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15 January 2025 | 7 replies
Rehab costs and ARV (After Repair Value) are key parts of evaluating deals, so it’s great that you’re diving into these concepts early.For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor.
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9 February 2025 | 32 replies
@Josh Chapman Podio is great to prove out a proof of systems concept, but it doesn't scale well.
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27 January 2025 | 6 replies
This book introduced me to financial concepts and made me look at money and investing in a completely different way.
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17 January 2025 | 28 replies
I love the concept but not sure if it's worth partnering with them or doing it yourself and keeping all the commission.
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10 January 2025 | 2 replies
As we move into 2025, these trends are shaping how we approach renovations:Open Floor Plans with Purpose: Open concepts remain a top priority, but it’s no longer just about tearing down walls.
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17 February 2025 | 105 replies
Tonight I just watched a video called the Flipster promoting the same software only called something similar to the other programs using his proof of funds letter with his company logo and it is based around the same concept.
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15 January 2025 | 8 replies
It's the concept of buying the debt attached to the mortgage rather than buying the house.
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30 January 2025 | 45 replies
You can claim to be the best guy in the world at finding and analyzing deals, but when the market turns against you, and you just went all-in, even on the best relative opportunities that market had available at the time, there is nothing you can do to prevent losses, especially if your debt has a maturity date that will force your hand.Timing the market is an interesting concept.
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7 January 2025 | 3 replies
Additionally, not all transaction types support Locations, meaning you'll have to create journal entries to correct them—requiring a solid understanding of debits and credits, which can be time-consuming and error-prone.Instead, I recommend biting the bullet and upgrading to QuickBooks Online Plus for each entity.
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17 January 2025 | 3 replies
I understand your concept, but it appears the terms, lender and investors, are being used interchangeably.