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24 January 2025 | 6 replies
Address Your Financial ProfileBridge the Revenue Gap: Highlight your equity in the duplex and use your sale proceeds to demonstrate “skin in the game.”Partner to Compensate Experience: A financially strong and experienced partner can help offset your limited track record.Focus on the Land Deal: Secure the land at a good price, as it’s a crucial step in gaining credibility and attracting partners.Final ThoughtsYou’re entering an exciting and impactful space in real estate development.
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22 January 2025 | 2 replies
Brokers look out for their clients, insurance agents look out for their job.
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4 February 2025 | 87 replies
The money partner on these deals will bring in about $35,000 to $50,000 for each deal and the expected IRR is around 25%-35% each year for the 3 year period essentially doubling their money in 3-4 years.So rather than focusing on picking up a couple of coaching clients this year, I think I am just going to focus on finding money partners to buy deals with.
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8 January 2025 | 9 replies
For rentals, consider holding properties in an LLC for liability protection.This post does not create a CPA-Client relationship.
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6 February 2025 | 13 replies
To avoid unnecessary liabilities, delaying acceptance or exploring a cash alternative may be the safest financial option.This post does not create a CPA-Client relationship.
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19 January 2025 | 10 replies
Plus, I use it as my CRM to keep all the info about clients, properties, and conversations in one place.May God have mercy upon your soul.
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16 January 2025 | 18 replies
A great deal of accountants work with out of state clients.
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13 February 2025 | 95 replies
Over the years of dealing with folks on the internet, I have found most can't take hints, they need a strong dose of reality, a reality they know nothing about.
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11 January 2025 | 9 replies
Next, I tend to recommend that clients stay away from inflated HOA fees.
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30 January 2025 | 19 replies
While my local marketplace is the Greater Hartford region, I serve clients all over CT.