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18 September 2024 | 3 replies
My advice on choosing the platform you hang your license with should be based on your exit strategy...and what you need to fund that exit strategy!
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16 September 2024 | 5 replies
There are software platforms available now.
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18 September 2024 | 6 replies
My guidance is always to first determine your exit strategy and then reverse engineer into the resources you need, and the platform that provides them, in order to achieve your goal.
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18 September 2024 | 19 replies
Different platforms are popular in different areas.
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18 September 2024 | 5 replies
Once we figured that out, we then found the best platform given our goals, to build our business on top of.
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16 September 2024 | 11 replies
There are lots of places but I only have to make the following manual inputs and the platforms will list them for me on all platforms:Must have:Zillow.
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19 September 2024 | 16 replies
My advice if you could build a small team with payment of 50% or some sort of percentage of your spreads as payment .8 director of your marketing campaigns it will be that employees job to buy things like the Deal Automator that makes marketing easier and more consolidated and less all over the place Carry what did Deal Automator does is take all tools you need as an REI and consolidated into one platform
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17 September 2024 | 5 replies
There are some of the new online lending platforms that might work, but again I think probably what they will charge you vs what you might make is not a good option.
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20 September 2024 | 114 replies
.), $2.1K of travel (flights & rental cars), $2.3K in software subscriptions (PMS, etc.) and $300 in mealsManagement Fees ($1.7K) - PM fees, booking platform fees, etc.Cleaning Fees ($6.2K) - pass-through charge for guestRepairs & Maintenance ($10.5K) - General R&M ($1.5K), Painting ($1.2K), Plumbing ($1.5K), Pest Control ($500), R&M Supplies ($500), Labor ($3.5K), Linens, Soaps, Consumables ($1.5K)Legal & Professional ($1.5K) - LLC setup & lawyer fees ($350), inspections ($1.1K)Utilities ($6.4K) - Gas (avg. $63/mo.), Electric (avg. $121/mo.), Internet (avg. $60/mo.), Water & Sewer (avg. $107/mo.).Please let me know if you see anything glaring or things that I can work on bringing down or eliminating completely.It's important to note that up until I hired the full-service PM in April '24, I was self-managing from out of state and paid a local boots on the ground resource when needed.
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20 September 2024 | 51 replies
I work in Albuquerque, NM and wear many hats utilizing many tools.20 rental units12 active flips - recs to purchase -some are now rec notes-private money on the flips utilizing retirement plans/corporate/nonprofit funds-wholesaling and I have started a new platform of providing financed wholesales.would love to see if my knowledge is of value to others.