
4 January 2025 | 2 replies
It’s also worth verifying if Beaumont and Port Arthur have any specific contractor registration or insurance requirements, as local compliance can sometimes impact project timelines.

3 January 2025 | 45 replies
I learned a lot from both projects and hope to learn more.

6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

7 January 2025 | 3 replies
It reminds me of a project I helped with in Sacramento..

4 January 2025 | 3 replies
While every project is unique, the basics he highlighted are essential parts of any construction contract.

7 January 2025 | 3 replies
The customer feature also links to the project feature if you want to make use of that eventually.This structure works great for our clients and their tax pros.

7 January 2025 | 3 replies
I don't necessarily need the standard features of pm software, such as rent collection, bookkeeping and maintenance requests, though that could help; but do need a clearinghouse of important information, such as leases, legal docs and other information; maintenance vendors I use; maintenance history; and some kind of tracking system, where I can record the various current projects I'm working on within the business.

6 January 2025 | 3 replies
I tell people the harder it is to zone your project, the less chance a competitor will come nearby.

6 January 2025 | 5 replies
Do you have any projections for what will happen with the insurance market for this year, or is it even possible to project?

4 January 2025 | 4 replies
The other thing could be tracking what you have had come up on the last 5-10 projects after closing, i.e. the water heater was at the end of life when we bought the last 6 out of the last 10 properties.