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19 November 2024 | 24 replies
Good points, I would just insert that most delays nowadays are not the fault of the contractor, but rather the customer who is constantly changing things in the original scope of work.
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14 November 2024 | 5 replies
Also, @Joshua Stanton, how do you protect yourself/assets if you can not deed the property into an LLC?
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13 November 2024 | 8 replies
Depending on what type of relationship you have with your lender you can have them disapprove the loan to protect your EMD. 3.
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16 November 2024 | 17 replies
Instead of increasing rent, I would look at having the security deposit increased to protect against wear and tear.
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15 November 2024 | 5 replies
To protect yourselves, ask the sellers for written documentation confirming that the tenant is back-paying.
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14 November 2024 | 6 replies
All three generate leads from insurance claim residents and traveling professionals (medical and the trades).One of the advantages of FF has been that it's forced us to have systems in place to create leases, accept security deposits without co-mingling and provide "live" customer service.
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14 November 2024 | 21 replies
You buy the property, you give the tenant notice of a pending increase, they pack up and leave, then you spruce it up and rent it at market rate so it's a profitable investment.When egg prices double, do you think the local grocer cries in his coffee every morning about how inflation is impacting his customers?
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11 November 2024 | 6 replies
Nothing beats a custom optimized CRM to fit your needs and how you do business.I honestly feel like everyone selling CRM try really hard to make people believe they need an "out-of-the-box" system, but this truly HAS to be customized to how you manage your leads.For Lead generation we leverage GrumpyHare.
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15 November 2024 | 7 replies
Duplexes are worth quite a bit more per sqft than Fourplexes as there is a larger buyer pool and it opens to the non-investor customer.
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13 November 2024 | 7 replies
A builder’s risk policy is also worth exploring, as it can protect the property, materials, and equipment during your restoration work.