All Forum Posts by: Joanne Eriaku

Before covid, I was in my cushy corporate job head down, after covid, I want almost nothing to do with a corporate job. I'm concentrating on building my dream, started my LLC and I'm doing everything to make it happen

Analysis: of Deals and of Markets, People skills, Developing systems so you be more of an entrepreneur and not a technician (Read E-myth for this one)

Flat rate for a certain number, then for every additional person, price upwards. For example 4 pax equals X dollars, for any additional person above X dollars, add Y per person. Thats how I'd do it, having said that, these are repeat clients from what I read, is there a reason you would be charging/treating them differently? if it aint broke....

@Peter Thirawankanok if its Hard Money Lenders, they pretty much have fixed terms, it would be more of you abiding by their terms and not them abiding by yours.  If its private money, way more negotiable, you co-create the terms. If the deal is really good, you will definitely find Hard money willing to fund, if its a wonky deal....thats a tough sell. I would start by calling them, letting them know you would like to establish a business relationship with them and would like to know what it takes. 

@Michael Bennett, I'm not from Ohio but could the following help:

Online: Homeadvisor, Bidclerk, Angie's list, Thebluebook.com
Referrals from Job Sites- if you find a place near by n you like their work. Observe the site, the organization of the site, the workers attitude to the work.
Suppy Houses like Home depot Pro desk, look for those who are there early in the morning
REIA/Networking- ask for referrals
Building Department- although they cannot give you referral, they will let you know who they regularly work with

@Justin Campbell Thank you, thank you ever so much, Listsource has been mentioned twice now. Thats a good sign. I'll also look up Siobhan.

Hi Noah, the fact that the tenant was honest enough to tell you before locking you into a lease is a testament of their character. By all means, I would rent to them. I am going to assume that the biggest needed is ADA type compliance. I would totally rent to that tenant

Not everyone gets paid through Bank account, I would obtain a letter of employment with salary stated and call HR to confirm. Landlord being in your bank accounts sounds a bit too off

@Bennett Steinle while scrutinizing the data, please don't forget that a good deal is made up of much more than just how distressed the property is. Factor in a 360 degree view of analyzing your deals, for example:

comparables sales prices, factors affecting the market, market conditions like Foreclosure rate, days on market, median sales, in addition to analyzing the actual property itself like Estimated After Repair value, Repair estimates etc. Feel free to reach out for more due diligence analysis. 

Take pics n video if you can while you are doing the 911 thing. Something similar happened to a colleague, he was able to video the guy which led to his arrest within an hour after he fled