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I had a couple questions about abandoned un-salvageable houses on otherwise vacant city lots that I want to buy and hold. The plan is to hold the lot for 5-10 years before doing one of three things: 1) sell as is, 2...
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NNN stands for net, net, net. These pass through expenses of leasing are portions tenants or lessees pay in addition to the lease fee, or rent to the landlord or lessor. The NNN fees are property taxes, property insur...
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Would you open our envelope (picture in comments) and read our letter? How can we make it stronger? What type of follow up would you send? How soon after the original letters?We've read a lot about "yellow letters" an...
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Good evening BP members,I just wanted to know what type of things do you all do to stand out in your competitive market.I live in Dallas and all I hear is that there is a lot of competition which in turn instills fear...
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Hi everyone. Looking to hear how investors are making themselves stand out in a crowded investing market. One thing we're doing is focusing on how to add non-monetary value add for our sellers. One thing we offer t...
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Hello Property Managers and Investors,I would like to start a productive little discussion on Buildium. The other day I briefly looked over the Buildium account of a PM company that has been in business for quite some...
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As a former Austin resident and someone still keeping tabs & also working part time for a small development company interested in breaking into Austin, what is the latest on Austin CodeNext? Where does it stand as...
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What's one software or system that's important to your business but that you can't stand?
Over the years on here I've seen some questions regarding people wanting to become Property Managers and how they would handle entering the data into a financial software program. What they don't realize is that there...
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What does the percent in the MAO mean/stand for? I understand there is a formula ARVx70%-repairs=MAO but what does the percentage stand for?