Love tools in the truck! (by NE [PA]) Jun 12, 2024 4:30 PM
Love tools in the truck! (by plenty [MO]) Jun 12, 2024 4:32 PM
Love tools in the truck! (by RB [TN]) Jun 12, 2024 6:21 PM
Love tools in the truck! (by J [IN]) Jun 12, 2024 7:25 PM
Love tools in the truck! (by Jason [VA]) Jun 12, 2024 7:49 PM
Love tools in the truck! (by 6x6 [TN]) Jun 12, 2024 9:07 PM
Love tools in the truck! (by BRAD 20,000 [IN]) Jun 13, 2024 12:24 AM
Love tools in the truck! (by BRAD 20,000 [IN]) Jun 13, 2024 12:26 AM
Love tools in the truck! (by Robert J [CA]) Jun 13, 2024 1:08 AM
Love tools in the truck! (by NE [PA]) Jun 13, 2024 8:03 AM
Love tools in the truck! (by zero [IN]) Jun 13, 2024 9:08 AM
Love tools in the truck! (by S i d [MO]) Jun 13, 2024 11:30 AM
Love tools in the truck! (by Ray-N-Pa [PA]) Jun 13, 2024 11:48 AM
Love tools in the truck! (by NE [PA]) Jun 13, 2024 11:50 AM
Love tools in the truck! (by NE [PA]) Jun 13, 2024 12:11 PM
Love tools in the truck! (by Busy [WI]) Jun 13, 2024 4:27 PM
Love tools in the truck! (by zero [IN]) Jun 13, 2024 6:51 PM
Love tools in the truck! (by BRAD 20,000 [IN]) Jun 13, 2024 9:03 PM
Love tools in the truck! (by NE [PA]) Jun 13, 2024 9:26 PM
Love tools in the truck! (by gevans [SC]) Jun 14, 2024 6:48 AM
Love tools in the truck! (by Busy [WI]) Jun 14, 2024 11:17 AM
Love tools in the truck! (by 6x6 [TN]) Jun 14, 2024 4:51 PM
Love tools in the truck! (by NE [PA]) Jun 14, 2024 5:01 PM
Love tools in the truck! (by zero [IN]) Jun 15, 2024 9:46 AM
Love tools in the truck! (by ken [NY]) Jun 15, 2024 3:03 PM
Love tools in the truck! (by gevans [SC]) Jun 15, 2024 4:55 PM
Love tools in the truck! (by don [PA]) Jun 19, 2024 2:30 AM
Love tools in the truck! (by zero [IN]) Jun 19, 2024 8:51 AM
Love tools in the truck! (by NE [PA]) Posted on: Jun 12, 2024 4:30 PM Message:
I just signed a lease. I was there about 45 minutes before the tenant was turning everything on and getting ready. I plugged the fridge in and the icemaker started smoking! No clue why. It’s not hooked up to a water source in this particular property, so I grab my tools out of the truck and unhooked it and threw it in the back of the truck. Had enough time to get the house, aired out and move forward with the lease signing. I know Vee would be happy with this one!
--174.249.xx.xx |
Love tools in the truck! (by plenty [MO]) Posted on: Jun 12, 2024 4:32 PM Message:
Vee is smiling! --172.59.xx.xxx |
Love tools in the truck! (by RB [TN]) Posted on: Jun 12, 2024 6:21 PM Message:
Way to go, NE.
--69.130.xxx.xxx |
Love tools in the truck! (by J [IN]) Posted on: Jun 12, 2024 7:25 PM Message:
For now I also love having my tools. --174.239.xxx.xxx |
Love tools in the truck! (by Jason [VA]) Posted on: Jun 12, 2024 7:49 PM Message:
Reason 999 as to why I don’t allow ice makers in any of my places. But I still keep a fully stocked toolbox in my Frunk most everywhere I go. Not because I can’t hire the jobs out, because I mostly enjoy diy projects --73.147.xxx.xx |
Love tools in the truck! (by 6x6 [TN]) Posted on: Jun 12, 2024 9:07 PM Message:
My favorite tool in the truck is the truck. What would man ever do without the mule and buggy or the modern-day automotive truck? --76.129.xxx.xx |
Love tools in the truck! (by BRAD 20,000 [IN]) Posted on: Jun 13, 2024 12:24 AM Message:
That problem give me the chills! Coulda been iced out.
We never turn off refs. They don't liek to be "stored".
My 200 point turnover checklist requires the ref be checked for COLD and FREEZE.
BRAD
--73.103.xxx.xxx |
Love tools in the truck! (by BRAD 20,000 [IN]) Posted on: Jun 13, 2024 12:26 AM Message:
Sssssmoking!!!
