In our latest visit to a rental property, we address ongoing water issues by meeting with a professional contractor for the first time. Understanding how to effectively manage water problems is crucial for maintaining the integrity and value of any property.
Key Points from the Visit:
Initial Assessment: Upon arrival, we walked through the property with the contractor, identifying areas with water accumulation and potential drainage issues.
Expert Insights: The contractor shared valuable insights on the causes of the water problems and suggested practical solutions to mitigate them.
Proposed Solutions: Discussed options including installing a French drain, improving gutter systems, and regrading the landscape to direct water away from the property.
Next Steps: Planned a follow-up visit to start the implementation of the chosen solutions and monitor their effectiveness.
Meeting with a contractor is a crucial step in addressing water issues on any property. By leveraging their expertise, we can ensure that the right solutions are implemented to protect our investment. Stay tuned for updates as we continue to work on this project.
Have you had similar experiences with property water issues? Share your stories and advice in the comments below. For more real estate tips and updates, subscribe to our YouTube channel and follow us on social media.
Improving in any field is a gradual process, and real estate is no exception. Just like learning to play the piano, success in real estate requires patience, persistence, and continuous effort.
Initial Stage:
Quick Wins: Just as new pianists quickly learn basic songs, new real estate agents might experience early successes, such as their first property sale.
“The way to get started is to quit talking and begin doing.” – Walt Disney
Intermediate Stage:
Building Skills: As pianists hit plateaus and need consistent practice to improve, real estate professionals must deepen their market knowledge and build a steady client base through continuous effort.
“Success usually comes to those who are too busy to be looking for it.” – Henry David Thoreau
Advanced Stage:
Refinement: Mastery in piano involves refining techniques and learning complex pieces. Similarly, seasoned real estate investors refine their negotiation skills, stay updated with market trends, and offer superior client service.
“Don’t let the noise of others’ opinions drown out your own inner voice.” – Steve Jobs
Conclusion:
Success in real estate, much like mastering the piano, is a journey. Each stage builds on the last, and significant improvements come from sustained effort over time. Patience, dedication, and a commitment to continuous learning are key to achieving long-term success in real estate.
(View this article on Youtube in the video above or click here.)
Why Our “Summer Sprint” is a Great Strategy
Our “Summer Sprint” strategy embodies the best of both worlds: the patience of gradual improvement and the momentum of consistent action. By aiming to get better by just 1% each day over the next 90 days, we embrace a philosophy of steady, incremental progress. This approach ensures that we build strong, sustainable skills and knowledge.
Scientific Backing: The concept of continuous, incremental improvement is supported by research. The theory of “marginal gains” popularized by Sir Dave Brailsford in cycling showed that making small improvements in various aspects led to remarkable overall performance enhancements. Similarly, research by Stanford psychologist Carol Dweck highlights the importance of a “growth mindset”—the belief that abilities can be developed through dedication and hard work—which aligns with our strategy of consistent daily effort.
At the same time, by committing to take action every day, we maintain a fast-paced, proactive mindset. This daily dedication helps us capitalize on opportunities, stay ahead of the competition, and continuously push ourselves to achieve more.
Combining slow, deliberate improvement with a fast, action-oriented routine sets us up for significant, lasting success in the real estate market. Join us in the “Summer Sprint” and watch how consistent, daily efforts can transform your real estate career.
Join me and the rest of our WREIA crowd Monday night where I want to share a few of the areas we are planning to put our energy.
With just a little time, effort and focus – let’s “Build a Better Business” this summer.
2024 is starting to feel like the beginning of my career nearly 30 years ago.
We are even starting to see people ask about “assumable mortgages”. Something we as a community haven’t even talked about in a number of years.
If you are curious how they work – this families story is a great way to see them in motion. This is an uplifting story that will make your day and give you hope – especially if you are frustrated with the current market of high interest rates and low inventory.
If you are a buyer – you are probably frustrated with the lack of inventory. There are sometimes ZERO homes for sale in a neighborhood.
If you are a seller – you are probably frustrated with the high interest rates you would have to pay if you moved to a new home today.
It’s created a bit of a stalemate in the real estate market.
The story above should give you hope that with just a bit of creativity – we can get things moving again.
Whether you are a buyer or a seller, let me encourage you to keep going.
Now is a great time to grow your business. In just a few weeks summer will be coming to an end.
You can spend the next few weeks on the beach, at the pool or with some family or friends simply relaxing.
Or….. You can devote some of the next few weeks to learning and growing.
I suggest there is time for both. You can take a few days and have some fun.
But you could also devote some time to learning something new this summer.
If you haven’t heard – we have started our “Summer Sprint” at my office.
I challenged the people I work with, and even a few friends to get better over the next 90 days.
The Summer Sprint is really just a time where we all want to grow in some way, just a little bit, every day.
Join me and the rest of our WREIA crowd Monday night where I want to share a few of the areas we are planning to put our energy.
With just a little time, effort and focus – let’s “Build a Better Business” this summer.
Grab a virtual seat for Monday while you still can. (Yes, they are still free. Thanks Covid for showing some of us we can still be productive from home.)
There is a quote by Draymond Green, a professional basketball player, that is motivating me this summer.
“If you’re not getting better, you’re getting worse.”
Mr. Green has plenty of room for improvement on and off the court. He has been ejected from games, received suspensions from the NBA and even had some altercations off the court that landed him in the headlines as well.
But, he has also been an All-Star, played in the Olympics and even won the NBA defensive player of the year in 2017.
This summer I am pushing everyone in my office and on my team to start the practice of getting better every day.
That includes me.
I had a good look in the mirror and realized that I was getting a little comfortable, and I was starting to fall behind.
Over the last 3 decades I have flipped a lot of properties, rented many homes, managed a lot of properties for myself and other people, and raised a lot of money.
When I looked in the mirror earlier this year I realized I needed to make some changes – because in a word, I was getting – LAZY.
Summer offers a great time to re-organize your business as well as your personal life.
After talking with a few friends, both inside and outside of real estate, we informally agreed to push each other this summer.
If your interested in hearing more about the specifics, join me Monday night at WREIA.
To start – you will hear a little more in a video we just posted a few minutes ago:
I hope to see you Monday night for our June WREIA meeting.
Now –
Let’s take your existing skills and knowledge and convert it into extra profits for your business.
This Monday at WREIA let’s talk about making your business better.
