All Forum Posts by: Matthew T.

For those buying properties on larger scale where they have to evaluate hundreds if not thousands a week.  How are you automating the the process of finding ARVs?

@Sean Weichel

Check your state laws. Each state has different regulations on how rents, security deposits and past months rents are to be handled.

@Robert Mitchell

Every area is different. I have had over 1000 section 8 clients from and around Springfield,ma. As with any tenant the key is your screening process and the systems you have in place to evict the tenant that does not comply with the lease/rules.

@Janina S.

My rule is the 10 * 80 * 10.

10% of your tenants are going to be amazing

80% of your tenant are not that bad

10% of your tenant are horrible

This applies to section 8, blue collar and white collar. Your job ( or your property manager ) is it minimize the time you deal with the bad 10%>

@Greg Devlin

Feel free to PM me

@Greg Devlin

The Holyoke and Springfield markets are very hot right now.

@Scott Trench

Well said Scott.

I just turned 40 this year and have been constantly investing in real estate since I was 16.

One can not time the markets with any pinpoint accuracy, but one can be constantly aware of what is going on in a micro and a macro perspective and using some common sense as to where things might lead and how to position yourself to take advantage of that. With real estate not be a very liquid asset class the market does not turn on a dime.

Back in my early twenties I tried investing at a distance and even though I thought I setup systems to protect my investments it was much more difficult that. I had anticipated and I lost everything I had invested. There are more opportunities out there today then there have ever been. And with new technology you have so many things at your finger tips. Not to mention platforms such as biggerpockets to access a wealth of knowledge to help steer you in the right direction.

@Nathan G.

Agreed. You can make money in all phases of a market. You need to just be able to see the signs and pivot as needed.

Any updates in this space?  I am looking to try and utilize chatbots for lead generation

@Greg Devlin  the market is strong right now.  Properties ( mostly singles, two and three familes ) are selling fast and for top dollar.  I have not looked at the larger buildings so I can not speak for that part of the market.  Feel free to PM me with you would like to talk more.