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10 May 2024 | 18 replies
However if I get something totally cold from some call center I'm immediately hanging up and blocking the number.
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9 May 2024 | 5 replies
If they don't hang up or don't say no, you need to keep asking questions and qualify the property for condition and the seller for motivation.
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9 May 2024 | 5 replies
This way, you can live in one unit for free or very cheaply while you get the hang of being a landlord and grow your money in the property.
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9 May 2024 | 13 replies
If they don't hang up or say no, engage with them.
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8 May 2024 | 7 replies
Nothing better than hanging out in the hot tub and watching the deers walk by!
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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.
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8 May 2024 | 7 replies
I see you hang your license with EXP Realty, I have had many friends make the jump to EXP from brick and mortar brokerages as well.
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8 May 2024 | 6 replies
Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.
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8 May 2024 | 14 replies
Because I’m too cheap to pay someone,I have a 120lb tv hanging off 4 bolts I screwed in to a 2x4.