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24 October 2024 | 5 replies
(about $20K in profits) I've developed and perfected a strategy to manage these tenants (and I'm a Hilton/Marriott hotel General Manager so its not difficult for me)The only thing(s) that are in our way from scaling quickly is;1) a consistent unlimited supply of tenants looking to rent bedrooms, 2) a partnership with a rental management company (we arbitrage 50% of our homes)3) I guess some capital but really only depending on how quickly we decide to scale.MyRoom is the name of the company, (lazzarapm.com) anyone have any thoughts, recommendations, suggestions on how to achieve this, FAST?
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23 October 2024 | 13 replies
Do you perform regular preventative maintenance to avoid emergencies or are you more reactive?
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24 October 2024 | 4 replies
You should have someone local who can drive by to check on the property, respond to emergencies, conduct regular inspections, etc.
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23 October 2024 | 6 replies
By forming a property management company, you could deduct business expenses like office supplies, software, and possibly a home office, which you wouldn’t otherwise be able to claim.
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21 October 2024 | 176 replies
Real Estate is all about supply and demand.
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24 October 2024 | 0 replies
You can achieve this by regularly checking the Search Terms report, routinely searching for your brand on Google, and pulling the actual keywords that are converted in your CRM.
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17 October 2024 | 0 replies
The supply of homes for sale around the three county area of Sacramento has risen for the 8th month in a row.
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24 October 2024 | 7 replies
Anywhere else I'd recommend a regular fence that'll be low cost and efficient
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22 October 2024 | 4 replies
For example, on what I thought was a relatively simple project in a bathroom reno which was fully gutted down to the studs already, I had more than one quote for over $7k to run pex supply lines and rough in a shower drain and toilet drain off of an existing main stack, all of which ended up costing me about $200 in pex lines, PVC fittings, and sawzall blades.If you need any hardwood flooring repaired, patched, or refinished, you can't beat Dave's Hardwood Flooring out of Blaine - $3k spent with them fully brought one of my duplex unit's original 100+ year old maple floors back to life.If you're putting in any stone counters in your kitchens or for bathroom vanities, Twin City Discount Granite have been awesome to work with, and consistently have the best pricing I've found in the area on fully installed granite and quartz.I also have a great drywall guy, as well as a really good carpet install guy - feel free to DM me if you want either of their contact info!
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23 October 2024 | 1 reply
meet regularly.