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5 July 2024 | 7 replies
Follow-up campaigns using CRM tools and email marketing software can be valuable for managing and communicating with your buyers as the list grows to see where the real engagement is then separate the quality of buyers into buckets.
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7 July 2024 | 28 replies
Also try out the customer service of each, because the quality of service varies greatly between platforms.You are on the right track!
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5 July 2024 | 5 replies
You might be able to find some materials online but you gamble on the quality.In my case this is what I follow:- Construction material locally so we quickly can resupply - Flooring locally (I find better prices and service this way)- Plumbing locally (I bought online for my first remo and quality was really bad) locally are more expensive but I don't gamble anymore as plumbing is something that is always a time constraints to complete and continue other works.- Electronic fixtures like fans, etc online.
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4 July 2024 | 12 replies
This step must be done carefully to avoid further damage.Structural Repairs: Address any structural damage first, including the roof, walls, and foundation.Systems Repair: Repair or replace electrical, plumbing, and HVAC systems as needed.Interior Restoration: Once the structural and system repairs are complete, focus on restoring the interior, including insulation, drywall, flooring, and fixtures.Safety and Health Concerns:Air Quality: Ensure proper ventilation and air quality during and after the restoration process to remove smoke odors and contaminants.Mold Remediation: Check for and address any mold growth, which can be a common issue in fire-damaged properties due to water used in firefighting.Final Inspections:City Inspections: Coordinate with the city for final inspections to ensure that the property is safe and habitable.Fire Department Clearance: Obtain clearance from the Fire Department confirming that the property is safe to occupy.I hope this helps, best of luck!
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6 July 2024 | 22 replies
If the tenant struggles to pay rent because they cannot budget and this is a problem then I would just upgrade the quality of the property you are renting.
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7 July 2024 | 30 replies
If a good quality note fund or syndication, like ours is paying out 11-12% annually, and has been uninterrupted since 2002, then one would think that the only reason for an individual to make loans on his own is for a greater return.
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4 July 2024 | 11 replies
A good painter can Spray pretty good if he has the proper tip , good quality paint, and at least 100 jobs done prior to yours.So many factors involved, are you protecting the flooring, changing colors a lot lots of repairs done prior?
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5 July 2024 | 5 replies
I can see why the landlord wants to use their person . . . they probably want to make sure its a quality repair.
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3 July 2024 | 3 replies
Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!
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4 July 2024 | 3 replies
Over the past few weeks, the BiggerPockets Blog: Real Estate Investing for Real has really grown in quality and content.