
18 November 2024 | 6 replies
Just be sure to account for holding costs, which can add up quickly.Another option—since you're well-positioned in Austin—could be bridge financing or hard money lending for your flip.

18 November 2024 | 14 replies
Hello, I have purchased 4 different asset manager lists over the past two years, but three were ineffective with outdated information and many email bounce-backs or returned mail.The best list I found was at RealEstateTargetdotcom; I did a successful snail mail and email campaign, and picked up three new banks and an account with LPS.I also cross referenced names on the list to see who was attending or speaking at various REO conferences, and made efforts to meet asset managers in person.

19 November 2024 | 7 replies
In my experience, the turnaround time is fairly short and can be done in January/February and still leave enough time for your accountant to file taxes.

19 November 2024 | 24 replies
Having a good game plan as an investor is key, making wise purchases, accurate budgets, holding subs accountable and to also know, yes, this may be the current ARV at purchase, but how is this market trending and what’s our timeline.

20 November 2024 | 45 replies
ACCOUNTABILITY.

19 November 2024 | 26 replies
So, they should be accounted for separately.

20 November 2024 | 18 replies
Will the city and insurance company hold me accountable and give me penalties even if it's living in the basement myself?
19 November 2024 | 10 replies
I dont enjoy that it makes them sign up for a rent redi account etc. but I am not sure what other options to try.

15 November 2024 | 6 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

17 November 2024 | 33 replies
things missing in your list (everyone manages differently, so take it with a grain of salt)Vacancy rateTurn overbad debt legal fees (evictions as needed)accounting fees for professional tax prepmaintenanceProperty TaxesSales Tax on PM fees (In NM, this is charged, not sure about where you are)Reserves for replacement CAPEX - furnace, water heaters, ac, roof, parking lot, etc.Admin, software, advertising, etc.Cost segregation study for accelerated depreciation captureAs for your loan.