With the world going crazy right now… We are putting a focus on (and recommending you put a focus on) vacant properties. There’s nothing easier than an owner mailing you a key or giving you a lockbox code. It really doesn’t get more convenient. On top of that, a lot of our recent leads/calls are looking for more liquidity right now. Here’s how to pul the list!
This week started out rather interestingly for me…
Someone stole an entire kitchen out of one of my vacant rentals. Unfortunately, we use a higher deductible as a form of “self-insurance” to lower our premiums. It’s not even worth us filing a claim. Watch the video for full details.
We let the cat out of the bag on one of our secrets. We’re using a software that combines A.i and machine algorithm learning to predict whether or not properties will sell. The data is so accurate that on the month my wife and I sold our house they had us at the top of the list. The company I go through doesn’t advertise that they offer this. They’re not cheap at right at $1,500 per month. If you want an intro please email me at Ryan@ryandossey.com. The founder of this tool is a friend of mine so please only ask for an intro if you’re ready to give it a shot. I don’t want to waste his time.
Noah and I released a follow-up video to our previous one on building a property management business. Having a bad PM company or not doing a good job with it yourself is an incredible way to “sink” your portfolio. We had some serious issues in 2019 when our in-house PM wasn’t posting notices/filing evictions in accordance with our policy. You make your money when you buy but you keep it through your management.