BRAD --73.103.xxx.xxx |
Love tools in the truck! (by Robert J [CA]) Posted on: Jun 13, 2024 1:08 AM Message:
For a client, I had to rewire a chandelier, sockets got blown because they tired to change bulbs with the power switched on. First I went to turn off the power at the main panel, breaker to the circuit. Clint had a car parked against the house so access wasn't possible, unit the husband came home with the only set of keys to the car. So I told everyone in the house not to play with the light switch, as I removed power to the switch in the wall switch junction box. I then capped off the wire with a wire nut. Everyone who entered the room tried to turn on the light and would have gotten shocked had I not removed the power to the switch.
This is like you ice maker in the frig. During showings with the ice level arm lifted to turn off the ice maker, all applicant open up the frig and freezer and play with the ice maker level are. No water yet, then the ice maker heater or gears would burn up. Therefore I remove the ice maker wire harness so there is no power going to ice maker, until after I hook up the water supply line.
Good one NE --47.155.xx.x |
Love tools in the truck! (by NE [PA]) Posted on: Jun 13, 2024 8:03 AM Message:
Strange Robert, since this fridge has been in the house a few years and never any water supplied to the ice maker. I always unplug fridges and turn off water heaters. Heat goes to 55 in winter. No sense burning utilities when 4-6 month vacancies aren’t uncommon. --24.152.xxx.xx |
Love tools in the truck! (by zero [IN]) Posted on: Jun 13, 2024 9:08 AM Message:
I change bulbs all the time hot. Have never had an issue. There isn't enough of an amp draw to do anything on a bulb in a chandelier. Now if I was messing with a high bay light that wasn't LED I would kill the power.
No ice makers here either. I might have a couple units with the thing still in there.
This is a good reminder to just remove them. It will allow more airflow in the freezer anyhow.
One of the biggest problems with still working on places is when I leave a specific tool at a jobsite and then need it on a quick job in another town. I have redundancies but things like my meter I don't want three or four of them floating around. That gets expensive real fast. --107.147.xx.xx |
Love tools in the truck! (by S i d [MO]) Posted on: Jun 13, 2024 11:30 AM Message:
Tenants provide their own fridge in my units. If there's one there when they move in, they can use it until it dies.
No need for tools to fix their fridge. *grins
--67.204.xxx.xx |
Love tools in the truck! (by Ray-N-Pa [PA]) Posted on: Jun 13, 2024 11:48 AM Message:
I applaud you NE.
Not knowing your business will cost an investor. Part of knowing the business is knowing when to stay in the right lane and knocking out those low hanging pieces of fruit as they come up.
Should you become that handyman full time........hmmmmm - you are wise enough to to see where the money is at. Saving money on repairs is wise, finding that next place to make money by adding value too can pay for more than a few trouble calls.
I think some investors struggle when it is finding that balance between being that Full time white collar investor and that full time blue collar handyman. If anyone can walk that narrow line, they can grow at a measured pace.
--24.101.xxx.xxx |
Love tools in the truck! (by NE [PA]) Posted on: Jun 13, 2024 11:50 AM Message:
Count your blessings Sid. I have units that rent for five or $600. Those people can’t afford their own appliances. --174.249.xx.xxx |
Love tools in the truck! (by NE [PA]) Posted on: Jun 13, 2024 12:11 PM Message:
Ray, if I don’t have any of my own units going on, I often times jump over to help other investors on their projects or some of the contractors that I use on their projects. It is nothing for me to make $35-$50 an hour in my downtime. do I want to do that? Nope. However $35 an hour times 2000 working hours a year is 70 grand. If 35 bucks an hour is Low hanging fruit and I don’t have anything else to do that day, you bet I’m gonna go make some money. --174.249.xx.xxx |
Love tools in the truck! (by Busy [WI]) Posted on: Jun 13, 2024 4:27 PM Message:
Not only low hanging fruit, but then when NE needs a hand, he’s got peeps to call for backup.
I wish I had your knowledge at your age, NE. Well, no regrets about my life, but still, I love your skills.
Ssssmokin’ . Made me laugh.
As for the truck, I hear ya, 6x6….. but… I have been pleasantly surprised with the utility of my mom-van. Tail sits lower to the ground, so easier to load the lawn mower, and, when I clear the back out, I can stack sheets of drywall or plywood, even on a rainy day. --172.59.xx.xxx |
Love tools in the truck! (by zero [IN]) Posted on: Jun 13, 2024 6:51 PM Message:
I would love to have all my projects completed so that I could consider going back to the realtors as a handyman.
