All Forum Posts by: Trent Currie

I would be surprised if they don't do some sort of hybrid realtor listing system similar to auction.com. I could see realtors loosing a majority of their function for facilitating sales outside of being buyers reps. Even then electronic access to properties is becoming more main stream where realtors don't need to be present to show a property. How long until they eliminate realtors as well?

Zillow is going to start flipping homes.

https://stratechery.com/2018/zillow-aggregation-an...

Short ver.- They have changed their business model and are testing an instant offer option to visitors of their site. Currently they are the number on site for owners to visit when considering real estate options.

I'm curious to know how everyone feels this will affect your business and model. With a highly reputable and reliable offer will most flips be bought up and or margins shrink to points where you will not be able to compete?

How will you market to compete with the largest aggregator of real estate traffic who has now taken part of your business?

First like @Dale Walker said you gotta take a look at the lease you have with the tenants.

This is a private company, but their explanation is really good. They have some great blog posts. Ratio Utility Billing Systems

http://www.amcobi.com/index.php/utility-billing-services/ratio-utility-billing-services-rubs

How is your lease set up?

There are a lot of companies set up to do RUBS billing. For your situation you could easily do it yourself through splitting the bill based on occupancy, square footage, beds, or other factors.

Ahh the name of the conference is Collision. Check it out at https://collisionconf.com

Hello everyone! Our team will be at the tech conference in New Orleans starting tomorrow. We ended up with an extra ticket for the event. If you are a local real estate expert who is interested in seeing the latest in tech and tech for real estate send me a private message. We will be giving away the free ticket tonight!

What about a pay to move? Give her cash the second she hands over the keys.

They might have mail forwarding. Mail an envelope to the person's old address with "return service requested" above the delivery address. Send it . When they can't deliver it at the current address they will sometimes attach the new address to the mail.

First time I have ever heard of this happening. It seems only fair that they should cover the cost of damage to other peoples property.

What did your cap rate calculations come in at?

If it is an income producing multifamily base it on the income.