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22 July 2021 | 3 replies
If you are looking for many properties, spending on sites has a better chance of being worth it, but if you are looking for just one, like a next property, personal letters after building a list on List Source is a good first step or using an app like Deal Machine to skip trace and mail properties that you already judged to be of value to you.
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22 July 2021 | 2 replies
They would see this as a wash and not count the additional $1000 as more income due to potential vacancy.
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23 July 2021 | 8 replies
Finding deals is much more like farming than a vending machine.
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28 December 2021 | 38 replies
For most of the homes the carpets alone were $3200 to $4900 plus two coats of paint on every wall and ceiling, replacing broken bathroom sinks, kitchen sinks, faucets, repairing air conditioners, replacing cracked times on roof 36 feet high, bringing in 4 to 8 tons of rocks to make the yards look nice, trimming trees, repairing sprinkler systems and the piping, replacing refrigerators, stoves, washing machines clothes dryers, water heaters, painting garage floors ceilings and walls, bringing in 20-yard trash bins to remove all the carpets, trees trimmings and trash left by tenants, replacing all the window blinds, door knobs that are broken and locks for the main door and locks for the garage door so the keys match, repairing garage door openers that are broke, repairing the garage door rollers and seals, painting the trim outside the house, replacing facia boards that are 36 feet high, replacing window screens and the screens on sliding doors, replacing entire windows just because tenants broke the window locks and they cannot be repaired, replacing kitchen counter tops that are destroyed, replacing all the kitchen doors and drawers because tenants destroyer the cabinets by hanging their wet laundry in the kitchen cabinet doors to dry. replacing garbage disposers, dishwashers and the list goes on and on.
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23 July 2021 | 3 replies
We can now see why SRT's can be compared to money machines.
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27 January 2022 | 8 replies
And then go there and see what types of repairs may be necessary as well as what other income opportunities there may be (laundry, vending machines, storage, etc.).
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28 July 2021 | 3 replies
Another option to consider would be "automated tenants" for commercial properties (i.e. laundromats, vending machines, ATM machines, co-working space).
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24 March 2022 | 5 replies
Let their marketing machine work on your behalf!
1 August 2021 | 4 replies
Change your story each month as different stories will resonate with different people AND use wash story to emphasize one of your “who do you know…” questions.
31 July 2021 | 10 replies
Wash the walls with warm water and a bit of Dawn dish soap (or TSP).