
27 August 2024 | 19 replies
Under the current system the commissions are just rolled into the price.The problem will be when an independent buyer wants to see a house but won’t sign a buyer’s agent contract because he doesn’t need an agent.

23 August 2024 | 181 replies
This makes for a complicated system.

23 August 2024 | 1 reply
Mastering the process in one area will help you build confidence and create systems that you can replicate in other markets later on.Starting virtual wholesaling can be a game-changer if done right.

25 August 2024 | 44 replies
Things that come to mind off the top of my mind are, indoor sprinkler system, ramps / ADA Access, walk-in showers, fire extinguishers ect.

23 August 2024 | 4 replies
I'm happy to pay for systems to save time and guidance but the fee seems ambitious and I don't love the idea of forking over large percentage of profits to be told what I can and can't do with the company.

23 August 2024 | 4 replies
@Robert Rixer, I don't know how creative these are, as many are common plays:Valet TrashFencing in first floor yardsProviding washer and dryers for added rentReserved, Covered parkingTech PackagesInternet and Cable contracts, with reimbursementsPayment Plan rents, with small service charge (i.e. bill 1/4 rent each week)Reserved Rental cabanas at poolPrivate pool party rental optionGolf Simulator in clubhouse - fee basedOn site, self serve car wash (quarter feeder style)Charged group fitness/personal training servicesGame room in clubhouse with monthly subscription for tenants (Xbox, Playstation, etc)Changing out high maintenance grass for astro turf or lower maintenance/lower water use shrubberyBut ultimately, I think a lot of NOI increases come from deep dive into understanding EVERY expense and finding ways to minimize them, and/or no outsource them.Train maintenance team on basic HVAC and appliance repairs (find way to get them licensed as needed)Buy paint sprayers for faster, easier turns versus having to hire a contract painter, and possibly repaint whole unit each timeStandardize all finishes, so you can buy in bulk, everything from hinges and door knobs to cabinets, paint colors, and light fixtures.Potentially get leasing people onto lower base salary with higher bonus potentialBulk/bundled insurance across portfolio (even better at scale is to self insure)Regularly test sprinkler systems for leaks.Non-NOI, but benefit to you: partner with insurance agency to get referral kickbacks from your tenant base for renter insurance.

23 August 2024 | 19 replies
In regard to what to look for in a mentor (paid or unpaid) is that they are actively doing deals, are one of the main GP (not someone who has a minor role in a deal), offer a proven system for you to follow, and offer the connections you need to complete a deal.

23 August 2024 | 5 replies
Networking with other investors can also provide fresh perspectives and new ideas, as sharing experiences often leads to innovative solutions.Additionally, leveraging technology, such as CRM systems, can help streamline lead management and follow-up processes, ensuring no potential opportunity is overlooked.
21 August 2024 | 182 replies
It won't....it's all just BS to try to gain votes

22 August 2024 | 15 replies
As of July 1st, 2024 Colorado will be making a change from a traditional tax lien state to a system that is hybrid, more like Florida.