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11 February 2025 | 4 replies
A well-structured deal could allow you to get in with little to no money down while leveraging your construction knowledge to drive profits.Regarding financing strategies, the sky is the limit if you’re willing to be creative.
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29 January 2025 | 2 replies
If you no longer have business operations in the old state, forming a new LLC in the new state and dissolving the old one may simplify compliance and tax obligations.Some states impose franchise taxes and annual fees that could make one option more cost-effective than the other.
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6 February 2025 | 5 replies
Wholesalers (no offense to those in the comments) who are doing this without being a foreign entity are probably co-wholesaling which is on the borderline and practically acting as an agent without a license or getting referral fees by having actual wholesalers on the ground doing deals and they just provide the leads which is different than wholesaling.
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3 February 2025 | 9 replies
Ease of working with owner = easier for you to cohost --- some owners micromanage and 2-3x the amount of work for you for no reason.
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29 January 2025 | 18 replies
Quote from @Jamie Parker: Quote from @Carsyn Childress: I have searched Facebook groups, Craigslist, and meet-ups with little to no luck with consistent volume.
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6 February 2025 | 8 replies
While there’s no perfect formula, there are a few methods you can use to get as close as possible:For maintenance and repairs, a good rule of thumb is to budget 1%–2% of the property’s value annually.
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8 February 2025 | 18 replies
Very few investors (young or old) started out no $$$.
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5 February 2025 | 6 replies
@Jason Sinclair, having a designer for a wife, I would answer that it really depends heavily on each house, the flow and usability of the spaces as they are, and the overall use of space in the house as a whole.That being said, while there may be a small shift towards more separated spaces, "open concept" is by no means dead, and in many markets, most people seem to still want to have connectivity between their communal spaces.In fact, my wife's current flip is a split level (although technically it is a split-foyer), and she is taking out a structural wall to connect the kitchen, dining and living areas.
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2 February 2025 | 6 replies
@Allison Cutlip No offense intended but "How do we create a lease" and "How do we find software to manage the property" sounds a lot like you need a property manager.
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4 February 2025 | 11 replies
Currently, all my finances are done in Canada (Canadian credit score, no LLC, Canadian bank acc, etc.). 4th point, would that be threw conventional financing?