J Scott
Controlling Your Appraisals
3 April 2024 | 83 replies
Here are the things I provide (nicely organized in a folder): - Renovation Overview (see example attachment to this post) - Rehab Cost Breakdown (see example attachment to this post) - Before/After Pictures (see example attachment to this post) - Comps (I print out comps from the MLS that support my sale price and add them to the folder) Of course, while most appraisers are happy to have you around during the inspection and happy to take the information you have, don't just assume this.
Josh Mac
Where did you start?
31 March 2024 | 50 replies
@Josh Mac- get a free loan pre approval in place for a simple scenario ...this will allow you to begin getting educated / organized and will lead to many more questions
Adam Bartomeo
What's the First Question That You Shouldn't Ask A Property Manager?
31 March 2024 | 23 replies
BTW I have been the top salesperson at every organization where I spent my previous careers - Home Depot, Fastenal, Century 21, etc.Funny how the experienced investors that I know and work with NEVER ask about fees up front but all of the newer investors do.
Clint Jusino
What steps would you follow to do a Rehab on a rental property you have just purchase
1 April 2024 | 48 replies
You may need a construction manager (a guy a friend who is organized doesn't need to be a pro trades person but doesn't use or party) to daily boots on site be orchestrating who is on first and that no one steals your supplies.
Garrett Marshall
ROAS Funnel Metrics for REI
30 March 2024 | 2 replies
Note: I am a REI targeting sellers.I'm doing organic marketing only.
Kristen Haynes
How To Avoid Capital Gains Taxes On Your Personal Home Sale
31 March 2024 | 4 replies
“If an individual is part of a high-deductible health care plan, making a contribution into their health savings account would also reduce taxable income.”Donation to a Qualified Charitable OrganizationCharitably inclined individuals might consider donating cash or appreciated property to a qualified charitable organization, potentially providing a tax deduction to help offset that tax year’s taxable income.
Kyle Kline
How do I organize my property funds?
28 March 2024 | 5 replies
Hello,I am hoping to gain some insight as to how best to organize funds for different uses and/or properties.
Chelsea Allen
LLC formation and loan
30 March 2024 | 8 replies
Make sure to keep your formation paperwork (EIN letter, articles of organization, operating agreement) handy - the lender will need those.
Timothy Christian Jr
real estate deal advice
30 March 2024 | 3 replies
Balancing these responsibilities with the demands of this project, including finding suitable contractors, organizing communications, and ensuring timely responses, has proven to be quite demanding.In light of these circumstances, I am seeking insights on potential additions to my real estate team that could streamline this process and enhance its efficiency.
Karyn Navin
New Member - True Rookie
30 March 2024 | 11 replies
Organize a group of experts to assist you with the process, give top priority to homes with excellent rental potential, and make sure all local laws are followed.