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11 February 2025 | 12 replies
He's already making (effectively) around $350/hr - if he's paid on production he could also just make another $175k a year with those hours.
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6 February 2025 | 2 replies
“Notes” are such a BIG field, that I’ve found it more efficient, effective and profitable to target specific “arena” of notes at different times in different economic environments.
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30 January 2025 | 10 replies
If so, you can add the value to your property more effectively.
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21 February 2025 | 10 replies
This document is signed by the contractor, subcontractor, or supplier after they have been paid in full, and it legally waives their right to file a mechanic’s lien against your property for the completed work.There are two main types of lien waivers:Conditional Lien Waiver – Becomes effective only when payment clears (use this if you’re issuing a check or waiting for a transaction to process).Unconditional Lien Waiver – Takes effect immediately upon signing, meaning the contractor cannot later claim unpaid amounts and file a lien (use this only when you’re certain payment has been fully made).To protect yourself, always require a signed and notarized unconditional lien waiver after making final payment.
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19 February 2025 | 32 replies
You are effectively turning the unit every year or two, even when the tenant stays in place.
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7 February 2025 | 4 replies
So, only effective if police will quickly respond and stop them in the act.
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4 February 2025 | 0 replies
Platforms like Procore, JobTread, Buildertrend, and FlipperForce have caught my eye, but I want to make sure I’m considering the best fit for my needs.Here’s what I’m looking for in a solution:Cost Estimation: A tool that accurately calculates material and labor costs.Project Oversight: Features to manage tasks, schedules, and budgets efficiently from start to finish.Vendor Integration: Real-time updates on pricing and inventory from suppliers like Home Depot or other suppliers.Material Suggestions: Automation or recommendations based on the rehab’s scope and specifications.Labor Planning: Tools to predict labor hours and staffing requirements for each phase of the project.For those of you who’ve used any of these platforms (or others), I’d love to hear your thoughts:Which software have you found most effective and why?
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20 February 2025 | 8 replies
If purchasing new real estate as part of your reinvestment, a cost segregation study can maximize depreciation deductions, offsetting future taxable income.For effective planning, assess how the sale price is allocated between real estate, tangible assets, and goodwill, as this determines the tax treatment.
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19 February 2025 | 7 replies
Having a tenant will not effect the appraisal in anyway.
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12 February 2025 | 13 replies
How effective is it to negotiate the insurance amount with the existing insurance provider?