Matthew Ries
What would you offer?
Looking at a Quadplex in a nearby city. Just curious how much you would offer, and at what point you would no longer consider buying.Background4 plex - located in a C+ area. Half a block off the frontage road to a v...
Zachary Schimenz
Are bad neighborhoods really bad if you have a property manager?
I hear the advice pretty often that you want to stay away from D neighborhoods, but if you're hiring a property manager anyway, why does this matter? You won't have to visit the property anyway, so as long as the num...
Brendon Bourne
Property Management Best Practices
Hello,I work at a small private equity firm in Boston formed in 2021. We have 7 buildings in Boston with 201 doors. I helped with the acquisition of all of these buildings. We previously outsourced all of our property...
Jonathan Johnson
When is an on-site manger is needed for Apartments?
Hello BP,I'm looking at a 100 unit purchase of 2 buildings. One of the opportunities I see in the apartment is they have a lot of staff.The management on payroll is as follows: Maintenance at $19.50/hr; Part-time main...
Ryan Peach
Where should I invest next?
My goal is to "retire" in 5 years. I want/need roughly $8,000/month to cover my current income and benefits. I live in Evansville, which is growing but still a small/mid market. It is currently saturated with investor...
Perry Apawu
Being persistent with marketing.
I was just wanted to get some ideas from everyone. How do you stay persistent with marketing when you don't have a big budget, right now my budget is about $200 per month, now I know that is not a whole lot of mone...
Alex Babayev
Woodstock, GA Value Add Flip $60K+ Profit (Analysis)
We bought this outdated 3BR 2BA SFR in Woodstock, GA on Januaryry 27th 2017 off market through an agent who we networked with in 2016. We paid $105,000 Cash for the house. Demo started on February 1st and took 47 d...
Alex Sarnoff
Why would a multi-tenant industrial or retail property NOT achieve the listed NOI?
Soon purchasing my first commercial property, I am looking at multi-tenant NNN industrial or retail. It seems like other than capex that the landlord is responsible for (typically roof and HVAC) there aren't many reas...
Chris Virgil-Stone
How I increased equity 33% and lived rent free for 2 1/2 yrs
I purchased my first property in March 2013 right after graduating college with a bachelor’s in finance (Dec ’12) and months after getting my first professional job as a staff accountant (July ’12). Making $35k /yr wa...
Account Closed
Marketing for sellers-automated mass voicemails
I have been looking for ways to streamline my marketing. In the past, I've been doing a mix of yellow letters and calling people. Although it sucks to do, calling people has been way more successful. Even if you en...