CW 921 - FBF - No More Mystery Dealing with Repairs, Improvements & Rehabs

Today’s Flash Back Friday comes from Episode 572, from September 2015.

The fact that U.S. home ownership rates are tumbling is great news for real estate investors! The time is ripe for cash flow oriented linear markets. And it just so happens Pro.com’s home project service engine is up and running at full capacity. I talk with Matt Williams, formerly of Digg.com, about the latest and greatest tool for real estate agents and investors, Pro.com. Pro.com is a new service which gives you the price of a pro contractor to complete your home services upfront, so you know exactly how much you can expect the bill to be. There were no fee’s exchanged for this or any of my podcasts.

Key Takeaways:

Jason’s Editorial:

[7:30] Income is judged by the net operating income, not cash flow

[8:39] The Zerohedge article – U.S. homeownership rate tumbles

[12:52] Median U.S. asking rent is $803

[14:55] Real income in the U.S. is at 1989 levels

Matt Williams Guest Interview:

[20:59] Learning the ins and outs of building marketplaces and communities at Amazon

[28:25] Homeowners have access to what it cost to get their home ready for sale

[32:40] The problem is a lack of transparency for home services

[38:00] We handle the payment processing also

[40:08] There are a lot of jobs left undone because people don’t know the price upfront

[41:58] How real estate agents work with pro.com

Mentions:

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