Choosing a Contractor
Saturday, February 15
Some Tips for Choosing a Contractor •Licensed/Insured (request current copies) •History of successful performance- check references, look at pictures •Ask detailed questions about how they will perform the work •Do they look professional •Do they answer their phone and return phone calls •Is thei...
Setting Appraisal Goals- SomeTips
Saturday, February 15
Below are some tips for setting Appraisal Goals. Do not walk into an appraisal without thoroughly planning out a strategy to maximize the outcome in your favor. Here are some tips: •Evaluate current comps and reasons for value (print pics and mls listing). Make a spreadsheet to compare features a...
BLENDED PORTFOLIOS and why you need to keep an open mind!
Saturday, February 15
Below are some examples of the types of deals you will run across that you need to know how to close and make money on. Don't be a 1 trick pony. There are not enough of any 1 type of deal to prosper long term in the Austin, TX and surrounding market. Traditional 25% down purchases- (Rental)Hard M...
Getting the most value out of your REFINANCE APPRAISAL after rehab
Saturday, February 15
Here are a few tips to keep in mind when you are refinancing your rentals from a rehab. •Have a thorough list of upgrades/enhancements for appraiser- meet them at house to review- share expectations based on original appraisal if you had one done and original comps used. You can't push this but ...
How to MAXIMIZE Rental Property Income
Saturday, February 15
Below are some variables for maximizing your rental property income. PLEASE avoid buying properties randomly or based blindly on some ratio or formula in a spreadsheet. Every property must fit within your short term or long term investment goals. If you do not have a plan or goals any property wi...
What happening right now in Austin!
Tuesday, May 15
It is not secret that the Austin market is tough on investors right now looking for good ARV deals. A few of the reasons are listed below.1. too many investors2. too many investors paying too much money for deals3. Inexperienced investors in the market4. more educated sellers5. over marketed to s...