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17 December 2024 | 5 replies
I recommend people doing a side gig on what they specialize in.I am an accountant and when I worked within large public accounting firms, I had a side gig of bieng an accountant.I had a salary with my employer so regardless of how much more hours I put with them, i would be paid the same.
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16 December 2024 | 15 replies
Most start by analyzing deals and forget the fundamentals of every business, like getting a Tax ID, bank account later, Business Credit cards, and lines of credit.
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25 December 2024 | 22 replies
Recently, I've realized that it helps me (and my guests) to re-confirm details of their booking before they arrive (so there are no surprises such as undisclosed dogs or extra persons added).To answer your question on how to see how others have reviewed you as a guest, in Airbnb, you'll find it under your Account, then at the top of the page, select Go to Profile.
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18 December 2024 | 12 replies
However, if you have the time and prefer to source properties on your own, I would highly recommend the following strategies:Connect with probate attorneysVisit property auctions: These happen monthly and, surprisingly, aren’t saturated with investors.Cold callingTarget LLC owned properties: Over the years we have seen an influx of companies purchasing SF for rentals/long-term holds and they failed to account for property taxes and an increase in new construction coming to the market.
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17 December 2024 | 2 replies
Of course that doesn't take into account rent increases so it could be less time.
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24 December 2024 | 24 replies
Recently, more on the higher side since people can get 5% in a savings account.
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10 December 2024 | 6 replies
I’ve worked with investors in similar markets (Providence and neighboring areas) and have seen first-hand how house hacking can be a game-changer.. even in today’s fluctuating market.A friend of mine recently purchased a three-unit property in New Bedford, MA, just a stone’s throw from where you’re looking.
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17 December 2024 | 1 reply
I'm using my VA loan so I don't have to put any money down & can keep money in my account to fund rehab deals.
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17 December 2024 | 3 replies
Personally I don’t like being cash flow negative on properties, but I guess if you have an amazing W2 and a good reserve account and the new property is going to cash flow really well then maybe consider it.
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16 December 2024 | 3 replies
Don't forget to account for the cost of the appraisal or any other vendors...an appraisal and survey will over $1000 combined, for example.