkey and leave room for a budget of $3500-5,000 to create some sort of fun or enhanced space.
14 August 2023 | 6 replies
You can get a good deal or a bad deal on either.It might more come down to how much confidence you have in your ability to get a value add up to where you envision it, coupled with your risk tolerance.Which one are you more confident in putting your money in, and do you want to work at the rehab tasks that you must.Just my 2 cents.