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12 June 2018 | 3 replies
I work in repair and remodel construction so I am confident on the fix side of things. However I am looking to ask my co workers and others in my area or local REIA if they want to join a fix and flip project. I am un...
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22 June 2016 | 19 replies
I wouldn't use a DIY source though.
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25 February 2023 | 32 replies
Many OOS investors set themselves up for failure because they don't truly take the time to 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.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
29 November 2017 | 28 replies
In general, the appealing part of this half-DIY process (the ability to get your hands dirty on the rehab aspect) is much different in reality than on paper.
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9 February 2019 | 1 reply
I really am more of a BOSS and although I love the idea of DIY, my main focus is having my own successful business and I've been stuck on the idea of getting a business partner that can execute the deal cause I may not be as successful.
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5 December 2014 | 25 replies
A cheap used minivan could be a great option as well.http://www.mrmoneymustache.com/2012/09/04/its-neve...http://www.mrmoneymustache.com/2012/09/20/a-diy-ro...And for the truly hardcore :)http://www.mrmoneymustache.com/2014/06/23/how-to-c...
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9 August 2023 | 22 replies
The suburbs are fine, but investors trying to DIY manage in the City of Detroit usually get eaten alive.
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21 November 2023 | 77 replies
Just like the shows on the DIY networks that flip a house in 30 minutes and make a BA-ZILLION dollars on every transaction, never saw anyone lose a penny.
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19 August 2023 | 19 replies
There are lots of mold test kits available if you have doubts.
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10 May 2015 | 10 replies
I cant tell you how many times I have come into a rental, recently purchased by an investor, to change out a dishwasher, only to find the last DIY owner jury rigged the whole deal to save a few cents.We are in the middle of a duplex deal and I have thought a lot about whether or not to keep the dishwasher and the garbage disposal.