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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: Road Walker who wrote (1947)9/26/2013 2:18:24 PM
From: Jurgis Bekepuris  Read Replies (1) of 2722
 
The business doesn't lend itself to mass volume. Too many grey area details spread over too much geography, no two situations alike, no two tenants alike. It just doesn't scale.
It could work. Just maintain an office in every city with couple incentivized guys, who take care of everything locally - getting contractors/etc. Don't spread out too much, so you don't need 100 offices.

Clearly, there's more overhead than dealing with apartment building(s), but if the price is right, the overhead might work out.

I agree that there are tons of ways to do it wrong though. :)

Off topic:

This is a guy that I usually pay him about 30% more than he invoices as I think he's worth it and doesn't charge enough.
Now I know why I can't find good handyman/etc. people. I don't pay them 30% extra... :(

Trying to find someone to do my gutter cleaning - light repairs. All places around have horrendous reviews on Yelp. And the recommended guys don't return my calls or tell me they are booked. :(
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