They want to close the deals, do the paperwork, manage the property, and take care of the repairs—because the only person they trust is themselves. However, if you have the proper team in place, you’ll be able to solve any question or problem you have, instantly—and be able to make more money.
Based on this experience, here’s what I’d do differently. I would hire a professional insurance adjuster or an attorney who understands what to do in case of a fire, flood, tornado, or other emergency. Once I found a good adjuster to work with, I would immediately triple the amount of the insurance claim on the [...]
A few years ago, tornadoes hit 150 of my properties, and 30 of them were almost destroyed. I had $180,000 in rent due to come in; $90,000 in notes, taxes, and insurance going out; and $270,000 cash in my operating account.
Some phone providers (e.g. Telstra) offer a discount if you have your home phone, mobile and Internet access with the same provider. Electricity Electricity companies also charge a connection fee and a security deposit, generally $100. The deposit is refunded with interest after you have paid your final bill.
• Whether you make a lot of long distance calls or not. • How many calls to mobiles you make; this is definitely the killer for me, because I often forget whether I am on the phone to someone’s mobile or their home phone . . . and rack up the minutes. The best way [...]