Jorge Abreu
🏢 Property Inspection Checklist ✔️
8 May 2024 | 0 replies
Furthermore, understanding the resident characteristics allows me to measure the target market and modify my investment strategy accordingly.Inspection ChecklistSituations vary from one property to the next, but here is an on-site inspection checklist to get you started:Interior Units:Inspect vacant units, including one of each finish out type (Classic, Reno, etc.).Check all down units.Inspect one unit from each unit mix.Exteriors:Landscape:Look for overgrown bushes.Identify trees that need trimming (no branches hanging over the roof).Take pictures of the following:Curb appeal on all sides facing the street.Landscape around the office and amenities.Overgrown bushes or trees.Any dead landscape.Areas that may need sod or mulch.Assess drainage:Ensure water flows away from building foundations.Check slope, gutters, downspouts, surface drains, French drains, etc.Exterior Walls:Determine the existing material (wood, vinyl, Hardie, brick, stone).Assess the condition of the walls.Note if painting is required.Take pictures of each building, including building number, each elevation (clockwise), and any breezeways or niches.Windows:Evaluate the condition of existing windows.Consider whether solar screens should be installed.Roof:Identify the type of roof.Assess its condition and age.Parking Lot:Check for potholes.Assess the need for restriping.Note whether the parking lot is concrete or asphalt.Evaluate drainage issues.Walkway:Look for tripping hazards.Assess drainage issues.Foundation/Gutters:Inspect for cracks in the brick.Check for separation in corners from fascia and trim boards.Evaluate drainage and identify poor drainage areas.Amenities:Identify possible improvements.Consider adjustments or additions that can enhance amenities.Talk to the Staff:Maintenance: Inquire about the physical condition.Office: Discuss current residents, delinquency, and potential changes to add value.Assess whether rents are too high or too low.Confirm rents and what is included/not included.Confirm other sources of income and associated charges.Confirm occupancy, pre-release, and vacancy numbers.Note: Maintain professionalism and avoid insulting the owner or broker, regardless of the property's condition.Keep in mind that investing in real estate is like solving a puzzle—you need all the pieces to see the big picture.
William R Bebout Jr
BP Property Manager Finder
8 May 2024 | 9 replies
Have strong policies and procedures (and an elevator pitch for each) when someone asks you how you operate.
Steve Stinson
Jeff Bezos’ Space Company Is Building an Engine Factory in Alabama’s ‘Rocket City’
7 May 2024 | 1 reply
Ivey said during his speech at the Davidson Center for Space Exploration in Huntsville."
Michael Calvey
How Are Savvy STR Hosts Using Automation to Transform Their Businesses?
9 May 2024 | 19 replies
Also, walk through the guest journey yourself—think about what information you would want and what would enhance your experience if you were staying at the property.Embracing automation has not only saved us time but has elevated our rental business to new heights.
Dave Meyer
Is Real Estate Still the Best Asset Class?
14 May 2024 | 164 replies
Combined with CEO's that can drop their stock prices when they decide that driving cars in space or publicity mud wrestling is the best way to elevate their companies value.
Sung H Kim
Mentorship program for $40k
9 May 2024 | 65 replies
But for sure the sales speech is going to be better and mesmerizing playing on your emotions.
Josh Leigh
Real Estate Education
5 May 2024 | 2 replies
What are some educational resources you have used to elevate your investing game?
Jimmy Humphrey
Over Leveraged?
10 May 2024 | 116 replies
I wrote a speech about the cost of denial and 2008 provided many examples.
Pedro Florentino
new construction plans
2 May 2024 | 15 replies
I'm looking to build a 2500 sq ft two level ecofriendly single-family home which incorporates natural surrounding into the design, I'm trying to figure out what my cost should be for architectural plans: elevation, floor plan, mechanical, plumbing, electrical, etc.
Alexandra Joy
Tenant asking for personal favors
4 May 2024 | 35 replies
"While we are in town do you mind if we go to Meijer, walmart, aldi's tractor supply company, the grain elevator..."