Had a call this morning from an investor from NC. She has a unique rental property that is two mobiles connected at one end forming an L in shape. She wants to make a duplex out of this…live in one and rent the other. We kicked around different ideas, two water heaters? or enlarge the one and have it feed both homes? Add electric into rent? on demand water heater?
What makes this kinda cool is one of my very best rehabbers came in to get a Lowe’s check and I put Phil on the phone with her. He explained the advantages of each idea, they discussed PEX vs CPVC, he estimated labor on all work needed…all with a phone call. This kind of experienced advise is Priceless.
Geography is less important than a good cell phone and a contact list. I had some ideas about L/O vs straight rent and the real kicker came at the end of the call. She thanked Phil and asked him for his cell number! He said she can call him any time.