Roger Flot
Updated Insurance for renovated property
13 January 2025 | 1 reply
This is a common 'trick" we use in flipping.
Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
But it's YOUR money, and Real Estate, to put it mildly, is a contact sport).Month 5: Deals & Network (15-18 hours/week)Submit first offersAttend 2-3 REI events monthlyBuild social media presenceKey Goal: First offer acceptedMonth 6: Scale & Automate (15-20 hours/week)Delegate initial tasksEstablish morning/evening routinesCreate follow-up systemsKey Goal: Sustainable weekly schedule🚫 Common Pitfalls to Avoid:Overcommitting earlyNeglecting W2 responsibilitiesSkipping system creationTaking on too many mentor calls✅ Success Markers:Consistent daily actionsGrowing networkClear systemsNo work conflictsSteady deal flowMaintained energy levels👉 Action Steps This Week:Audit your current scheduleBlock 2 hours dailyChoose your power hour (morning/evening)Set 30-day milestoneGeneral Comment: obviously not everyone will follow these suggestions.
Michael Klinger
Ideas on $25K loan for multi-family working captial?
6 January 2025 | 11 replies
Given that I am self employed, a few personal loan options, did preliminary asking about my situation, and they got lost in the weeds with how my real estate income looks so dismal on tax returns.
Dan Ikon
Yes, Broward county, FL South Ocean Drive Condo is still a great investment!
2 January 2025 | 0 replies
As remote work is more and more common, many professionals look for a home there.
William Fisher
Figuring out percentages of contractor/ lender partnership
9 January 2025 | 4 replies
One common approach is to form a legal entity, such as an LLC, where both of you are equal partners.
Julio Gonzalez
Is my property a good candidate for cost segregation?
16 January 2025 | 1 reply
A common misconception is that real estate properties under $1M have a smaller tax basis and therefore do not benefit from a cost segregation study due to the associated fees.
Timothy Lawrence
House Hacking Advice (Washington D.C, Nova, Baltimore Area)
8 January 2025 | 11 replies
I am currently employed as a project engineer working for a GC that builds multi-family projects.
Robert Bell
Blue Oval City's Delay May Open New Opportunities
26 December 2024 | 3 replies
BO is ramping up their employment now, my new tenant will be working with HR at the site and will be onboarding lots of folks over the next 2-3 years!
John Fleming
Property Management Reccomendation
14 January 2025 | 3 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Treza Edwards
Cash Flow Corrections
14 January 2025 | 6 replies
I bout one in 2019 and it has turned into a gem for me, but at the time, it would not have been 1.25 1.25x is a very common DSCR for a bank.