All Forum Posts by: Jesse Tsai

Every county is different. 

For an integrated solution that youre describing, there's not going to be an off the shelf website or software.

Most of us develop the solution ourselves. 

Been trying to go for last few months, but keep missing due to travel.  I'll try and make Jan/Feb.

I submitted a couple of my properties to see the process and what they would offer.

I found their platform was super slick and incredibly advanced.   Their offers were about 5% below market less their fees and repairs.  I could see how their offer could be compelling to a retail seller.

As others have said, their criteria is pretty specific, ie no gated properties, > than a certain age, no pool, only certain areas etc.

Nonetheless, I think they could be a significant disruptor in the industry.  The way real estate is transacted is still pretty ancient, inefficient, and largely depends on a bunch of cartels that many of us are members of (Local RE Boards) that have a choke hold on each market.

@Haseeb Awan

If the PM company can create 10 jobs per investor for 2 years, then it could qualify, in theory.  

You can always just get coupons through USPS new mover package, or buy them on ebay.  Then stack a further discount by buying discounted gift cards from a site like raise.com.  

I would guess the largest PM companies would be the large funds. Some that come to mind: American Homes 4 Rent. ~45,000 homes Starwood Colony/ Waypoint Homes / Colony American Homes 30,000 homes Both companies are public, which makes their SEC filings an exciting read for any experienced buy and hold investor.

I've been testing cameras with video sent over cellular. Right now I'm testing a Xiaomi Yi dome camera and a generic RTSP IP camera. The camera is connected via wifi to a TP-Link router with a LTE air card plugged into the USB port. Both cameras work fine for monitoring. My goal is to have the video sent to a cloud NVR 24/7. The challenge I'm running into is AT&T is AT&T doesn't open any ports to make it possible. I heard it's possible to get a static IP on Verizon with ports unblocked, so I'll test that soon.

Wedgwood is a good example of how big a rehabbing business can get.

How much are typical closing costs in your area?

This is absolutely 100% a scam.  His only goal is to get your $750, and once he gets it, you'll never hear from him again.

No HML would make a $14K loan. Especially at 8% with no prepayment penalty. It would be a waste of time to do so.

You're trying to rationalize it, believe it, and justify it. But it is a scam.