All Forum Posts by: Darryl D.
Darryl D. has started 5 posts and replied 40 times.
Post: Realeflow, Is it necessary? What do you use for your business?

- Detroit, MI
- Posts 42
- Votes 19
What are the main things you like about Realeflow outside of hosting and contacts? If you're just using some of the features, then you may need something more suited to those features.
For hosting you have a few outlets depending on the purpose of your sites.
For contacts, what do you typically do with those contacts in while using their system?
I may be able to help you with some custom, PM me.
Post: Inherited Tenants ( Is it worth to deal with them)

- Detroit, MI
- Posts 42
- Votes 19
A hoarder and a section 8 tenant is a recipe for disaster. Filling a vacancy is less costly than prolonged damage and losing $200 every month. You inherited a property, don't inherit the burdens :)
Post: How personal do you get in your blog?

- Detroit, MI
- Posts 42
- Votes 19
Originally posted by @Jay Helms:
Originally posted by @Darryl D.:
I guess my question to you is what's the purpose of the blog?
- to make money?
- to establish a identity?
- to build trust?
- to create leads?
Once that's defined, I think it's easier to create a formula of how much personal info to share.
Great questions Darryl. Actually all 4 :). But if I listed in priority I see the path to success as (1) establish an identity (2) build trust (3) create leaders (4) make money. Do you currently blog and what is your strategy?
If that's the case, I would say 60% business 40% personal. Most of the reason for the 40% is from building trust, you want people to know you're a human not a humanoid-realestate-salesman, lol. Now the content of the business portion is a different story. That also needs to be defined because if you're selling yourself too much in that 60%, it kills the trust factor.
I do a nice amount of brand consulting so more setting up strategies for other people/companies blogs than working on my own, lol. My blogging is 90% personal but based on business (ex: giving my personal outlook on the business I'm doing), if that makes sense...
Post: When to get a property manager?

- Detroit, MI
- Posts 42
- Votes 19
I think the formula comes from what takes up most of your time by managing these tenants, in the last few months, what took up more time than what you are willing to allocate?
If it's maintenance, get a good general maintenance guy (that uses email) and a simple property management app (i started working on one tenantsq.com but, not enough time in the day to finish...) that's geared towards a small amount of rentals, cozy seems like a decent one
If it's communication, may want to simplify that and maybe only communicate via emails so you can check it on your time opposed to them blowing up your phone.
I think, its a lot you can do before going to property management, i think you move to that once you want to be hands off completely. If that's your case, get someone to manage :)
Post: Section 8

- Detroit, MI
- Posts 42
- Votes 19
Pros - worry less about getting paid because it's coming from the city/state
Cons - much higher risk of property damage and the city/state isn't always gonna cooperate with getting those things fixed
I can go much more into details but, I think I'll keep it short. I worked for Section 8 (in Detroit) for 7 years.
My question, why would you want a section 8 tenant?
Post: How personal do you get in your blog?

- Detroit, MI
- Posts 42
- Votes 19
I guess my question to you is what's the purpose of the blog?
- to make money?
- to establish a identity?
- to build trust?
- to create leads?
Once that's defined, I think it's easier to create a formula of how much personal info to share.
Post: Should I start property management company?

- Detroit, MI
- Posts 42
- Votes 19
I appreciate the awesome insight.
I've been reading commercial real estate is easier to deal with than residential. I wonder if it's any truth behind that. I've worked for Section 8 for 7 years and my dealings with angry tenants.
Post: Should I start property management company?

- Detroit, MI
- Posts 42
- Votes 19
Considering joining a friend to start a property management company, they have a ton of experience in the area but, wanted an outside opinion on the areas that are very frustrating or the parts that was pretty easy going.
I pretty much summed a lot of my research in a few buckets, so curious on people take on some of the following
- Dealing with legal paper work
- Accounting for owners
- Maintenance issues
- Dealing with preexisting tenants
I think legal work and accounting concerns me the most. Curious to get input from those in property management.
Post: Management software

- Detroit, MI
- Posts 42
- Votes 19
what aspects are you looking to manage? I most of the current apps are geared towards enterprise which results in overkill for a few properties.
Post: Who to choose for web hosting & email?

- Detroit, MI
- Posts 42
- Votes 19
Please dont use GoDaddy. Worked for them, in the past, not a fun experience and feel sorry for the customers.
I like Google Apps and Bluehost.
Google is you want more of a enterprise setup for many people.