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14 January 2025 | 9 replies
You've proven that you can manage the dealflow you are handling so it makes sense to me that you leverage those skills to help others with their deal flow.
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18 January 2025 | 12 replies
My guess is they have low level of book keeping sophistication.
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29 January 2025 | 20 replies
You are basically doing a flip first, which requires a whole different set of skills.)So, with $50k revenue, if you hire a PM, they charge 20%, so you give up $10k right away.
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23 January 2025 | 10 replies
First, it fast-tracks your learning as an investor - you are forced to develop better time management skills, build your network of reliable contractors/ handymen, etc..Second, when you are ready to transition to a property manager, you are well equipped to evaluate and hire the right company.3.
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7 January 2025 | 3 replies
Because the reality is that one deal won't make you rich, but the continuous growth you get by doing deals and building your skills, network, and expertise will create the foundation to get you there!
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18 January 2025 | 19 replies
Get to know the people on a personal level at section 8.
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8 February 2025 | 9 replies
There are laws (and statutes with three "T"s) that may apply in these situations on both a state and federal level.
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6 February 2025 | 9 replies
Pricing models vary, but I use a flat-fee approach based on the intensity of design strategy and level of investor involvement.
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18 January 2025 | 2 replies
Good points.I'd add square, level, plumb - license, insurance, bond - using permits to follow codepointing out problems the owner doesn't realize they have that are serious.
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17 January 2025 | 2 replies
, whether there's a high water table that encroaches on any underground utilities or foundations (and does that water table have significant seasonal water level variations), encroachments by roads or other improvements on your property, limitations imposed by easements or rights of way, etc.