George P.
#37 rental was purchased today
23 February 2017 | 19 replies
I'm just wondering how far you want to scale up and at what point do you want to hire more out and automize. hey william,all good questions. i have not read that book, but i will see if my library has it. i actually do not have a monster day job, just a worker bee engineer without any dreams to climb the corporate ladder.i do not have a rentals limit, i just whatever fits my criteria and my style. by style, i mean, the house needs to have a curb appeal and be in the right area. there are TONS of houses i passed on because they were either "ugly, weird layout, or in an area that wont attract the tenants i target. if i have the money at the moment, if i like the house and if my crew is running low on "projects", i just get it. i have been holding a few houses for the past 8-9 months just vacant in case the market dries up and i need a large project to work on.I have not much work on the houses for awhile. i still help out if i have a few hrs off here and there, but my crew keeps me in check by working only 8-5 and no weekends. so it's easy to just check on the project when they are not there and since they are not there to work, i just leave. i have a good team now, but do not have anyone that can oversee everything like i do. maybe it's because it's all mine and i know it inside/out, but no one will care for it as much as i care and know everything about it. i have spreadsheets that show purchase price, move in, move out, any changes in rent, if they have dogs, what insurance i use, when's the garbage day, what appliances came with which house, water payments for the year, furnace filter size, etc, etc... i update those as the "issues" happen. no one can do a good job unless i pay them a lot of money.my current payroll is ~120k per year, all sustained by the business.i think about quitting my day job often, and i certainly do not need it. but it's easy money, and the biggest fear i have is rentals drying up, like they have been. then what am i going to do?
Chris Trull
I need help understanding the "Where"
10 March 2017 | 4 replies
Job Growth: Look for areas that are attractive for business formation and proliferation.
Brian C.
Experienced Rehabbers
11 April 2015 | 4 replies
Maybe you could share more about your background and what you bring to the table to attract rehabbing mentors?
Randy Marshall
Are Condotels a good investment?
8 March 2017 | 8 replies
We know that the place attracts those type of people who are willing to plunk down that kind of cash and avoid the chicago winters.
John Warren
Go small or go big?
10 July 2015 | 9 replies
Yet, they attract similar tenants as apartments do.
Pedro Bartolomei
Pottsville p.a. info or advice 🤔
28 November 2022 | 8 replies
Pottsville's downtown had been in decline with lots of empty store fronts but I think the arrow is pointed up with a couple of new restaurants opening up in the downtown and Yuegnling is a large attraction.
Lynette D Nickleberry
Modular and manufactured homes for short-term rental investment
13 January 2023 | 14 replies
It's located in an area with tourist traffic, so we are experimenting with renovating and furnishing the mobile homes one-by-one to rent out for short term stays.
Brandon Turner
What are you reading, right now?
11 March 2016 | 182 replies
@David Krulac, it's about learning and applying the Law of Attraction in all areas of your life to attract more of what you want out of life and less of what you don't ;-).
Andy Wong
CA wholesaler w/ MLS access
21 October 2013 | 4 replies
I as well have a website, and a sizable cash buyers list of absentee owners who have paid all cash in the last 3 months that I have yet to mail to.Also looking to network, and possibly be able to market someone's deals on my website to attract cash buyers from my mailings.
Doug Martens
Doug Martens from Milwaukee Wisconsin
2 June 2014 | 14 replies
Their marketing and presentations are very well scripted to allow them to attract new customers.