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15 January 2025 | 5 replies
To determine the correct treatment, consider the RV's permanence, utility connections, and business use.This post does not create a CPA-Client relationship.
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20 February 2025 | 25 replies
They also may be working with clients who they can refer who they normally would not
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12 January 2025 | 10 replies
I have had a couple of clients just get the loan approved with the long term rates and then the bank really doesn't care how they get it rented out after.
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9 February 2025 | 32 replies
Very difficult to find pros/cons or comparisons of the systems.Originally posted by @Jenna Waites:I know this thread is a few months old, but just FYI for anyone finding this considering Resimpli, the biggest issue I see with them is that their report options are TERRIBLE and they offer 0 customization to the metrics they do provide.On top of that they are a completely closed system so you can not pull your data out in any way to create useful reports or integrate with any other system.
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13 January 2025 | 8 replies
There is a flaw in the business model and thier internal processes need a lot of work.First the good,Yes, I got paid every month.Nomad found me good renters.Next the badDue to needing to make the guaranteed rent they rented my unit below market valueIn communicating with Nomad they were disorganized, often sending conflicting messages and not alignedNomad offered to find me a repair company, that compnany charged $400 for a $25 dollar part and I was stuck with Nomad saying "not their problem" and the vendor saying Nomad was the client not me.Nomad was horrible to my renters as their property management term ended.
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16 January 2025 | 6 replies
I won't say how many offers we make on properties for ourselves or clients in a typical week.
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5 January 2025 | 17 replies
They usually sell for a really attractive price because investment property financing is (obviously) difficult, somewhat limiting the buyer pool to owner-operator small business owners (who in turn are typically great clients, as well).
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11 January 2025 | 12 replies
@Arthur Savery, Many of our clients are taking a similar route.
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11 January 2025 | 13 replies
Quote from @Frank Pyle: My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental.
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12 January 2025 | 21 replies
Quote from @Preston Dean: Quote from @Michael Ewers: Quote from @Preston Dean: Hi @Michael EwersI have had a few past clients from Cali call me saying "I sent post cards to home sellers and I have someone who wants to sell, can you help me with pictures and videos" I think their method was just mass mail and they got a few hits.