Made decent money but took all my time. Only have a couple that contact me now. Mostly lock stuff. I do have one that contacts me for work on their personal place. --107.147.xx.xx |
Love tools in the truck! (by BRAD 20,000 [IN]) Posted on: Jun 13, 2024 9:03 PM Message:
Momma picks the home.
Momma wants an icemaker.
That one item might make the decision.
We do avoid them in low rents
but higher rents expect them.
BRAD --73.103.xxx.xxx |
Love tools in the truck! (by NE [PA]) Posted on: Jun 13, 2024 9:26 PM Message:
The ice maker in my own house has been broken since we bought the fridge 7 years ago. Im not putting one in a rental. That’s right up there with garbage disposals. Now the flips on the other hand, they definitely get them. --24.152.xxx.xx |
Love tools in the truck! (by gevans [SC]) Posted on: Jun 14, 2024 6:48 AM Message:
Had to remove an icemaker in an empty yesterday!
My hobby is tools. If I do my own work, I get to buy more tools...and they are a tax deduction. Win win!
As I get older I pick and choose the jobs I do myself. I'm hiring out more and more...but still like new tools! --74.222.xx.xxx |
Love tools in the truck! (by Busy [WI]) Posted on: Jun 14, 2024 11:17 AM Message:
Gevans, we have a saying in our house that is right up your alley: New project, new tool. This started when we were much younger and learning all our skills. It seemed if hubby didn't buy the tool he thought he needed for a project, just tried to make do without, he'd get hurt. He's very prone to back injuries especially. After the second trip to urgent care, we said that's it, if you think you need the tool, buy it. And that is how New project, New tool was formed.
Went up to visit our son up north last September, and , of course, gave him advice on projects around his new house. Made our list, we all shlepped off to the big city , and while we were tossing things in the cart, my son said, 'Wait! What's the tool?' I knew what he meant and we agreed on something. Son's lovely wifey said, 'Oh, we can just use X. We don't need this.' Son and I turned, in unison, ' New project, New tool!'
It works for us! --72.135.xxx.xx |
Love tools in the truck! (by 6x6 [TN]) Posted on: Jun 14, 2024 4:51 PM Message:
It does seem to work that way, that is, new project new tool. How much have I spent on tools? --76.129.xxx.xx |
Love tools in the truck! (by NE [PA]) Posted on: Jun 14, 2024 5:01 PM Message:
6x6, probably far less than you would have hiring contractors. --24.152.xxx.xx |
Love tools in the truck! (by zero [IN]) Posted on: Jun 15, 2024 9:46 AM Message:
There is a line between needing a tool and just wanting one.
Just this week I purchased a Dewalt Pex-A tool. I think that A is better than B in a lot of ways. I currently have nothing but the tool for A and probably around 3k in tools, fittings and pipe for B.
But I got the tool with a small battery and a charger for $100 new because someone took the 1" adapter out of the box.
This will be like me buying Landlord Locks. It seems to be a great product and service but until I go thru all the locks I have in inventory I do not see the need. --107.147.xx.xx |
Love tools in the truck! (by ken [NY]) Posted on: Jun 15, 2024 3:03 PM Message:
Back when i got started in the mid 80s i did the same thing,each new project i bought a new tool.First house we had to replumb the whole house and my dad was going to cut everythong with a hacksaw, i said no way and bought a sawzall for $125 and he thought i was nuts.Nowdays if the guys need a tool none of us have i have no problem buying it, i want the job done asap --74.77.xx.xx |
Love tools in the truck! (by gevans [SC]) Posted on: Jun 15, 2024 4:55 PM Message:
Busy: hahaahaha so true!
One of my very first RE investments was to build my own house, back in 1991. Total costs were around $42k including land. Appraised at $80k.
And...I got to buy around $5k in tools! (included in that $42k)
Been hooked ever since. --74.222.xx.xxx |
Love tools in the truck! (by don [PA]) Posted on: Jun 19, 2024 2:30 AM Message:
More tools = more for the junkies to steal. I only buy what I really need and I buy the cheapo version as long as it functions. I used to buy top quality until I realized that most got stolen before they wore out! --73.165.xxx.x |
Love tools in the truck! (by zero [IN]) Posted on: Jun 19, 2024 8:51 AM Message:
I put an alarm in the place. If it is that bad of an area I put a for sale sign up after the rehab and remove the tools daily.
I am a little of a tool snob. I treat them rough and want something that will last a while. Buying something at half the cost doesn't save a thing if it breaks and you have to replace it. Now you are at the same cost but lost time.
That doesn't mean I buy Snap-On tools, but I am picky if I walk into Harbor Freight. --107.147.xx.xx |
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