Latisha Douglas
Calling all (successful) Low income (class C / D) investors
4 October 2023 | 96 replies
Flush all the toilets.Check all the outlets and make sure the plugs stay in and that the outlets are functional (note any switched outlets)Test the smoke detectorsReplace batteries in digital thermostatsMake sure all light fixtures are working (we replace bulbs with leds).Make sure there are thresholds and not rough flooring edges.Make sure the HVAC system is functional.At your move-in walk through: show your tenant where the breaker box is and how to reset a tripped breaker.If you have old triple track or double track storms, show the tenants how to operate them.Show tenants how to relight the stove pilot light.Test the smoke detector in the tenants presence and show them how to replace battery if not a sealed unit.Show the tenant how to operate the thermostat.Remind the tenant to use the bath fan or to open the bath vent window.
Alex A.
Becoming a small time lender in Ohio
2 August 2017 | 8 replies
On a typical JV deal (non performing) you should see double digit returns.
Jim K.
When someone asks you to add 48 + 27, what happens in your head?
26 February 2021 | 213 replies
But then, remember, we reversed our digits to start out so now they're reversed and we have to go back so we add the digits of 27 together to get 9.
Jeff Byrne
Being Discouraged by Family
10 February 2022 | 170 replies
Find a market, with double digit net caps, find a team to protect you, and just do it !
Michael Malmrose
What to do with a pile of money
18 October 2019 | 79 replies
To me its not worth it because pocketing a few hundred bucks a month even on double digit % returns.
Scott Trench
Who's at the most financial/leverage risk in a recession?
22 June 2022 | 38 replies
But Vietnameese pho can still maintain single digit price.
Franky Aikens
What books have changed your life
15 September 2019 | 59 replies
(This book also encouraged me to push myself to read more books than I already was) -Never Split the Difference by Chris Voss-The Simple Path to wealth By JL Collins -Lifeonaire by Steve Cook and Shaun McCloskey-Digital Minimalism By Cal NewportThese books have helped shape my thought process into becoming more of the person I want to be in the past year.
Lee G.
Factoring in Property Management is Overrated
29 December 2017 | 86 replies
But to scale beyond single digit counts, especially out of county and certainly for other asset classes like apartments, finding a good PM is very important... in my opinion.
Account Closed
How far do you live from your rentals?
24 June 2018 | 126 replies
Account Closed the double digit net caps, and low pricing.
Gaby Liu
How to loose 30k on flipping in Columbus Ohio warning to Newbie
15 November 2022 | 105 replies
He now owns a portfolio of mostly MFAs cash flowing 5 digits monthly.