Business, Reception Halls, Rental Properties

3D Virtual Tours Made Easy – Ricoh Theta V Review

3D Virtual Tours are becoming extremely popular due to people not being able to leave their homes currently due to the virus. We have been in the process of reviewing various 3D virtual tour softwares and 3D camera systems for some time now. We spent a lot of time reviewing them. In the end, we discovered a great combination which is meeting our needs well. And with things having been expedited with the virus, we've had a lot of practice to test it out. Works great!

In the video, I teach you:

- the 3 biggest advantages to us to using 3D virtual tours.

- How to set it up

- A common misconception about 3D cameras (hint: I thought they spun also)

- How they work

- Results of the camera we are using.

If you would like to get started on your own, here is a kit for using it:

Camera we are using

?Tripod

Software


The 3 Biggest advantages for us of a 3D camera System:
1) Competitive advantage over other brokers. We are planning to offer free 3D tours for any clients over $100,000 listing price.
2) Save time and money - how long does it take you to drive across town, and show an apartment? or worse yet, the prospective tenant doesn't show? GRRRRR!
3) Able to obtain nice wide angle still photos from the 3D tour.

With the virus pandemic sweeping the world. realtors are looking for ways to conduct business remotely. I highly recommend our sytem, and I detail it all in this video.

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Landlording, Real Estate Investing, Rental Properties

MultiFamily Rental Property: 10 Minute Phone Call Will Lead to $13,000 Net Worth Increase

Just before closing on the 4 unit, I called the Section 8 housing authority.  Since it has been over a decade since last having a tenant who had a voucher, I wasn’t sure if/how I could increase the rent to bring it up to market. The biggest question I was wondering…would the tenant have to pay for the increase? or would their part of the payment stay the same? Would it adjust proportionally? In this video, I show you what happened and how it will lead to a nice net worth increase in about 6 months.

This video piggybacks on the video from the other day that explains the latest project as well looks at the numbers behind the scenes. You can check that video out here:  multifamily rental property video – 4 unit.

Do you have Section 8 tenants already? What has been your experience? . 

Please comment below, share on Facebook or Twitter, and don’t forget to subscribe to my newsletter to get my free property inspection form and repair estimating cheatsheet.

Take care,

Brandon

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Landlording, Real Estate Investing, Rental Properties

Latest Portfolio Addition – Analyzing a MultiFamily Rental Property

In this video, I step you through the numbers for our latest project addition. It’s a 4 unit that we picked up for $18,000. It should cashflow right out of the gate. In this video, I talk about our plans for increasing the income, and what the future value looks like based on current market conditions.

Hey Guys. Let me know what you think….good deal? Bad deal? I’d love to hear your feedback on it. 

Please comment below, share on Facebook or Twitter, and don’t forget to subscribe to my newsletter to get my free property inspection form and repair estimating cheatsheet.

Take care,

Brandon

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