Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
27 January 2025 | 17 replies
I do all accounting for properties and company in Rent Manager.
Gary Green
Suggestions for saving for first investment property
25 January 2025 | 1 reply
[1] You might want to think about opening 2 FDIC insured savings accounts that have no fees.
Jorge Vazquez
Sign on rental properties yes or not?
15 January 2025 | 10 replies
Squatters are a real problem nationally and a study found that they target not only vacant properties but those advertised for rent or sale that offer 'immediate occupancy.'
James Zobrisky
What to do with Cash Flow
30 January 2025 | 14 replies
Heck my local credit union pays 3.5% on its basic account.
Andrew Lawlor
STR to Custom Home Builds
17 January 2025 | 19 replies
Then add any other codes required where you want to build and study those as well.
Victor Adekunle
3 Proven Strategies to Help Real Estate Investors Generate More Deals & Maximize ROI
14 January 2025 | 0 replies
Use Automated Follow-Ups to Build RelationshipsMost deals aren’t closed on the first contact, which is why follow-ups are essential.Example Workflow:Day 1: Send a thank-you email after a seller contacts you.Day 3: Share a case study of a seller you helped.Day 7: Send a friendly reminder with a call-to-action like “Let’s schedule a quick call to discuss your options.”Pro Tip: Mix email and SMS follow-ups to keep the conversation warm.Why It Works:Automation saves you time while nurturing leads until they’re ready to sell.3.
Natasha Rooney
Fideicomisos VS. Mexican Corporation for STR in Mexico
29 January 2025 | 3 replies
Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.
Giovanni Magana
First Post, New member but Old Listener
20 January 2025 | 12 replies
I'm a 2x house hacker here in LA (a case study in the BP book The House Hacking Strategy) and an out of state investor.
Charles Evans
What Paperwork Should I Be Keeping Record Of?
29 January 2025 | 9 replies
To make taxes easier we set up a business checking account and had all the rent paid into that account and all the expenses paid out of that account.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
I wonder why he cancelled his account?