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9 January 2025 | 21 replies
Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?
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4 January 2025 | 4 replies
If you care and it bothers you, raise their rent another $500/mo for the hassle.
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3 January 2025 | 4 replies
We rent to plenty of S8 applicants; I've always believed the standard of care they exude is as high if not higher than "market" applicants because they'll get kicked out of the program if they don't.
3 January 2025 | 8 replies
Though my property management company eventually took care of the eviction proceedings and repaired the property to prepare for a new tenant, I feel they were negligent in their duties.
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30 December 2024 | 6 replies
@Greg StrunakA good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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5 January 2025 | 8 replies
Real estate investing can absolutely be a game-changer when it comes to freeing up your time and helping shape the community you care about—especially in our beautiful region.You’re on the right track by diving into BiggerPockets.
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26 December 2024 | 6 replies
You're right that the key to a successful BRRRR strategy is building a strong team and carefully analyzing deals, especially around rehab costs and ARV.
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6 January 2025 | 5 replies
Confirm with the solar company if the loan is transferable and review terms carefully—it’s a potential hurdle with lenders or resale.A DSCR (Debt Service Coverage Ratio) loan might be an option since you’re focused on rental income.
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2 January 2025 | 0 replies
Taking time for self-care and nurturing our well-being will empower us to tackle challenges with renewed energy and focus.As we move forward, let's celebrate each milestone, no matter how small, and remain resilient in the face of setbacks.