All Forum Posts by: Quin Weidner

@Lou Santiago If you can afford to take a bit more of a risk, I'd manage the first property yourself. You might not save money, but you'll learn the ins and outs of managing a tenant. You'll get better at it, and might enjoy it while at the same time learning what to hire and manage in a paid property manager. And, if you find it easy to do (which it is when you have systems in place), you can save yourself 10-15% fees in management plus hourly rates for handymen. 

On the other hand, there's a risk to hiring your first property manager. They will make or break your profitability and getting the right one can be almost as hard as getting the right tenant. But getting the right property manager will scale to every one of your future properties; a good tenant you have to find over and over again.

If you live nearby and are a bit flexible, I highly recommend trying it out yourself. Ultimately, if you want to scale, you'll need a good manager. But knowing what it takes and what they do can be a huge help finding the right one.

Responsiveness. 

You know they're good at something when they not only return all your calls, but follow up and reach out to you before you do.

I remodeled a house out near Canyon Lake that was clearly a self-built house. It was not level and had some clear foundation issues.

But when we went to lift the house and fix the foundation issues, we found there was no rebar at all in it! This meant we could only reinforce the slab, but not level the foundation completely. 

Have to disclose it all, but there are buyers that don't mind a bit of slant. You can always try and cover it with the flooring and/or slope some new mud depending on how much of an area you need leveled.

Hey guys, I totally agree with following the neighborhood- we always do.

I'm doing a major 4plex renovation condo-split in a growing part of town and thought about it since I'd be getting 4x the "benefit" while only having to panel one building.

It would be out of the ordinary in that area, so I was curious if anyone has done comps on something like that.

Has anyone run comps on similar houses with and without solar panels? Has anyone sold properties with them?

I'm curious about how it would affect sales price and whether it could be a value add on a flip after collecting state rebates and tax credits.

I've been able to find the names of parties involved in cases, but can't find the address of the case.

How can I get the address?

I'm looking for evection records that can give me the address of the dwelling. I'm looking to market to the owners.

Any ideas here? So far, I can only find eviction records that give me names of the parties.

Does anyone know how to pull eviction records in Texas?

That might not make it on an Airbnb, but it's always worth a shot!

Whenever I'm interested in testing those numbers, I just put up ads various places and see what sort of a response I get. It doesn't hurt to try! 

Jen, I grew up in Staunton and rents/airbnb appeal can change drastically from one street to another. Do you have a location in mind, or are you just looking to analyze the market?