All Forum Posts by: Allan Smith

List them on MLS. Then do marketing. Get the word out online and social media about how great the returns are in X town.

Oh my. You are very new to this. You need to sign up for a class or something. You have a lot of work to do.

CG is world class. 7 figure flipping I can't remember who does that one but it sounds like a guru name. Gurus are all talk.

Probably because they are bad at accounting or incompetent. I've had to hold my PM's feet to the fire a few times on that type of stuff. 

You could also consider some kind of secured trash system where residents have to use a code to access it. And then yes the cameras for people who dump it outside the secured area.

I have a piece of my backyard in the flood zone and I do not pay any flood insurance. Usually the building has to be in the flood zone. But if you were so inclined, you can come up with a new site plan, probably would want to have an engineer look at it, and then you would hire somebody with equipment to move the dirt around and read grade the property so that it's no longer in the flood zone. Pretty extreme but possible. Then you would have a surveyor reevaluate. I think they call it a flood certification

5 points?? That's not a private lender. That's a hard money lender.

that lender is for desperate borrowers.

I'll give you recommendations but ultimately you'll have to test your market with different types of advertising to see what works best for you. Even 2 investors in the same market could find different results. Bandit signs produced ZERO for me in 2017 (and were a huge pain in the butt), but I had buddies who got deals from them.

door knocking

Cold calling

sms

Mailers - PCs are cheapest and allow you to send more mailers with same budget.

Google and bing SEO

Facebook ads

Google ads

YouTube ads

Ringless voicemails

I understood them to be similar to standard real estate. Although there might be a bank here and there that doesn't lend on them.

all you have to do is run comps and compare the barndominiums to the other houses. They'll probably be priced similar.

This has inspired me to add an auto-reply in my prop mgmt software to say the price reflects all discounts. The software can detect if people are asking for a discount and send a template answer instantly. 

the discount people and the "are these dates available" people drive me nuts.