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3 January 2025 | 8 replies
.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
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6 January 2025 | 38 replies
(Unfortunately, the investor fell for this gimmick and did NOT get their own 3rd party inspections, appraisals or even visit the properties they were buying, against our best efforts to encourage proper due diligence and follow our check list for their own protection.)So now some people are stuck with properties worth half what they paid (not all RWN members), with no renovation done, and constant repairs and vacancies.
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1 January 2025 | 22 replies
You want a hustler, not a top performer, if you want check-ins.I appreciate the candor and would definitely agree that my framework is all in theory until I can get a proof of concept for these out of state deals.I like your idea of pushing my boundaries in CA.
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5 January 2025 | 2 replies
I feel like there are some strategies and follow up I'm missing and hoping to work for a capital raiser or an investing group as a capital raiser, so that they can focus on what they excel at, rehabs and project management.
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6 January 2025 | 7 replies
I most definitely will follow pursuit, thank you for the insight and advice.
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4 January 2025 | 11 replies
It's important to follow your state’s tenant/landlord laws and maintain a record of any essential notices given.
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1 January 2025 | 3 replies
The breakdown is as follows:2 bed / 1 bath1 bed / 1 bath1 bed (studio) / 1 bathThe property was previously rented out for a combined total of $3,400 per month.
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6 January 2025 | 2 replies
I've incorporated the following assumptions across all my deals,1.
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24 January 2025 | 36 replies
Many successful investors follow a similar path to grow their wealth over time.
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26 December 2024 | 8 replies
The first pieces (literacy, metrics) and the following ones noted above are pretty straightforward.