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18 November 2024 | 1 reply
I am working to build out some models for each but I don't have a clear idea of the route forward for construction or long term financing.
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22 November 2024 | 9 replies
I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.
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19 November 2024 | 12 replies
I just put some at my personal residence.Hey Garrett...would you be able to provide the make and model of those cameras?
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18 November 2024 | 35 replies
Approximately so I will charge the tenant $100 no refundable fee for delivery.
19 November 2024 | 6 replies
Also, these were put into business by and before 2022.There are also desktop / modeling study options that aren’t DIY and are still done by engineers
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18 November 2024 | 1 reply
I'm pretty sure it had to record to an SD card but this was 8-10 years ago, and I'd be shocked if they didn't have cloud recording models today.
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20 November 2024 | 15 replies
I also completley share his advice on a bias for action.If you are interested in a good book reference with checklist like models, check out "The Perfect Investment" by Paul Moore and "The Book on Investing in Real Estate with No and Low Money Down" by Brandon Turner, both also available in audio versions.
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11 November 2024 | 5 replies
I just started working with THD, I had the same situation as Shankar RamaniI had a 3/2 SFH posted for LTR, they reached out asking if I am open to short term rental, I was hesitant first but after searching the company and their business model, I was willing to take the risk if they pay me a good premiumThe person who reached out to me works with the insurance side of THD ( they have corporate leasing department too), and her tenant had a fire damage in their house so the insurance company wanted the tenant to stay somewhere until the house repair is done.
14 November 2024 | 20 replies
I provide scanned copies of all invoices, but that's my business model.
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20 November 2024 | 23 replies
If you're planning on utilizing a self-showing model with cameras you'll need to make sure you disclose to prospective tenants viewing the property that there are cameras on premise.At scale, we've coordinated 160,000+ on-demand/self showings with smart lockboxes over the past 5 almost 6 years with very few issues.