16 October 2024 | 11 replies
IMO a bigger red flag would be poor record keeping on expenses and other documentation that would indicate property condition.Anyway, you're ultimately purchasing the income stream that *you* can achieve, not what the seller achieved.
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17 October 2024 | 20 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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15 October 2024 | 9 replies
I agree that the influencer would have to be a fit for your product or house.
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14 October 2024 | 8 replies
I suspect poor communication was a reason that such a low percentage of people who paid $300 atrended (in San Diego I attended the STR workshop and room was full - this syndication workshop we sat around one table).I have heard Codie present and she is as good as you indicate but not an RE person. one of her lines is something like there are a lot of millionaire RE investors but not a lot of billionaire RE investors and I want to be a billionaire.
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14 October 2024 | 7 replies
Google Kumulori.com to see book.Is this a good type of local gift product for Airbnb and hotels?
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15 October 2024 | 3 replies
Get a title search, or see if the county does one and if you can get a copy; it may be considered attorney work product and non-public, but you can always ask.Also, see if you have any local investor groups and if so, if anyone has experience and can walk you through some of it.
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13 October 2024 | 3 replies
Let the cleaning company use a product like MoldX or any fungicide.
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19 October 2024 | 25 replies
The problem isn't food production, it is food waste.
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15 October 2024 | 34 replies
When I fired everyone, it was because I was doing the majority of the business and with low inventory and poor work ethic, it didn't make sense to run a team when I was the rainmaker and dealmaker.
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16 October 2024 | 22 replies
Two good books to read since you're just starting out - Rich Dad Poor Dad by Robert Kiyosaki and How to Invest in Real Estate by Brandon Turner and Joshua Dorkin.You'll need to attend and network at real estate meetups to meet people that are already doing what you're trying to do where you're at.