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7 February 2025 | 9 replies
Entity structuring, basis calculation (i.e. breakout between building and land), deductible expenses, etc.
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30 January 2025 | 10 replies
Plus, very important to understand the new layout and how the dig down will effect the existing stairs, plumbing, etc.Happy to connect and talk through your specific situation because @Bruce Woodruff mentioned every project is different and know one price fits all espeically with these complex jobs.Where at in Chicago is your building?
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31 January 2025 | 2 replies
Thankfully, we caught it during the plan review stage, and with a stamped structural design, they got the kitchen of their dreams—without jeopardizing safety or facing surprise delays.Here’s what to think about when renovating:Structural Changes: Even moving a wall can have ripple effects on the stability of your home.HVAC Systems: New layouts might need adjusted airflow or ductwork.Plumbing and Electrical: Moving sinks, showers, or outlets requires careful rerouting to comply with building codes.Before starting demolition or submitting permits, have your plans reviewed by a licensed engineer or architect to avoid costly surprises.
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25 January 2025 | 2 replies
Fix-and-flips and new builds are always exciting!
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25 January 2025 | 10 replies
The way I finally found success was through repetition and then building systems as you repeat to help you scale...
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27 January 2025 | 1 reply
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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5 February 2025 | 38 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
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23 January 2025 | 56 replies
Here‘s both, from the BBB: https://www.bbb.org/us/id/coeur-d-alene/profile/wealth-building-seminars/lee-arnold-system-of-real-estate-investing-1296-1000121183/complaints
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31 January 2025 | 7 replies
Then use the experience to work out the kinks and build a strong boots on the ground team.
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21 January 2025 | 18 replies
At the national level, it's the best of the worst in that industry - a lot left to be desired in the customer service department but still better than doing it on your own.