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30 September 2024 | 12 replies
Hey @Devin Bost, I would highly recommend a few things to help with this. 1) Have systems and processes lined out for any emergency you can think of.2) A spreadsheet of subcontractors/ vendors that could handle the situation that arises (plumbing leak, electric out somewhere, etc.)3) Your cleaning team and handy person should be utilized for some things.4) Something like Breezeway can give you 24/7 support around your property with a dedicated phone number line.
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29 September 2024 | 16 replies
Both are on autopay, have insurance, keep their places clean, and are civil to each other.The upstairs tenant is a school teacher in her late 40's.
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30 September 2024 | 10 replies
Sure it can be a write off, but my question is if it is the highest and best use of your time (or the given employees time) to be running a skid steer - transporting it, storage, maintenance, cleaning, etc, and if it still makes sense if you need to hire someone to run it for you and take care of the other things.Add up all those recurring costs - maintaining the machine, maintaining the trailer, having a large enough truck to tow it, insurance and registration for all of the above, your time or your employees time related to all of the above...even at $14k a year it might be attractive enough to keep paying that and having them drop it off at the job site for you.A brand new machine could easily cost you over 6 figures - that's 7 years of rentals at $14k/year before including all the holding costs.
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1 October 2024 | 23 replies
They should have just cleaned it up and listed it for 70k.
29 September 2024 | 4 replies
Your young and haven't built the experience to have big earning power.
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27 September 2024 | 0 replies
This move addresses the growing power needs of data centers, which are increasingly relying on alternative energy sources to reduce carbon emissions.
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28 September 2024 | 1 reply
To date, we've cleaned up the title issues, maintained the land/property, and worked with the City of Kansas City to determine a new highest and best use based on the revised Midtown Plaza Area Plan.
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27 September 2024 | 9 replies
I also have a close relationship with the cleaning company, so that part is covered.
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30 September 2024 | 26 replies
HomeVestors has a powerful and well recognized brand in my market (Dallas) and we have a huge marketing-arm that allows us to get in front of very motivated sellers.
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2 October 2024 | 24 replies
However when their use is not properly executed you lose most of its benefit as the front loaded costs were charged no matter what.Some people don’t have the proper mindset to stay on course for many years and should stay away from them as it takes almost a decade of careful execution to start benefiting from their powerful benefits.I hate people in these forum dealing in absolute.