
11 June 2024 | 46 replies
Another idea I had was to just use standard research out there on building systems like the air conditioning, wiring, plumbing and so on, to estimate how much time they would normally take to require repairs.Here's a paper that discusses "energy modeling" for single family homes that is pretty recent that is an example of what I'm thinking of:https://www.mdpi.com/1996-1073/12/8/1537

7 June 2024 | 3 replies
-Decide between fixer-uppers, which offer customization and appreciation potential but require more work, or turn-key properties, which provide immediate rental income with minimal effort.Hiring a Property Manager:-A property management company ensures efficient marketing, tenant screening, rent collection, and maintenance.

7 June 2024 | 13 replies
I find it unlikely that one could build a house out of a shipping container cheaper than one could build a stick framed house.I work for a custom home builder, and we are a union shop.

7 June 2024 | 7 replies
After experiencing different types of inspections with all kinds of properties from custom builds to existing, it all depends on your end goal , I highly suggest you reach out to a team, really strong team such as @Jorge Vazquez.

7 June 2024 | 17 replies
You must asses if they are they the weekend weed smoking warrior or are they number 1 customer from Breaking Bad.

8 June 2024 | 31 replies
Understand it's a business not a RE pursuit meaning make sure the experience is #1 for the customer.

6 June 2024 | 5 replies
Although I do not have a house that would benefit from one of these compact units, we have replaced 3 out of 4 of our homes with the LG 5 cu. ft High efficiency top load no agitator washers & the 7.3 cu ft top load dryer and my cleaners absolutely love them for the large load capacity and the custom drying time ability.
6 June 2024 | 11 replies
Putting your energy into house hacking and real estate can pave the way for a strong work path.Good luck!

7 June 2024 | 5 replies
There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.

7 June 2024 | 8 replies
Relo company or insurance companies aren't going to pay that much and they'll just force the customer in a hotel or apartment.#3.