Jasmine Thermitus
Primary to Rental Property
9 January 2025 | 14 replies
We know many agents in our market that are really clueless beyond the basics of tenant screening. - You have no recourse against an agent or PMC once you pay them for the placement and it turns out to be a terrible tenant:(If you have the time and network and post here for assistance, it's always a good idea to learn the rental business from the "ground up".Of course, one mistake can also cost you thousands of dollars.
Jimmy Rojas
How to show proof of income with 1099 form
6 January 2025 | 4 replies
Its a nice little cheat/loophole on the mortgage side that can help afford a larger home pice and increase your chances of getting a home or other loans.If you have any questions feel free to reach out I am always happy to help and go over the basics.
Tamara Gonzalez
Nailed the first investment property?
2 January 2025 | 0 replies
It was great to get our heads in the game, and got us to move quicker to get a house (since we were basically forced to get a pre-approved loan in order to tour houses...).
Corby Goade
Brand New Year- What Action Will You Take To Change Your Family Tree? AMA.
1 January 2025 | 0 replies
Because I did everything wrong, started with basically nothing and STILL achieved financial freedom, I know for a fact that anyone can do what I did.
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
If you only have one LLC and don’t need entity tracking, you could get a lower subscription and categorize your properties as ‘customers’, then units and tenants would be sub-customers.Simple Start would allow you to invoice your tenants (if desired through QBO) and produce basic reports.
Serena Lemmons
Networking in Sacramento Area
25 December 2024 | 2 replies
I have not been able to find any in person networking events in my area doing a basic internet search.
Nate McCarthy
Multi-party investing deal structure for BRRRR/House hack
15 January 2025 | 13 replies
At a basic level there is no one set way to structure a partnership.
Haley White
Start up event venue
8 January 2025 | 6 replies
Wanting to know some basics as well as funding options.
Angie Ruiz
What's the best way to set up a partnership?
31 December 2024 | 3 replies
Basically a partnership.
Guillermo P Manso
I need advice and estimate costs
26 December 2024 | 7 replies
And even if they do, they can change that at a monthly BOD meeting.Plus, since you are going to have to hire out the 1) Property Mgmt, 2) Repairs and maintenance, and 3) cleaning, your profit margin is going to be very slim, particualry in a condo (which will have a much leaner net profit than a basic house.Not trying to be a downer, but I'd suggest looking at another avenue for REI.