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26 September 2023 | 28 replies
Managing a team of PMs with no PM experience is a bit like trying to manage a law firm with no legal experience, or trying to manage an auto shop with no mechanical experience)So, if you want to be a legit real estate investor and build up a significant portfolio, you need to get experience with property analysis, acquisition, and PM--and house hacking is one of the best, quickest ways to get that experience (while also making money).
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13 October 2021 | 26 replies
If cars come and go, then it's a "mechanic" working out of his home.
17 March 2023 | 31 replies
Notice definition speaks nothing of deployment mechanism.
5 June 2023 | 11 replies
I tried to plow snow this winter, but multiple mechanical failures netted a loss of over $2000 while working a lot of hours.A job is not realistic.
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26 September 2023 | 9 replies
I run a title search, I also check the appropriate court and county records to look for any additional liens such as mechanical liens, construction, municipality ect...
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21 October 2022 | 10 replies
I am a fisherman in Alaska during the summer and a mechanic for ski resorts in the winter traveling between the two I only work around seven months a year .
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21 September 2023 | 16 replies
It depends on how much of the property has been updated.An old house with new electrical, mechanicals, plumbing, windows, roof, etc. should not have maintenance issues.
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15 November 2022 | 22 replies
A draw model would have you fronting a certain amount of the repairs, getting invoices to show as paid from the various contractors, and obtaining mechanic's lien waivers in order to then get a certain amount of money refunded back to you, which can act to replenish your capital available to the next stage of the renovation.
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18 June 2023 | 15 replies
HOWEVER, if you plan on doing anything beyond cosmetic work (structural, mechanical, electrical, etc.), you should be using licensed contractors, especially if you're doing work that requires a permit.
30 April 2017 | 26 replies
Lots on the mechanics of Sub2 though If anyone is colleagues with @Steven Hamilton II, please PM him with this question and let us know what he says.