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26 June 2024 | 32 replies
For primary residence #3, we bought in the path of progress; so, not a live in flip per se but similar in that we will get high organic appreciation and also add value through easy rehab such as refinishing floors and railings, replacing fixtures, improving landscaping, upgrading tile, etc.
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21 June 2024 | 1 reply
HI Everyone,I've been wholesaling for a little while now and am focused on expanding so I hired a 3rd party dialer. All the companies I interviewed said they prefer a dialer called ReadyMode so I signed up. I've been ...
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25 June 2024 | 18 replies
Prospective renters will let you know if the property is priced too high, needs work, or the property has some functional issues that's keeping them from submitting applications.
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22 June 2024 | 23 replies
This is essentially a $6,000+ job of a brand new panel and outside shut off valve for what was previously a perfectly functioning system that had never given any issues.
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23 June 2024 | 105 replies
A properly established plan performs three primary functions: lawsuit deterrence, settlement negotiation leverage and/or placing your assets out of the reach of a legal opponent.You do this by:- Insurance - Using LLC's- Combining them with Trusts- Owning NOTHING personally in your name (the Rich own nothing, but control everything). - Use separate legal tools- DON'T FLAUNT YOUR WEALTHThe main ways clients use their planning are:1.
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22 June 2024 | 5 replies
This is what I do:1) Helping investors articulate, clarify, and organize their thoughts. 2) Holding investors accountable for their actions. 3) Assisting investors as they strategize and make plans to reach theirREI goals.
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22 June 2024 | 5 replies
For example:General-Filters (furnace, air conditioning, oven exhaust, refrigerator, and water)-Stove burner when the “eye” needs simple replacement-Batteries and remotes that service the premises-Fan and light pull strings-Smoke and carbon alarms testing and batteries-Ensuring appliances are properly plugged in, hooked up, and used-Removing dirt, debris, and lint in and from connection pipes (e.g. clothes dryer)-Tighten loose screws on all home functions (e.g. doors, hinges, handles, socket -Balancing off-balance appliances-Cable, internet, and phone jacks-Fire extinguishers-Systems operation (e.g. security, irrigation, HVAC)HVAC-Monthly A/C filter and drain line maintenance Electrical-Reset “tripped” GFI breakers-Light bulbs (throughout and at the end of the tenancy)-Blown fuses-Reset breakers in the outside and inside breaker boxes-Socket and plug outlet coversPlumbing-Unclog drains or toilets-Caulking around tubs and showers as needed-Gas pilot lighting-Leaky faucets and shower heads-Toilet flappers, handles, seats and seat lids, tank lid, and flush kit-Sink and tub stoppers-If septic tank present, use RID-X as directed on consumer box-Proper cleaning of garbage disposal-Loose faucets and sprayer heads and hoses-Faucet filters (i.e. aerator)-Open exterior plumbing clean out when necessary (e.g. sewage backup)Exterior-Routine lawn (and pool) maintenance-Adjusting sprinkler heads as necessary-On the last month of tenancy, tenant must perform required lawn maintenance no sooner than 2 days prior to vacate dateThere’s a lot to consider as a landlord.
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22 June 2024 | 8 replies
This will also help you be organized when completing taxes and writing off any potential expenses like furniture, utilities, repairs etc. that come with the rental business.
20 June 2024 | 3 replies
Not a building strategy, we buy them as SFH and rent as is to partner group organizations.
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20 June 2024 | 4 replies
He is organizing a trip to Houston for free to train people.