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All Forum Posts by: Jorge Roman

Jorge Roman has started 5 posts and replied 72 times.

Do you live in or rent the house out?

Post: General Contractor Greenville, SC

Jorge RomanPosted
  • Posts 74
  • Votes 12

@Scott Duerk @Jacob Allen

I actually work with several companies in the area and know a service that helps find contractors like this for you. PM me if you want more info!

Post: Recommendations for contractors in San Fran area.

Jorge RomanPosted
  • Posts 74
  • Votes 12

@Aaron Reynolds

My company works with a lot of contractors in that area, happy to help if you want to PM me.

Post: Need some advise in a rent ready quote

Jorge RomanPosted
  • Posts 74
  • Votes 12
Originally posted by @Sasha Koen:

I have been quoted $7087 to get my property rent ready again after a tenant was evicted please can someone offer me some advise on pricing

Trash out of unit $1270

Clean carpet $250

Remove kitchen floor and replace $975

Full paint inside $1840 2 bed home

Kitchen cupboard handles new bathroom floo new bathroom mixer rubber treads on stairs secure handrails new plexiglas on lower door window repair door hindges install new handle and locks adjust down spout $2182

 I know a company that gathers bids and helps with the recurring regular maintenance too. Let me know if I can help!

@Kenny C. What are you looking for in a property manager?

If you're looking to offload maintenance and tenant calls I can help you find a service for that!

Post: Looking for Turn Key Investor Advice

Jorge RomanPosted
  • Posts 74
  • Votes 12
Originally posted by @Mike D'Arrigo:

@Jorge Roman what's in it for the buyer? They're not getting a turn key property at all. The renovation cost is going to be out of pocket and they assume all of the risks of the renovation whereas with a true turn key, they don't pay for any renovation up front and thereby don't have the risk of the rehab not being done to proper standards or not even done at all. I just see the buyer taking on a lot of risk with no real benefit. Am I missing something?

 Sorry for the late response Mike!

So the benefit for the buyer is that they can either subscribe to 2 packages.

1)Full maintenance coverage plan that includes all sorts of day to day maintenance solutions such as fixing appliances, leaks, drains, and all sorts of day to day maintenance that may cost the homeowner an unforeseeable amount in the future. We create a fixed cost around this maintenance environment. Since in this case, our company would be completing the rehab we would know the status of the appliances and be able to offer 100% coverage AND replacement once the appliance wears down after several years with 0 deductibles. This can include a dishwasher, washer, dryer, water heater, etc. All of the regular home appliances that naturally wear down over use.

2) ONLY APPLIES IF THEY ARE RENTING IT OUT AND NOT STAYING IN THE HOME- They can just sign up to get a phone line that they provide to their tenants so that they don't receive calls anymore and our troubleshooting network can, troubleshoot, diagnose, and if necessary dispatch.

If you still don't see value I'd love more insight this only helps me understand our environment better.

Happy to refer a company that can field and dispatch maintenance for you if that's a management pain point for you.

what kind of services do you use? They shouldn't be able to game the system with a valid social tied to their name so I'm a bit confused by the nature of the question?

@Edward Bowlby

What are you using the PM company for? Managing maintenance primarily or what is the function you see them being most valuable for?

1) list now!

2) Look for services that can field calls for you, I have 1 I can recommend if you'd like

3) set up a list of need to knows and help by leaving some supplies behind so tenants can do it themselves and set up reminders to reach out to them!

4)Tenant screening services like Finret or Naborly can help you there!

5) No need, it all points back to you anyway regardless of LLC or not. Better if you intend to scale out.