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18 October 2024 | 37 replies
Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.
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10 October 2024 | 6 replies
Hi Nico,Thank you for your post, You mentioned that hiring a few virtual assistants (VAs) to cold call has been effective, and that text messaging is also performing decently,I specialize in identifying and revitalizing unique properties—those that are not typical, for example, I recently spotted a triangle-shaped property that has the potential to be transformed into something beautiful and valuable, either for living or resale, Could you please share your approach and any guidance you might have on the process of using virtual assistants (VAs) to cold call and the text messaging strategies that have been effective for you?
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11 October 2024 | 7 replies
DisclaimerI am not a title company, and I strongly recommend hiring a professional title company to perform thorough due diligence.
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12 October 2024 | 25 replies
ROI and cash flow only predict how a property is likely to perform on day one of a lifetime hold.
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10 October 2024 | 17 replies
It might help to connect with local property managers who handle STRs to get a sense of what types of properties perform best.
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10 October 2024 | 6 replies
Buyer is aware that seller intends to perform an IRS Section 1031 tax-deferred exchange .
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13 October 2024 | 11 replies
Compared to pre-TCJA rules, there is no material change in the tax treatment of a building involved in a like-kind exchange, where a cost segregation study has been performed.
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9 October 2024 | 4 replies
The lease agreement has a clause that acknowledges that the property is part of an HOA and that tenant indemnifies the landlord from non-performance ("hold harmless" clause).
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14 October 2024 | 24 replies
Typically in company's 401K plan, there's a large-cap index fund option that more or less tracks SP500's performance.
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11 October 2024 | 13 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.