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All Forum Posts by: Brandon Wells

Brandon Wells has started 11 posts and replied 123 times.

Post: Smart Keypad Lock That You Can Change Code Over Internet/App?

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

We utilize a system called rently. They ha e bluetooth deadbolts that you can utilize for self guided tours while unit is vacant and then a tenant function onced leased. @Dennis Gallof

Post: Best methods to pay contractors??

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

I have found that the better you take care of your contractor and also look at it from there perspective, the better for all. To many times we use our "contractors" as lines of credit and don't realize that they have to make payments for materials and permits upfront (typically). For this reason I like to do 30% deposit when contract is signed. 30% when material drops or work begins, 30% when job is completed and I always withhold 10% until I can inspect the work. I know a lot of people will look at it from an increased risk pov, but honestly I have been doing this for years and have never been burned. The contractors seem to always go above and beyond for me. @Anthony Porembski

Post: Best property management program out there ? Recommendations ?

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

I am a big fan of Realpage. They do everything anyone would need and cover all aspects of your operation. Additionally they are always acquiring new data and tech startups to ensure they stay up to date with what the market demands are. @Rachael Schwalenberg

Post: Starting Out On My First Rental Property - Single Family

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

@Nick Hammen starting is always the toughest part. Good luck!

Post: meet up in Greenwood Indiana

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

@Braden Coleman ok. If we can garner some interest, I don't mind taking lead and setting up the place, topics, scheduling etc..

Post: RUBS billing company in Sacramento

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

@Johnny Awwad will do.  

Post: Free online courses.

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

@David Fontaine if you are interested, I have PDF version of the textbook I used while I was going through my classes to become a CPM®. It covers cap rates, cash-on-cash return, IRR etc. If you are interested I can email it to you, just send me a message.

Post: Addicted to ROI: The Best Places to Invest in Real Estate

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

@Jennifer Beadles that's awesome.  I live in Greenwood, such a great market.  

Post: Addicted to ROI: The Best Places to Invest in Real Estate

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

@Jennifer Beadles you do any investing in Indiana? 

Post: Property Management Mistakes

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

@Ken Miller as a CPM® myself, I can fully endorse your comment. Please feel free to reach out with any questions you may have about operational standards/best practices when it comes to property management.