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31 January 2025 | 9 replies
The challenge with the BP forums is that they perform poorly on mobile in their current form.
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16 January 2025 | 78 replies
Quality over quantity for me.
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18 January 2025 | 2 replies
I also like contractors that have packets that allow you to pick out the stuff that you want to use for that project, which reduces the quality control process..
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23 January 2025 | 14 replies
Saturation is definitely upon us but quality product continues to get booked just like other markets.
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3 February 2025 | 4 replies
@Darrius LloydTo start your house hacking journey, research neighborhoods with potential for multifamily properties and balance affordability with tenant quality.
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1 February 2025 | 0 replies
Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.
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6 February 2025 | 5 replies
Growth can kill a business just as quickly as poor cash flow.
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6 February 2025 | 2 replies
IE - when you're young and poor (low tax bracket), contribute as much as you can to a Roth.
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4 February 2025 | 9 replies
Poor screening can result in nightmare tenant!
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31 January 2025 | 2 replies
.❌ Not All Property Managers Are Great – A bad property manager can neglect your property, overcharge for repairs, or poorly handle tenant relations, leading to unnecessary headaches.Which Option Is Right for You?