All Forum Posts by: Kaelyn Motzel

@Cody Caswell Awesome, thank you so much! Will definitely give them a visit

Hey @Cody Caswell! Do you mind sharing your Houston contact? 

I would offer cash for keys directly to the tenant (not through the PM you hired). And also look for lease violations to start eviction process if they do not want to accept cash for keys. 

Also huge red flag when PM won't give you their tenant screening report. This is very easily downloadable 

Highly recommend Ehab! He's got a ton of experience flipping and is a phenomenal airbnb mentor https://www.instagram.com/rehabwithehab_/ 

In my experience (for multifamily), the housing agency takes comps from other non-section 8 residents in the same complex in order to come up with their number. I've never had one come back at full FMR. A few times they have used complexes nearby as well.

NO EXPERIENCE NEEDED!!! We are seeking a talented Leasing Consultant gent to join our growing team! The ideal candidate for this position will enjoy fast-paced work, show creativity and have a high degree of professionalism when working with our residents. Our Leasing Agent is responsible for creating and maintaining successful relationships with tenants and closing rental inquiries efficiently. If you’re an enthusiastic, perceptive individual who’s eager to learn and grow with us, this position is perfect for you. This position also offers a flexible schedule! 

Responsibilities

• - Establish rental rates by researching local markets and calculating costs to ensure fair and accurate pricing
  - Show units to prospects and close sales
• - Aid in communication with residents
• - Ensure properties are ready for move in
• - Inspect properties after move out
• - Facilitate lease renewals

Qualifications

• - Extremely organized
• - Excellent communication, negotiation and skills
  
• - Past sales experience is preferred
• - People friendly
• - Ability to use computer programs such as Microsoft Office, Excel and Publisher

Benefits

• - Participate in investing opportunities 
• - Work alongside sophisticated investors with over 7 years of multifamily experience
• - Flexible schedule
• - Upwardly mobile opportunities within the company

Job Type: Part-time (with potential to be full-time)
Salary: $14.00 - $26.00 per hour

@Kevin Wood has over 600 in Houston 

I'm from Simi, moved to Houston a few years ago :) Happy to send you some referrals!

We recommend managing yourself if you're house hacking and it's less than 4 units! It's a good learning curve

Capital improvement hold backs can vary a lot. You can get a better idea after inspections and your lender will also have requirements there. 

Crushing it in apartments and commercial real estate is a great book. There are so many. Joe Fairless also has a book and great podcast on syndication/apartments. 

There are tons of great groups in Houston! Meetup is a great start and then I try and ask people what their favorite monthly even in Houston is. 

I always recommend involving your PM and a GC (if needed) as soon as you are under contract. And any necessary inspectors depending on what your lender is requiring.