All Forum Posts by: Noam Adler

Hi
I wanted hear about people's experience getting approved by HUD to be a property management company for a HUD-operated building. (This is not a Section 8 unit, the whole building is controlled by HUD). HUD told me that one can only manage the building if they have prior experience, so how does anyone ever start?

Thanks

Noam 

@Casey Christensen What size are you looking for?

@James Wise

@Michael Ealy One truly amazing story. Wish you many more of these.

1) I'm in the process of opening up a property management company in Cleveland Ohio. I'm doing this to learn the market from the ground up and hopefully find deals like yours.

2) I'd love if you could send me the video you made about getting deals like this.

Once again congrats.

I think it all depends on what type of property your doing the landscaping too. If it's a rental you could possibly get it filled faster and at a higher price. For appraisal purposes it will depend on commercial or residential. If its residential its manly based on the comps so hard to believe that it will make a huge difference.  However for multifamily buildings were most of the value is based on cap rate, obviously it can't change the cap right but it can help change the way an appraiser will look at the property and therefore add value. 

Side note read in a book once that the landscape and curb appeal help bump the appraisal up 12 mill from 89 mil to 101.

best of luck

   Hello BP Community,

Over the last two days I found that two "guru's" in the RE world one was a convicted child molester and the other a scammer,  not to mention Scott. Cant forgot Morris either. Is this something in all industries or more in the RE world. 

thanks

wishing everyone to stay financial safe

Sounds like it's either time to hire a property management company or use a phone service that connects your tenants to your maintenance staff/companies. 

Congrats on the new doors!

Before you look into them, do a search in the forums to see if people are happy with them or not.