Kevin Lin
what motivates a realtor to be BRRRR investor-friendly?
9 July 2024 | 6 replies
They also offer potential partnership and more efficient systems than I can offer on Rehabs, management, etc...I love to work with investors, it is the folks that are never going to buy that want hours of advice for free that are the tough ones.
Carolyn Mazzola
RentRedi vs Property Manager
9 July 2024 | 8 replies
I'd prefer to use RentRedi for those things, being from the Bay Area it seems highly logical to me to use a digital platform for everything, it is much more efficient and cost effective.
Sam Zawatsky
Should I get new cabinets, toilets, etc?
10 July 2024 | 31 replies
As you're already replacing the old tile floors with LVP, installing new toilets like the American Standard Cadet 3 during this process is practical and will provide a more modern and efficient bathroom setup.
Yongming Huang
Why are real estate agent commissions so high in the US?
10 July 2024 | 87 replies
Even then, there not doing too well. eXp thus far is the leader in sorting the most efficient manner of doing it all, at lowest cost.
Tyler Gilpin
Keeping track of portfolio financials
8 July 2024 | 20 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
Adam K Garrett-Clark
14 Property Portfolio Oakland and Richmond (Help me analyze this deal)
8 July 2024 | 0 replies
Many of them are right next door to eachother so management could be made more efficient.
Ross Francis
Maine-tenance on multifamily
8 July 2024 | 2 replies
. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!
Sartaj G.
Paying down 1 or 2 morgages faster with extra payments
11 July 2024 | 22 replies
To me a slight in efficiency in storing money is a SMALL price to pay for the ability to act on an opportunity when it arises.
Mindy Jensen
Structural Engineers: Can an aluminum I-Beam span 25 feet?
9 July 2024 | 17 replies
In the physical arrangement as an I-Beam, the aluminum is far more efficiently used but not as stiff with its bending modulus at 22 to 25 in^4.
James NA
Networking & Starting Out; Should I get a realtors license?
8 July 2024 | 1 reply
This may be an overly ambitious strategy considering that I am inexperienced in both DIY and sales contracts, but in theory it seems like a very efficient option.