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18 June 2024 | 26 replies
You will want to work this out with others in advance so that everyone understands what is expected of them and mishaps can be avoided.Be prepared for the “long haul”If you are planning to continue your current employment, as well as work as an agent, be prepared for long days and busy weekends.
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17 June 2024 | 4 replies
The truth is, you've been fortunate and haven't had to deal with a difficult tenant until now, so you haven't learned the hard lessons and you failed to prepare for the inevitable nonsense that landlords have to deal with.The law gives you 30 days to deal with the deposit, but you chose to wait and hope the problem would go away.
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16 June 2024 | 11 replies
As you write checks and make deposits your income tax return is preparing itself.At the end of the tax year print a simple Profit and Loss report for the time period and hand it to your bookkeeper or CPAYou still need to keep receipts for seven years or so but the works does itself as you write and code each check.Even if you file as an LLC, Partnership or corporation your CPA will thank you.
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20 June 2024 | 245 replies
I've been laying off, seeing many other businesses contract & preparing.
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15 June 2024 | 6 replies
If you are doing management and tenant placement yourself then you should have a lawyer prepare a Lease Agreement (i.e., "tenant contract") for you.
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17 June 2024 | 17 replies
Essentially all of the planning, permitting and projections ready to prepare the project for development and then sell the property with the additional 12 unit entitlement to a more seasoned or experienced developer.
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20 June 2024 | 69 replies
Honesty is a hard pill for a lot to swallow.The new investors who show up prepared, take a couple lumps on the chin, and learn from it and engage productively, will be doing deals in no time.
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15 June 2024 | 6 replies
I've read several books, listened to hundreds of podcast's and watched dozens of webinar and BP YouTube videos in preparation for my first investment.
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15 June 2024 | 6 replies
The second problem is it is difficult to find people who will do preparation of the land for the mobile hand ,and also I don't really know what is better/easier/cheaper...putting concrete pillars in the ground every 8 feet or putting down an asphalt or concrete slab.
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15 June 2024 | 5 replies
I have only done one eviction with a tenant that I inherited and he basically stalled out till the sheriff came to remove him so just be prepared for that if it goes down all the way to end.