
15 December 2024 | 12 replies
Either1) your startup takes off and you can distribute profit fast enough to pay off your debts, or2) you find another source of $100,000 a year (which barely even starts to pay down the $300k, but might provide a better chance for a better loan), or3) you BK and possibly lose the rental houses to creditors (hopefully not, but we don’t know how they are held), or 4) you sell the houses, take the tax hit, work with the IRS on a payment plan whose interest will be much lower than your CCs, and focus on the startup.

12 December 2024 | 6 replies
The cost to do this just comes out of the total profit margin.

10 December 2024 | 100 replies
The equivalent tools to Priceline have been in place for the transition you describe to have occurred 20 years ago.

11 December 2024 | 34 replies
I'm making great profits off them, but I'm having issues with my m-th bookings and I would like to raise my rates.

20 December 2024 | 28 replies
Just make sure the cost of your protection doesn't rob your profit.

15 December 2024 | 18 replies
@Yezenia HernandezI started with pre-construction short-term rentals in the Riviera Maya, since it's Mexico's and one of the world's main tourist destinations and so the profitability has been very high there.

11 December 2024 | 7 replies
Being that my business is brand new, do I project business profit when they ask for the annual business income?

12 December 2024 | 6 replies
Hello,I am wondering if anyone knows the answer to this, I am a Canadian citizen with many single family houses that I own in my Florida LLP, I am currently using the structure of paying taxes from the the profits from the LLP flow thru into my personal name, paying taxes in Florida and then having to pay the difference in taxes in Canada ( minus the amount I paid in Florida as a foreign tax credit).

13 December 2024 | 4 replies
However, for longer-term profitability, flexible loan terms often have a bigger impact, especially with interest rates or repayment structures that align with your goals.

14 December 2024 | 6 replies
Here is what I know-$250k Strong (my client) = 1/3 = 7.33 Units Each$250k Elena/Investor = 1/3 = 7.33 Units Each$250k Mike/Builder = 1/3 = 7.33 Units Each$250k Investment = Profit $2 to 3.3 million.Purchase $2.2Build Cost $4.1Total Cost $6.3ARV = $12 to 22 millionProfit = $5.7 to $16 millionConstruction to take 18 monthsI am meeting with a lender and the developer, Mike today.