So, if you fail to apply the correct assumptions to a property, your expectations won’t be met, and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met, and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.

--- Owner just hired us because we showed them that 2-3 years of rent increases they failed to do would cover our fee:)2) Expertise - they don't know how to:- Properly advertise their vacancies- How to really screen applicants, including fake service & emotional support animals- Create a robust lease, compliant with federal, state, & local laws- Handle nonpaying tenants- Evictions- Etc..NOTE: if they had more time, they could learn all this.Finding more clients: find out where they are and be present.This could be in person networking or online.How many agents have you approached for management referrals?

Inexperienced wholesalers often fail to account for all potential costs, including holding costs and unexpected repair expenses, cutting into their already thin profit margins.Experienced investors know which wholesalers consistently produce accurate deals and which ones don't.

@Eric Samuels If you parents have to leave due to disruptive conditions the landlord fails to address, then in some states that is know as "Constructive eviction"  In other words your parents leaving is essentially considered an illegal eviction by the landlord.Your parents could be due damages for having to leave.

I got someone who complained about an insect getting in the pool, despite the fact they never swam or sat outside their entire visit; they had messaged me after they left about it and I suspect they were angling to try to get some money out of me, and when I failed to give them any they left me a poor review with that complaint. 

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.

It also can help avoid surprises like a costly plumbing problem, a failing roof or an outdated electrical panel that could cause financially stretched buyers to bolt before closing.”What’s a Pre-Listing Inspection?

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met, and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.

This is how you will fail and lose money.