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19 February 2025 | 2 replies
This means taking days off of work to handle business, dealing with the subs and any deficiencies they may have, spending time dealing with the city, for both permits and inspections.Having GC doing everything won't entirely eliminate your time cost, but it can mitigate it to an extreme degree.My take is that if you are confident that you can be as fast as the GC in handling everything and there is no negative impact to your other business then by all means do it.
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19 February 2025 | 9 replies
With 25 years under my belt in construction and corporate environments, this is not the way you do business.
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22 February 2025 | 20 replies
@Fiona HumphreyJust make sure the property cashflows if the owner of the business dies and you're forced to rent to a normal everyday tenant.
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20 February 2025 | 7 replies
If you have enough money but your business is the main driver of income in most cases you can make more money putting time into the business.You could also get creative here.
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11 February 2025 | 22 replies
I gave out about 2000 business cards in the first few years.
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19 February 2025 | 10 replies
There are some great on-line real estate courses, and I have found the information within them has really been helpful for my investment business.
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17 February 2025 | 9 replies
I'm making some pretty big moves right now and changing my business plan in a new direction, so I don't want to die of shiny object syndrome, but this method really speaks to me.
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11 February 2025 | 2 replies
REALITY CHECK: THIS BUSINESS IS HARD.Wholesaling and buying houses off-market is a sales game—and sales is brutal.
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19 February 2025 | 10 replies
I have an Acquisition Analytics service for Business purchases that are under $5mil in revenue, that I do with my Bookkeeping Firm.
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19 February 2025 | 15 replies
A Qualified Joint Venture (§761(f)(2) )allows two spouses operating a business together to not file a partnership return; however the business can't be held as a state entity (§301.7701-2) like an LLC and it also requires material participation by each spouse under §469(h) which can be hard with a SFH.