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6 August 2024 | 54 replies
If 2x, 3x, 10x the # of burger trucks flood onto a given street to offer burgers to the people, to meet demand 1:1 it has an economic effect of competion driving prices to REMOVE any bloat, any false margins, right.
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5 August 2024 | 21 replies
For two reasons I could drive to the property anytime and handle whatever myself - I did not have a team in place to do what was needed to make the investment Successful and the second reason was control.
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3 August 2024 | 10 replies
Current systems and tools:- Assistant to manage payments, invoices, ensure rents come in and chat with tenants for issues- Melio for vendor payments- Baselane for banking - separate accounts for each rental and deposit- Google sheets for Income and Expense reporting- Azibo for rent collection automation with late fee automations- Drive for my leases, SOPs, and documentations of tenants move in/move outGoals of improved system: ensure I have a read out of how each property is preforming month over month, check on big expense items, ensure vendors get paid, mortgages get paid and rent is coming in, generate APY on float and savings for any big CapEx that comes up, and make my life easier come tax season.Is there a single software people use or what do you do for your business systems to optimize all of this?
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2 August 2024 | 10 replies
I was thinking of properties that were more 3-4 hour drive away rather than the midwest but I can still have these same issues.
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2 August 2024 | 7 replies
I can post on my social media and drive 50-60 additional people through one of my open houses.
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1 August 2024 | 4 replies
There is a hospital (First Health Moore Regional) near my location; I would think traveling nurses would want somewhere safe, quiet, and not too far away (easy drive) from the hospital they're working at.
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29 July 2024 | 0 replies
Our partner, Kim Morris, identified the Devon Drive deal and brought it to our attention.
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2 August 2024 | 6 replies
Fire rating exterior walls on structures like these would be another expensive requirement that would continue to drive up the cost housing which is the last thing we need.Here's the code section I found Exception #2
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30 July 2024 | 8 replies
Hi there,Pretty new to REI as well.Things I've done to gain knowledge:-Listen to BP podcast-Read RE books-Enrolled in a RE course (I take an exam in a few months to obtain my license)-Look at listings throughout the day in states I've been eye-ing-Analyze potential deals by plugging numbers in a spreadsheet (to calculate what ROI will be first year, second year, etc) -Been reaching out to seasoned RE investors-Saving more $ to increase capitalGood luck to us!
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1 August 2024 | 4 replies
I’m recently started getting into wholesaling but HAVEN’T gotten my first deal (IT ONLY TAKES ONE DEAL TO CHANGE YOUR LIFE-Max Maxwell), I’ve been driving for dollars & calling people, listening/ watching podcast/videos & reading books so I’m taking action.