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16 December 2024 | 12 replies
The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.
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17 December 2024 | 17 replies
If you use Podio as it's designed to be used, it will streamline every thing you do--from managing leads, managing projects, reducing your internal email count, to making your internal communications more efficient because conversations (which otherwise might happen in email) happen "in context" -- of the client record in your CRM, the project, or whatever it is that you are discussing.
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16 December 2024 | 3 replies
A seller may direct an agent to negotiate on their behalf within certain parameters or they may discuss how to present/frame a specific response to an offer.
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13 December 2024 | 6 replies
The accountant said that NJ allows one to “adjust” the basis in the property to the extent no benefit was obtained from depreciation...you do not get to take losses from real estate to offset gains on sales of property in NJ.
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14 December 2024 | 3 replies
I would love to hop on a call soon and discuss potential ways of collaborating or creating a win/win situation!
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15 December 2024 | 7 replies
As far as ethically that is part of my nature and I don't care for the aggressive (potentially predatory) strategies discussed by others, but I see value in offering a transparent and convenient service with lower costs and faster turnarounds than traditional MLS transactions.
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15 December 2024 | 9 replies
I will say that from my discussions with the City during my due diligence, they really seem to be cracking down quite a bit on STRs.
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14 December 2024 | 2 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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13 December 2024 | 2 replies
Start by setting up a proper business structure—an LLC or S-Corp—and obtaining an EIN.
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15 December 2024 | 59 replies
I appreciate you jumping into the discussion.