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11 December 2024 | 6 replies
This is especially true if you start bringing in a strangers pet.
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9 December 2024 | 2 replies
Don't bring them as equity partners, as you will have to file a partnership return.
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15 December 2024 | 13 replies
It will bring you joy and not a return on an investment.
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8 December 2024 | 0 replies
Knowing this information will help you identify the right professionals to bring on board.At minimum, your team team should include:Financial Advisor: to help with investment strategies - portfolio diversification and risk management.Real Estate Agent/Broker: to help with property acquisition and market analysis.Accountant or Tax Advisor: to help manage financial records, tax planning, and optimization.Attorney: to provide legal counsel for contracts, agreements, and investment structures.Mentor or Coach: to offer guidance, insights, and industry knowledge.Networking and Relationship Builder (for everything else you will need): to connect you with potential partners and collaborators.
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11 December 2024 | 10 replies
I turned it into a 7 bed house.2 of the new rooms are super useful to an end buyer and would bring us to a total of 5 (which would comp very well).
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10 December 2024 | 17 replies
Most of these 12+ cabins bring in $150K to $300K+ a year so while it sucks to shell out $20K to $35K it shouldn't hurt as bad as if it were the cabins bringing in $30K-$80K a year.
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11 December 2024 | 6 replies
**This all depends on what the mortgage company will do on the Refi appraisal numbers, I would bring these items to meet that appraiser if you go for it..
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9 December 2024 | 1 reply
At this point I'm trying to figure if I should try to bring in an experienced partner to de-risk this build out or scrap the plan altogether and sell.
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10 December 2024 | 26 replies
Unless the guru is giving fairly strong assurances they are going to bring investors into deals for you, the rest of raising capital is fairly straightforward (but not easy).
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10 December 2024 | 6 replies
And the power of leverage will bring me generational wealth in about 10 years.