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13 December 2024 | 5 replies
We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and numbers.Classes allow for separate P&Ls for each property.
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18 December 2024 | 15 replies
When you sell the property, and access the equity in the form of liquid cash, you make your profit.
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28 December 2024 | 8 replies
I began inviting them to online zoom meetings I would hold with brokers, agents and investors... friends I had made along the way, where we would just talk strategy, loan types, current market trends etc.
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20 December 2024 | 3 replies
Just keep it real, keep it accessible, and make sure the value feels genuine rather than forced.
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2 January 2025 | 37 replies
I've been running no-pitch meetups since the pandemic where we started online and it takes a lot of vetting and not over-promoting.
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16 December 2024 | 2 replies
We looker at few houses/Condo under $200k-$250k and saw few online in that range.
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18 December 2024 | 5 replies
Financing that next deal is our concern as we don't have cash reserves but we do have access to $100,000 equity in our current rental.
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17 December 2024 | 0 replies
This is NOT Business Credit.By establishing a separate corporate credit profile on the EIN Number (separate from the business owner's SSN/FICO), investors can access substantial business credit lines, capital for property acquisitions, and renovation funds without personally guaranteeing the debt.This approach creates a powerful financial firewall between personal and business assets while potentially generating a significantly larger (ROI) through reduced interest rates, increased borrowing capacity, and the ability to scale investments more rapidly.The education gap surrounding EIN corporate credit means savvy investors who understand and implement this strategy can gain a significant competitive advantage.
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25 December 2024 | 60 replies
I am seeing quotes around $120k which would put that cost per square foot around $600 which seems a lot compared to what I have seen/read online The reason your cost per square foot is so high is you still have to add all the things a regular house has but in a smaller space.
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18 December 2024 | 5 replies
3) It's been 5+ years since we've seen a S8 tenant lose their voucher for property damages, not paying their portion of the rent or utilities, or other lease violations (letting others move in with them).It's our opinion that #2 & #3 above are caused by overworked caseworkers not having the time to process the extra required paperwork, so they take the path of least resistance.4) S8 needs someone at the federal level to put more of the program online and streamline the process!