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15 August 2024 | 9 replies
@Ryan Dickerson, while you will ultimately need to either make a somewhat blind leap or hope you can find a contractor that will walk your properties, one piece that I will add is: YOU need to know what type of finishes you are looking at, and understanding their material costs.I.e. are you going to do carpet, LVP, or true hardwoods?
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16 August 2024 | 12 replies
The cleaner should be handling all the cleaning and looking over the property.Give us some more details on what you are spending time on and we can help.No way I would arbitrage that property.
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15 August 2024 | 7 replies
There's certainly other aspects that you need to consider such as pricing, quality of photos & overall listing, is it clean/repairs are done, if there's tenants are they being decent to people during showings, are you requirements reasonable etc...
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15 August 2024 | 17 replies
That is a great point as well, I have noticed there are a lot of Accountants/Bookkeepers out there that have no idea what they are doing with Real Estate and they think it is like other types of business, they charge based off those businesses and find out they have to do more work and Real Estate needs more details and separate reporting and they do the bare minimum which ends with an investor having to pay someone like me to clean up everything and get them back on track.
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14 August 2024 | 3 replies
Is the logic behind that to make sure everything is structurally sound to get a clean report?
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21 August 2024 | 94 replies
A week after signing up, I found the program doesn't work for me as there are additional fees involved, such as FB ads, leads, etc.. in only 3 hustles (Sod, house cleaning, can't remember the other one), which are not what I would expect.
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17 August 2024 | 56 replies
@Yi O.When purchasing tax lien properties (at least in FL), you will need to go through the process of cleaning the title before you get insurance or try to sell it.
14 August 2024 | 1 reply
I have also managed the day-to-day operations which involved me ensuring all amenities were stocked, coordination with the cleaning staff, and handling communication with challenging guests.My Remote work skills have proven me to be a great asset for my property owner who was not much involved in running their airbnb rental but was well-informed by me.
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18 August 2024 | 52 replies
Typically people who really have done something extraordinary will tell people who they did it.It's not impossible, you could buy and close, do a two week paint and carpet rehab, find a cash buyer right away, close in two weeks, make 40k, not impossible, but highly improbable.
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15 August 2024 | 29 replies
WIP Inventory > Tile $500But let’s say I’ve spent $30k on this rehab and I have two dozen different accounts in WIP (tile, carpet, drywall, etc.)