Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
Ensure you understand local regulations regarding permits; it’s usually a good idea for your associates to form an LLC for liability protection, but individuals can do renovations as long as they pull the necessary permits.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
To ensure you’re not overpaying, compare these quotes to typical rates in the area using resources like HomeAdvisor or Thumbtack, or by reaching out to local contractors for ballpark estimates.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
Make sure your real estate agent isn't just about closing that one deal but understands the benefit of protecting you on each purchase to ensure that you keep buying because you are enjoying success. 2.
Olivia Blake
New Landlord - Tenant Refusing Payment Method
25 January 2025 | 10 replies
(we charge the same Processing Fee as depositing to our bank)4) Pay online using their tenant portal (we absorb the small fee, to encourage this behavior as the internal resources saved more than cover that fee)We understand we have scales of efficiency a DIY landlord won't.
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
This phased approach ensures that investors see returns while aligning with the organization’s mission.Leveraging Time for Impact:Much like how institutionalized farmland uses time and scale to drive efficiencies and reduce costs, this model leverages a long-term horizon to create a self-sustaining cycle.
Rob Bergeron
Plans for large tech data center in Louisville, the 1st of its kind in KY
19 January 2025 | 4 replies
Warehouse space for the win....right now....just wait until AI machines are efficient and need half the space.
Marcus Stokes
fix and Flip
18 January 2025 | 21 replies
For example, if you're planning a kitchen remodel, get multiple quotes to ensure you have a solid grasp of what it will actually cost.3.
Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
Licensed with permits ~$3,250.HWT standard gas single family low efficiency without exhaust retrofit $900.Sand and stain hardwood floors, natural stain $3 per sf.Paint interior walls, ceiling trim and doors 3 tone paint scheme 2 coats $3.20 per sf (floor area cost includes paint)Click lock LVT flooring install overlay inclusive of prep and quarter round $4.50 per sf (materials and labor)Asphalt roof installation 3/1 - 800 sf bungalow with 2 layers of shingles - ~$7,900Standard porch cap replacement with 2 new precast concrete steps ~$2,500Used stove or refrigerator delivery and install $350New stove or refrigerator delivery and install $HD model specificUse this as a general guideline.
Jorge Abreu
Evaluating Property Managers
28 December 2024 | 1 reply
Keep an eye on those delinquency rates and ensure that the property manager is proactive in rent collection.Maintaining open lines of communication with property managers is also part of the process.
Robby Sanchez
Communication within the GP team
24 January 2025 | 2 replies
As General Partners (GPs), we juggle a lot—talking with vendors, negotiating with buyers and sellers, and ensuring the deal stays on track.