All Forum Posts by: Xin Peng
Xin Peng has started 5 posts and replied 16 times.
Post: How to reach out to property managers for informations
- San Francisco Bay Area, CA
- Posts 16
- Votes 0
Quote from @Eliott Elias:
They want your business. If you tell them to find you deals and have them PM it they’re more likely to work. A lot of times property managers list homes, they can build a list of investors to send deals to before they ever list
This is a very good hint, thanks Eliott, appreciate it!
Post: How to reach out to property managers for informations
- San Francisco Bay Area, CA
- Posts 16
- Votes 0
Thanks Louis, very helpful! Wondering where you found the reviews from tenants.
Post: How to reach out to property managers for informations
- San Francisco Bay Area, CA
- Posts 16
- Votes 0
Quote from @Nathan Gesner:
Quote from @Xin Peng:
However, I'm wondering:
1. Why a property manager would help me on those things.
2. If the advice is one should build the relationship first, how I should go about it. Shall I just call their office or just walk in or make an appointment in their spare time and buy a cup of coffee for them? Are there any things to pay attention to?
Thanks!
Property managers may help you with these things, but they probably won't spend a lot of time on you until you become an actual client. I'm an experienced guy looking to buy in another market. I found a PM and they offered to cross-check properties for me. So far, it's taken them about 48 hours to respond to my requests to check a particular property, which is too slow for me. Once I become an actual client, I would expect them to be more responsive.
Post: How to reach out to property managers for informations
- San Francisco Bay Area, CA
- Posts 16
- Votes 0
However, I'm wondering:
1. Why a property manager would help me on those things.
2. If the advice is one should build the relationship first, how I should go about it. Shall I just call their office or just walk in or make an appointment in their spare time and buy a cup of coffee for them? Are there any things to pay attention to?
Thanks!
Post: Increasing the rental as a new owner
- San Francisco Bay Area, CA
- Posts 16
- Votes 0
@James Alderman Thank you! Make sense to me.
Post: Increasing the rental as a new owner
- San Francisco Bay Area, CA
- Posts 16
- Votes 0
Hi, I'm under the impression that as a new owner, it's easier to (vacate the tenants and) do a renovation and/or increase the rental, wondering why. Is it because usually the lease agreements were signed with previous owner, so the new owner is not subject to those terms?