All Forum Posts by: Daniel Scruggs

You just bought your first (or next) property, Great! Now what? Are you confident you can run that project in the time and budget you projected? After this session, you will be!

Takeaways from this session will include, but not be limited to:

Real-world tips and tools to stick to budgets and schedules

An in-depth look at each part of the Rehab process, and how to optimize them

Overcoming THE biggest problem with investor contractors

How to scale your business to handle 2, 3, or 10 projects at a time

And many more!

 Thanks @Rob Lawrence.  Hi @Erin Peluso feel free to send me a PM, I’d be happy to discuss your real estate project/goals and see if we are a good fit for each other. 

Hey Buyan, 

Fleming does offer a loan brokerage service and can help you with what you are looking for. You can feel out the application at Flemingpm.com or as always feel free to give me a call to discuss.

Thanks

Dan

Hi Brandon, 

I can help you with that estimating rehab costs, I'd be happy to connect and discuss. 

Thanks
Dan 

Hi Robert,

Although I have not used these companies for my personal properties, I have clients that do and I hear nothing but good things about the following. 

Otter Property Management www.ottermanagement.com

TrustArt Realty www.trustartrealty.com

Best of luck with your search.

- Dan

 Hi @Joshua Messinger,

I just sent you a connect request, let me know when you have some free time to discuss. 

Thanks

Dan

Hi Everyone,

Hope everyone is enjoying this Friday, I want to share a recent experience regarding sprinkler systems/permits in Philadelphia and how they are required on 3 units or more, also including converting a duplex into a triplex, quad, etc.

We're currently working on a project converting a triplex to a quad in Philly that we originally believe we would have to add a sprinkler system to the property. However, after some research and a little back and forth with the architect we were able to find out that Philadelphia has some exemptions for sprinkler systems/permits. Fortunately for this project, it fell within those exemptions ultimately saving approx. $50K for material/installation along with months of holding cost that will no longer have to wait for permits to be issued.

Of course, this will not happen for every project but it's just a little reminder to make sure you and your team do their due diligence. It can turn a good deal into a great deal!

Have a good weekend,

Dan

Good morning, 

Thanks for your input, I will look into everyone suggestions and will keep you updated on how I plan to move forward. 

Thanks again,

Dan

Hi everyone,

I currently have a Property Manager for my unit in Wilmington Delaware but want to start exploring other options with the end goal of managing it myself. I don't think it should be too difficult, it's already rented by tenants that just renewed their 12-month lease and would primarily need a service just to collect rent and maybe find a contractor / handyman when needed. 

I was thinking about trying Zillow Rental Manager and curious if anyone has had any experience with it? If not, what management system are you currently using and would you recommend it? I'm would also be open to any well-recommended Property Managers but once again that would not be my first option. 

Thanks for your time,

Dan