dREw @Co11egeLandlord
Cheers. Growing a one-man show student rental portfolio Nebraska, USA Joined August 2019-
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Last day of lease today. Tenant just asked what time they need to be out of the house because they haven’t found a new place to move to yet. This should be a fun turnover
Would highly recommend going through your yard with a magnet after all contractors and subs are finished. Pulled about 10 of these out of a rental house yard today after contractor said he “cleaned up”
Asked appraiser last week to consider 7 other comps after appraisal came in low at $190k when it should’ve been $220k. Got new report back today. He used 4 of the comps. All C3 condition which was same as my property. Tanked each comp by $10k-$15k for “condition” causing the…
4 month, $100,000+ renovation project all to make $1k/month in cash flow. Man I love real estate investing!
Just had a house we recently remodeled appraise $30k low. Was the worst appraisal I’ve ever seen. Appraiser valued a large shed on a comp as equivalent to the 900sqft garage with 10ft ceilings on my property. Had another “comp” that needed $40k of work labeled as “similar…
Working on a duplex right now where one side used to be a dentist office. We were able to eliminate three of the exam rooms and turn them into an open living room & kitchen by putting up LVL beams. Certainly learning a lot from this money pit!
When I bought this house, the basement ceilings were old drywall and less than 7ft tall. To open things up, we tore down the drywall and painted the ceiling joists black. Turned out really cool and feels way more open!
Took these laminate countertops from boring to new with a $200 epoxy paint kit. 100% doing this for every house moving forward (as long as they hold up)
Had some extra ceiling paint laying around so gave this a shot. Paint really is the number 1 ROI in real estate!
I’ve said it once and I’ll say it again. Only plant trees on your rental properties if you hate money and hate yourself. Dropped another $2k today on cutting down a big tree and trimming up 2 others. Absolutely 0 value
Have been trying something new. I started targeting single families with large garages on the alley. I’ve been taking the garages and turning them into small shops. OSB walls, insulate, separate electrical meter, 220v service, add white rock parking (this one was already…
Here’s a good video reminder to check all your systems before tenants move in after a remodel. New tenants just moved into my house this past week. Drain from washer was clogged leading everything to come up the floor drain and flooding the basement. It’s been a fun Monday!
Just pulled these carpets up to find this! Man I’d love to talk to the guy who thought the pink shag looked better than the hardwood
Thinking of pulling this wall out between the kitchen and living room. What’s everyone doing in this situation?
Closed on another beautiful 1930s SFH this past week. Got it off the MLS surprisingly. Was on the market for 2 days at $192k when I put an offer in for $160k. Under contract 2 days later, no negotiation. Make offers! Never know when one might hit
Real feel of -37°F this morning. Girlfriend having the time of her life helping move appliances into the rental!
Shawn Gorham @shawngorham
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@Channel8ABC As long as their not resorting to violence or squatting on private property, go right ahead - it’s your right as an American. Much better than what we’re seeing on other campuses.
@GrulkeLamonte Is that a sealed concrete floor? If so that’s definitely contributing to the delay.
Police are only allowed to breach on the ground level (§ 420.69 ), Any arrests that result from a second floor or higher are unlawful arrests and you are legally allowed to resist. Don’t give up!
BREAKING: Police at Columbia are entering Hamilton Hall:
@JohnEkdahl If the police don’t come after 10 minutes, they’re legally not allowed to arrest you
@JohnEkdahl As a licensed notary public, I can confirm this is correct. They need a vertical space permit
@SarcasticCupcak You’d think 420.69 would have given it away
@Co11egeLandlord That's gonna get interesting then
Mistakes I see new college landlords make 1. individual leases 2. not including washer + dryer 3. carpet (capital offense) 4. any grout that is not dark 5. not requiring renter's insurance 6. dropping prices too early (7 months out) 7. keeping prices the same too late (3 weeks…
@MarioNawfal I am willing to bet 50% of the”students” are not students of Columbia University
Someone said I was unprofessional I thought about it. He was right. I am But it works. Here's why. I'm relatable. I buy business from blue collar people. They want to do business with people like them. Unprofessional Professional ≠ profitable
@SpaceCoastCRE @nebraskabryce probably has some "industry" contacts.
@Bethazor1 Mine: Applied Math & Statistics (Primarily AI/Financial Math) License: Never needed it
Mine is residential pressure washing
@Co11egeLandlord “How’s about….4 hours aaaannndddd 10 minutes.”
@Co11egeLandlord This is why the Mafia had people who were real estate agents during the day
@Co11egeLandlord AHAHAHA....i work with a 40 yr old man just like this!! 🤣🤣🤣
@Co11egeLandlord What do you do if they want to stay and you don't want to renew their lease??
@Co11egeLandlord Great planning! They should be a travel agent if they aren’t already !