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7 January 2025 | 1 reply
I learned how to maintain a home, work with real estate professionals, contractors, interview prospects, etc.
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30 December 2024 | 24 replies
If you get a plumbing bill for $100, that $100 goes directly to the plumber.
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31 December 2024 | 57 replies
Water in the plumbing system freezes at 32.
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30 January 2025 | 56 replies
I have lists of contractors, handymen, cleaners and whatever else you may need if you need me to send.
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10 January 2025 | 8 replies
I would explore the costs with some other contractors are 2/1, 2/2 3/1, and 3/2 SFRs are.
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10 January 2025 | 21 replies
Hey Brian, Generally, a HML org will want to see some diligence around the contractor or get some idea of past work if you're doing the work yourself.
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7 January 2025 | 7 replies
In a city like Philly, you will face many challenges - you need to learn the market and know the neighborhood and the block and make sure all of your numbers are within reason, you need very reliable contractors, you need a to understand the permit process, you need to be familiar with market expectations.
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11 January 2025 | 67 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.
13 January 2025 | 21 replies
Our office houses realtors, wholesalers, mortgage companies, contractors...
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3 January 2025 | 6 replies
@Kenneth Jenkins you forgot to mention owners that expect a PMC to use contractors off Craigslist that are unlicensed, NOT insured and rarely have acceptable experience/skill - but, they quote the "best" price.These same owners will sue a PMC if using these types of contractors results in a tenant lawsuit.