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27 October 2024 | 4 replies
After having gone throught the process, I'm curious if you have any feedback, tips or suggestions on the turn over portion.
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1 November 2024 | 22 replies
If you speak to a CPA who understands remotely what I mentioned then you're in good hands.Thanks for the tip, Ruben.
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28 October 2024 | 5 replies
So the pro tip is answer the phone even if you cant talk you simply say Hey I cant talk but wanted to acknowledge your call can I call you back IN ?
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27 October 2024 | 2 replies
As a general tip, work with PMs who have extensive experience with Section 8 so they can easily guide you.
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29 October 2024 | 5 replies
Great post with excellent advice and tips on handling the tenants.
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28 October 2024 | 30 replies
After the sale of the company, we have:9-15 months of personal expenses in savings to live off ofStart with $100k cash and do micro flips to avoid the risk of a hard money lender and losing our tail if something doesn't go right or sell quick enoughOnce the house sells, reinvest all the cash back into the next flip and continue doing this until we are doing multiple flips at a time (he can manage 4 large projects at a time by himself, so we assume up to 4 active flips at a time eventually)Pros of doing this:No longer having to manage W2 employees/operations (this used to be my role but now that we have kids I want to stay home, not do this)Getting a larger chunk of cash to start flipping quicker vs waiting 1+ years to save enough cash for the first flipUsing cash reduces our risk of losing money with a hard money lender if the project takes longer to sell, rehab, etc.
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26 October 2024 | 3 replies
You'll experience more in a shorter amount of time vs. starting off on your own.Aside from the team, I'd also recommend joining agent communities especially those that have virtual meetings to role play, accountability, discuss marketing tips, etc.
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26 October 2024 | 6 replies
. 🤣🤣🤣 I'm just kidding!!!
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25 October 2024 | 16 replies
Any tips or strategies that are working well for you right now?