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25 August 2024 | 23 replies
Now I would make sure that the title company holds the deposit not the seller, I as seller prefer to be paid the deposit but I am OK with a title company holding it.My biggest concern would be that, as said above, the numbers they give you may not be real numbers, You need to be able to evaluate the property on your own and not trust the numbers they give you for repairs and resale value, rents, expenses etc.
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23 August 2024 | 4 replies
For example, I broke down and bought a forms package for $1,000 that saved me so much time and improved my company, particularly as I brought on employees.
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22 August 2024 | 5 replies
My air conditioner has stopped working. My property manager provided a quote for repairs. What's your opinion on this quote? The furnace is also old. Would it be better to replace the entire HVAC system? Or would it b...
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24 August 2024 | 26 replies
Then evaluate what went right/wrong and execute at least four more BRRRRs in 2025.I believe the most effective approach to achieve a successful BRRRR strategy is to engage a skilled contractor with competitive pricing.
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25 August 2024 | 10 replies
In short, it is going to take investors, brokers and appraisers a lot more consideration and effort to accurately evaluate values and offers.
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23 August 2024 | 3 replies
It’s essential to evaluate whether the potential rental income aligns with your financial goals and if you can manage the ongoing expenses associated with property ownership.On the other hand, flipping a home could provide a more immediate financial return, especially with your access to a private loan and mentorship from an experienced developer.
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22 August 2024 | 2 replies
I'm Currently evaluating the nearby markets for potential BRRRR opportunities.
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22 August 2024 | 0 replies
This will help to minimize legal liability and any concerns that could arise regarding employee theft (We plan to retroactively count the RV rooftops present at noon each recorded day (every 30 days), and compare it to the park management software/bank statements as a system of checks and balances.
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23 August 2024 | 19 replies
Essentially, you'll need to find a way to add value to a syndicators business so that it is worth taking you on as a mentee or employee.
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21 August 2024 | 5 replies
1099 means they are their own boss it is very hard to hire individuals and not have them be w-2 employees.