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7 July 2024 | 7 replies
I would focus on established markets that are still showing growth and have more than just one draw.Taking my main market of Tampa Metro as an example - There is more than just beaches, you also have MLB/NHL/NFL + Spring break and MLB Spring training, aquariums, golf, casino, new downtown development, and a lot of business travel.You want to avoid markets with just one draw, as if something happens to that draw, you will be hurting for who knows how long.
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9 July 2024 | 197 replies
hahaI am not experienced nor do I have a contractor I can trust yet to give the property a once over for any potential big ticket items.
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6 July 2024 | 8 replies
These are professionals with additional training and a stricter code of ethics.
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5 July 2024 | 20 replies
They do a lot of training and have a lot of investors that will buy your wholesale deals. one of the best communities I’ve ever heard of, wish there was one like it in my market 🤣
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6 July 2024 | 7 replies
It was built in the 1920 and is over 100 years old, meaning that a lot of big-ticket components are past their design life.
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5 July 2024 | 10 replies
It's big business collecting "guru" fees to promote wholesaling. 100% of the wholesaler "gurus" make money promoting "easy", no money needed wholesaling.The wholesalers who do 10 deals a month will tell you they have a team, that means salaries, taxes, office space, training and they spend $50,000 to $100,000 a month in advertising.
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4 July 2024 | 13 replies
All of our agents are trained to be investor-friendly.
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9 July 2024 | 28 replies
You may want to consider investing in an on-site mentor to come train you.
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3 July 2024 | 1 reply
How did you go about interviewing, hiring, training and managing them?
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4 July 2024 | 8 replies
one of the partners that we went in on the deal with owned two other car washes nearby that are self-service wash style you mentioned and although our full service wash had a much higher average ticket value and overall more revenue, his other two washes averaged less than 1% in labor cost where our full service was would be between 20%-30% on any given day. we ran a detail crew of around 5 people and then had around 10 or so people on hand to handle the car wash traffic. we tried to get away with not hand drying the vehicles after they exited the wash but the previous owner had made that a staple of the business so when we stopped doing it people got frustrated and we decided to keep that a part of the process. in doing so that means you have to pay labor tax!