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18 December 2024 | 3 replies
Often times, if title notices there is no obvious access, they will note that as an exception on Schedule B.
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26 December 2024 | 7 replies
We don’t plan to leave jobs and live off of the portfolio but have it as a wealth generator aka hedge against future risks
15 December 2024 | 5 replies
To streamline the process, I want to ensure applicants qualify before scheduling a viewing.It would be beneficial to implement an AI-based system to consistently and efficiently ask prospective tenants the pre-screening questions I currently ask repeatedly.
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17 December 2024 | 8 replies
Hi @Leon Jamison,I can recommend my contractor. my project was $420K, 7months, funded through 203K. we went slightly over schedule (10months),mainly due to a few failed/ repeat inspections, but we were able ton finish under budget.TBH, Im actually doing a second multi family reno project in the heights, New York Ave with the same contractor beginning March 2025.Anyways, you're bound to have issues when working with any contractor.
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23 December 2024 | 9 replies
A strong partnership benefits both parties.Happy vendors are more likely to prioritize your jobs and provide high-quality service, benefiting both tenants and owners.Balancing Stakeholder NeedsBalancing these relationships requires a strategic approach:1.Standardized Processes: Implement systems that ensure consistency and efficiency in addressing maintenance requests, approvals, and payments.2.Transparency: Use technology, like owner and tenant portals, to provide real-time updates and visibility into ongoing issues.3.Regular Communication: Maintain open lines of communication with all stakeholders.
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13 December 2024 | 32 replies
By working backwards, you are establishing each class schedule based on what is needed to move forward.
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17 December 2024 | 14 replies
Hard Money will fund 90% of the purchase price and 100% of the rehab on a draw schedule.
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22 December 2024 | 0 replies
In essence, they created another job for themselves.
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21 December 2024 | 8 replies
Quote from @Wale Lawal: @Damian WalkerAs a real estate investor, it’s your job to find motivated sellers every possible way you can.
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18 December 2024 | 29 replies
Ive already started looking further out to do BRRR/Flips as this is one of those jobs I cannot really afford to lose, having it will help me a lot in the long run.