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31 October 2024 | 3 replies
The biggest thing right now is to stop putting up mental blocks—you can achieve success as a mom of 3, but it’s crucial to push past the mindset of failure.
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2 November 2024 | 64 replies
Dust will ruin the adhesive properties and can cause failures during expansion and contraction that could have been avoided.3) Allow the product to acclimate/condition IN THE ROOM you're installing it in for at LEAST what the manufacturer recommends. 4) Don't install it below 60 degrees Fahrenheit.
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1 November 2024 | 19 replies
Helical piers placed every 5' should fix this, but for a significant cost. 3) Due to a toilet becoming loose and failure to recognize that the toilet leaks every time it is flushed, the subfloor has "significant deterioration."
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29 October 2024 | 33 replies
I push back against the dogmatic belief that because it didn't work for me this time, it's a failure.
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27 October 2024 | 3 replies
@Devin JamesNothing in life is typically handed to you and nothing is typically get rich quickThe most successful people I know show up everyday and grind it out- they don’t let a failure destroy them - they get up and keep going.If you also read all the great business books etc they all say the same thing - be humble, be consistent and have a plan.
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26 October 2024 | 6 replies
All expenses would go on each account and it made year end accounting very easy.Ally alerted us that they are closing our accounts due to our failure to "properly secure" our accounts.
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30 October 2024 | 35 replies
It goes deeper than that.NYC Liberal policies, including strong tenant protections, increases the risk of failure so much that the risk far outweighs the rewards.Financial ruin is just around the corner for the small Mom and Pop Property Investor that it doesn't make sense for them.The Tenants will have free Attorneys that are bent on delaying eviction cases so long that it stretches into years while Mom and Pop suffer from lack of rental income and still have to pay all the bills and do the management.Additionally, the increase in homeless living rough in the streets due to Sanctuary laws causing a lack of shelter beds, then evicting shelter residents after 30 days creating more homelessness, policies that tie up the Police's ability to arrest perpetrators, etc. only causes Mom and Pop to sell out at large discounts to larger Landlords who are capable to use Economies of Scale to eek out a profit.These larger Landlords will eventually turn a much higher profit as the pendulum will eventually swing towards the middle when the NYC Voting population eventually realizes that it's not a conspiracy of the Rich that's causing the Wealth Gap to increase.It's the same liberal laws that encourage people to become lifelong tenants, small Entrepreneurs (including Property Owners and small Mom and Pop Businesses) to be destroyed, and Rents to rise astronomically as housing becomes scarer even when the population declines by as much as 7% in the last several years.
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28 October 2024 | 7 replies
Whether you own a single rental property or manage a portfolio of multifamily units, effective property management can be the difference between success and failure in real estate.What is Property Management?
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31 October 2024 | 44 replies
If that is your primary focus it could convolute thinking and force unnecessary errors, in an already error prone business with a very high failure rate.