All Forum Posts by: Account Closed

5x8 enclosed trailer weighs 750 pounds and most sedans have at least a 1000 pound capacity. The limits can be pushed depending on distance and geography. A new one is about $2k. You can burn through a few transmissions before you even get close to the price of a truck. 

I love my truck, but I wouldn't let go of the trailer for anything. 

Minivans are ugly and cheap, incredibly practical. 

How would you be handling this situation if they had covid but were not aware of it yet?

Would you give them a bucket if their only toilet had stopped working, or the roof was leaking?

Are there more safety hazards? involved with space heaters running 24/7?

This is a very realistic situation a lot of us have been in that work on site. Sanitize things before you touch them. Wear a mask. Stay away from the infected. Wash your hands. Definitely dont lick the door knob or allow a faucet handle to touch your eyes. 

I would much rather go in prepared instead of an unsuspected curious resident that breathes on my neck watching over my shoulder as I pull their nasty hairs out of a shower drain.

Depending on where you're renting currently, you can probably rent that thing out for more then your paying. Unless a financial situation makes it more convenient to live there as well. 

The demand for short term furnished was incredible pre-covid. Not sure how it is right now. $3000 for a month still beats a hotel and eating every meal out with a family.

The expectations are high, needs to be super clean and look nice. Accessibility is a plus. The people renting wouldn't be here to party. 

I'm pretty sure there's a guy in the area that is in no financial situation to steal your deal, knows every street in town and would look at the property with you just as an opportunity to network with a future up and coming investor!

Am I missing something? Is it hardwood flooring? Or just hard, wood, flooring?

$75/hr = $25-30/hr after taxes and expenses including at the least; Clothes wear out faster, vehicles wear faster, tools, upkeep of tools, more tools, liability insurance, health insurance, lost time driving around only to find out you didn't notify your residents of entry, or they left their children or evil pitbull home alone. Licensing, continued education, all those little parts they had on hand...

Hire a guy for 20-25, or find someone to do it for cash. 

I do understand where your coming from, and feel guilty when I quote the $75 minimum rate. But if I can make more after expenses delivering pizzas, I'll do that instead. 

We rented a sander for our last house, and knocked it out over a few days. I can't think of any other flooring that would look that well over after 80 years. 

The plan, eventually would be to buy, flip and hold. As for now, I am focused (and stuck) on the education part. 

Considering my income will not change significantly at this point, lateral moves and opportunities aplenty across property management while any major advances typically require higher formal education or more years of service. There are definately higher paying jobs out there, but my network and free education in the industry are incredibly valuable, not to mention PTO and benefits making it more worth my time to work my 40, and then work directly for myself. 

Crap, I kinda forgot where I was going with that...So the intent of the real estate license would be to have the same baseline information my realtor has. Much like I have the same basic certifications or education my HVAC, plumber, electrician, mechanic, pool guy and home inspector have.

90 hours and a couple thousand could open more opportunities than buying the Real Estate for dummies book on Amazon, why get all the information without putting the extra effort in and being licensed as well?

Maybe it doesn't make sense at this moment, but maybe I do it now while I have the resources (time and money) so I don't have to worry about it when I have the resources to pursue more real estate purchases. 

Not to say I wouldn't considering representing, but I don't think theres a large enough clientele out there that values a socially awkward realtor showing up in a multicolored Accord, ripping cabinets down and chasing roaches around with an air nailer. But there is always hope!

 Thanks Evan!

What's the best way to get licensed in MN? Everything I've looked up all seems to have programs to become an agent, but I have no interest in selling homes. I really just want the information but why not get the license for my real estate journey as well?

Any info would be great, thanks in advance!

Anyone with $200 and the ability to remember things from a book can be a home inspector. Most are decent humans. Some just have no experience. Mine won't touch HVAC either. 

The recently rehabbed and open outlet are concerning. In my mind, there was once a gas stove and replaced with an electric. Instead of rewiring the stove from the box, they grabbed a hot lead from an adjacent outlet. Before assuming worst case - maybe there's a bad outlet and a bad heating element on the stove and are completely unrelated. If they did anything funky like that with the wiring there may be more surprises to be found.

There's always a list of things that sound concerning but they're to your advantage now!

At a recent holiday event: So-and-so talks about the lease on their brand new truck, someone else mentions the modern marvel that is a traeger grill, or an insta-pot. Pre- Christmas junk sold on Black Friday, or who had the best pumpkin lattes of the season. While the conversation flows a constant interruption from a phone chiming each time the wind blows a leaf in front of a doorbell. 

It's not wrong to talk about it, and there is no reason to ever feel guilty about having it. There's just people who don't have any concept of it.