2 December 2024 | 17 replies
He may get stuck with rent control laws that prevent him from catching up later.
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2 December 2024 | 1 reply
New systems from Arrow Lift allow you to jack a house up in a single day, but I have not seen many contractors in the area that use them yet.
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28 November 2024 | 4 replies
I'm sure you and I both understand that as flippers, having control over the construction cannot be stressed enough.
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28 November 2024 | 14 replies
@Dylan Jeluso, where are you feeling you don't have control?
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25 November 2024 | 12 replies
One that can send a message with the seller information included in the message (Seller Name, Property etc) There are many platforms such as REIreply , Batchleads, Launch Control , Smarter Contacts , Lead Sherpa etc.
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3 December 2024 | 29 replies
Accounting system is a mess… >- Firing people at least weekly 1-2 employees at a time. it is clear that hiring and yet but appropriate for these people firing is what they do best.- Remember that people have left other work for this and only there a short time.
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29 November 2024 | 2 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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29 November 2024 | 1 reply
But I can't help but think that I could benefit from the occasional discussion about real estate strategies or bounce opportunities off one another.Coach Carson's RPM program details below:Cost: ~$2500/yearBenefits (form Website):Personalized Coaching: Members receive direct support and feedback from Coach Carson and selected coaches, including monthly group coaching sessions, one-on-one "hot seat" calls, and small group coaching within Action Teams.Action Teams: These are accountability groups of 8-10 members that meet weekly over a three-month period to set and achieve goals, fostering perseverance and resilience among participants.Comprehensive Resources: Members have access to a repository of documents, systems, checklists, and more in the community swipe file, including tenant screening criteria, due diligence checklists, and rental analysis spreadsheets.Exclusive Community: RPM offers a private community of like-minded investors who prioritize time and freedom over scaling rapidly, providing a supportive environment for shared learning and growth.The Group Targets:Investors with experience owning 1 to 8+ properties, whether short-term (e.g., Airbnb), mid-term, or long-term rentals.Individuals who are coachable, hardworking, and value time and freedom over aggressive scaling.
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3 December 2024 | 3 replies
Also make sure you understand everything about adding an ADU including value of the ADYPU, financing, impact from rent control, duration between initial expense and initial income, true cash flow (know the 50% rule, at 50% rent ratio initial property tax will be near 20% of income)- educate.
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27 November 2024 | 1 reply
This implies residential units can be built at lower costs than ADU additions and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.