Good morning! Sharing a lesson I learned recently on INSURANCE in regards to one of our rentals. Let’s jump right in. So, as we do, let’s talk Real Estate, let’s talk INSURANCE (for rentals)… WHY ARE WE TALKING ABOUT THIS? Over the past couple of months we have put a lot of work into one of the properties up in […]
Good morning! Keeping today short & sweet because let’s face it, the day before Thanksgiving is basically a holiday in and of itself! Today I’m just providing you a quick update on what we have been working on – RESTORING OUR RENTALS. So, as we do, let’s talk Real Estate, let’s talk MAINTAINING & RESTORING YOUR PROPERTIES… So, everyone who […]
Good morning! Today we are less real estate focused and more business focused. Over the past couple of months I have briefly mentioned that we started using QuickBooks. While you would think it would be fairly straight forward, there is actually A TON to it, and I was SERIOUSLY confused when I first signed up for it. Now, there are […]
Good morning! This week is going to be a bit different! A few of you brought an article to my attention that was in the Washington Post recently titled; “Owning your own home doesn’t make you rich. Owning somebody else’s does.” While the article itself may be perceived in different lights, it inspired me to reflect on why people have […]
Good morning! So I try to keep this as REAL LIFE and RELEVANT as possible. I want to tell you about a revelation I had on Monday. Around 2 pm, I received a call from our contractor in Philadelphia about whether or not we wanted to include a dishwasher and a disposal in each kitchen for the duplex we are […]
Good morning! Over the past few months we have gone from “managing” one vacant unit to managing four occupied units! We have been fortunate and unfortunate enough to learn A TON in those few months. One thing that has really shocked us is just how many “bad landlords” there are out there. Our team has always been on the same […]
Good morning! About a month ago we made the decision to stop working with a property manager and start managing our own properties! Let’s talk about that. So, as we do, let’s talk Real Estate, let’s talk MANAGING YOUR OWN PROPERTIES… FIRST OFF, WHAT ARE THE ROLES & RESPONSIBILITIES OF A PROPERTY MANAGER? Essentially… Set Rent Collect Rent Screen […]
Good morning! Over the past month we have acquired a triplex and are working to close on a second single family home in the coming weeks. Now that we are finally expanding, my former risk analytic minded-self felt it was pertinent to start putting together some monthly reporting for myself, and my business partners. So, as we do, let’s […]
Good morning! We are gearing up to start a second flip (fingers crossed), and I am working to ensure we have enough cash in the bank. There are so many ways flips, funding, the whole thing can go wrong. Let’s talk about what I am doing to prepare, and hopefully after reading this, you can share some tips with […]
Good morning! Filling you all in on something I learned about last week… FRAMING. So, as we do, let’s talk Real Estate, let’s talk FRAMING your property… ALRIGHT SO , WHY ARE WE TALKING ABOUT FRAMING THIS WEEK? Well, for those of you have been with us a while, you may remember me telling you about how I had drawn […]