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7 July 2024 | 11 replies
I think BRRRR is a really powerful strategy to grow your wealth fast even tho the cashflow is minimal in the beginning ( giving that you will be 100% leverage if is done correctly).
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8 July 2024 | 20 replies
But, we switched over to QBO as the master accounting software for all Clients because it's more efficient for us and has more powerful reporting features.The price has increased lately but all of our Clients get our ProAdvisor discount which helps out.
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10 July 2024 | 87 replies
What is vastly different between US and other developed country area) the tendency of suing between people or enterprise, this create almost every industry has noticeable legal fee/lawyer fee when they conducted a business and punish the consumer at the end.b) the power of private enterprise to create regulation and influencing goverment decision which at the end creates oligopoly structures which dominate how the government react to particular industry (well you can say lobbyst).c) the dependencies to technology (without good understanding of its technology)d) the overcomplicated tax and building code , which at the end creates more profit to big corporation only.These are the fair point in my own thinking why commision is high , especially #2, it's just the "realtor cartel" push that agenda to public and gov ; and since gov is part of private enterprise too, they just accept it LOLAmerica is one big giant corporation executed by Exxon,Apple,Microsoft, Blackrock, Blackstone, Shell , Lockheed and AIG whole industrial powerhouse LOL :-) what you see in TV if they seems fighting is just a drama lol
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5 July 2024 | 2 replies
., LegalZoom, Incfile, Rocket Lawyer).
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5 July 2024 | 4 replies
Ran into some unexpected issues with having to run new power for the stove as well as having to run new water lines for the bathroom and kitchen.
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5 July 2024 | 8 replies
I believe in the power of community knowledge, and I'm reaching out to you, the seasoned investors and professionals, for guidance.
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5 July 2024 | 8 replies
You have a governmental authority using its power to hinder and regulate private transactions creating some kind of “litmus” test based on god knows whatYou have a seller remaining in a home he sold indefinitely.You have a lender that has twice filed for foreclosure You have a profit sharing arrangement upon resale with the seller/tenantYou’re performing repairs/maintenance on a house while occupied by the seller/tenantAny or all these are lawsuit magnets.If you buy a property, and the seller is a consumer, not an investor, you should NEVER do a profit participation.
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4 July 2024 | 5 replies
Using other people's money (OPM) in real estate allows you to leverage your investments, significantly increasing your purchasing power and potential returns.
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4 July 2024 | 8 replies
There were fears when the leftist just retired president AMLO came to power a few years back that foreign investors would get hurt but he turned out to be very friendly to us and made Mexico's economy its best ever and one of the best in the world.