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2 October 2016 | 9 replies
Take photos of the issues.then you find the owners on the county assessor site, and send them a personal letter and pic of the property saying you drove past and noticed this house, that you were not sure if anyone was living there but you were interested in buying the property. while you are sending out these letters you should try and find any of the following:private money, hard money, flipping partners, landlords, cash buyers, etcyou can find these people on BP, or go to a title company and ask who has been buying in that area for cash over the last couple years, you could ask your family members, etc.Now when you get calls back from the homes you drove by, you already have the exit strategies. anyway, that was a condensed version of driving for dollars so if you have any questions about that, feel free to reach out to me or anyone else here on BPAdam Adams
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4 October 2016 | 4 replies
However based on the photos I have seen, there are minimal repairs necessary for the property, and as result I do not know if my end buyer will be able to use hard money financing for the project.
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2 October 2016 | 9 replies
Isn't the appraiser supposed to drive by comps and take recent photos?
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8 October 2016 | 3 replies
I use Expensify to track my expenses and the app allows you to snap a photo, categorize, and label expenses and then you can just send your accountant (or yourself) an expense report at the end of the year.
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13 August 2019 | 28 replies
I'm in Memphis, so if you ever want some "boots on the ground" to take photos, check out a neighborhood, talk to folks, etc. please let me know.
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9 October 2016 | 16 replies
Put some photos in to give you examples, enjoy the dog, that was the only close up photo we had of a seam (you cant even see it!).
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3 October 2016 | 4 replies
How about getting nominations from local charity organizations ?
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3 October 2016 | 1 reply
Income and Costs (all numbers are annual)Nominal rent - 43.6kActual rent - 37.3k (14.5% vacancy. 33% turnover rate)Management - 4.5k (10.6% - could bring down with a PM switch)Maintenance - 5.0k (11.6% - ok, older building and a fair amount of tenant turnover)CapEx - 2.4k (5.4% - mostly plumbing costs: is that a worry?)
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8 October 2016 | 2 replies
I'd keep the boxes of trash they left for 30 days and take photos of condition at move out.
25 November 2016 | 8 replies
Some casual photos can hardly pass sniff test imho.