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24 May 2021 | 18 replies
@Natasha ShamoonI started with turnkey remote rentals in 2009-2015 while working my engineering W2 job.
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4 August 2021 | 2 replies
There are several add on features to the property as far as additional rent and storage opportunity as well as a banquet hall and re-opening a small cafe on site.
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11 December 2021 | 25 replies
BP just released a podcast featuring Avery Carl (Ep 517).
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10 October 2022 | 14 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.
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11 April 2023 | 61 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.
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1 February 2023 | 3 replies
I really need help navigating how i could potentially fix this because I am not sure anyone would like it if I just made the features more modern.
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29 November 2016 | 5 replies
Hello,I'm relocating to Sioux Falls, SD for at least a couple of years and am looking to buy a fixer (I like to build in equity and my wife is an Architect and Project Manager) to be our primary residence, then rent it out if/when we move away.I'm an experienced real estate investor (buy + hold for rent) but don't have a team anywhere near South Dakota.Would appreciate referrals for:Real Estate Agent (ideally experienced in income properties but I've checked out the purchase and rental markets in Sioux Falls remotely and really just need someone for showings and the transaction)Inspector (someone extremely thorough - I need to know exactly what I'm getting into so I can plan and budget properly)Contractor (looking for licensed, bonded, experienced, inexpensive but reliable - I'm willing to pay more for durable and low-maintenance rehabs and renovations)Property Manager (I will no longer be living in the area when the property becomes a rental)Handyman (if I don't find a Property Manager I like, I'll manage remotely but will need someone who can respond to urgent and/or low $ maintenance issues - I'll remotely hire trades to deal with bigger issues.
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4 January 2017 | 16 replies
In 2018 Baltimore County is requiring carbon monoxide alarms / detectors to be:hardwired with a secondary battery backup (similar to smoke detector requirements in Balt County now)battery must be sealed, tamper resistant, and must last for a minimum of 10 yearsconnected to an on-site control unit that monitors the carbon monoxide alarm remotely so that a responsible party is alerted when the device activates the alarm signal and receives its primary power from a battery or the control unit(Ref: Baltimore County Notice with details)The one in bold specifically concerns me.
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11 August 2021 | 9 replies
@J Scott I see some other big investors in my area featuring their BBB accreditation in a lot of their marketing materials.
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28 March 2017 | 17 replies
In my county/ area , people love the older cabinets that are ornate and have unique features.