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9 January 2025 | 107 replies
I figure this would be really helpful for anyone in our business.
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8 January 2025 | 29 replies
If you're an investor Broker / Property Manger in this business you get 100's and 100's of investors reaching out to you wanting to spend the day with you while they are in town.
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8 January 2025 | 38 replies
This is the cost of doing business.
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15 January 2025 | 18 replies
Examples might include areas in the Midwest, Southeast, or Sunbelt regions.Multifamily Properties: Consider duplexes, triplexes, or small apartment buildings to increase unit count and spread risk across multiple tenants.Short-Term Rentals: If you’re comfortable with the management requirements, STRs in vacation or business travel markets can offer significantly higher cash flow potential than traditional rentals.Value-Add Properties: Look for opportunities to buy undervalued properties where you can force appreciation through renovations or better management.Decision FrameworkRun the Numbers: Compare the projected cash flow, equity growth, and tax implications of selling versus holding with a refinance or HELOC.
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8 January 2025 | 10 replies
If you have an LLC, the accounts should be business accounts in the name of the LLC.
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7 January 2025 | 24 replies
Quote from @Bob Asad: So I read that you can keep the last month's rent in your own account because it doesn't need to be separated; however, security deposits cannot be mingled with the landlord's other accounts or business funds.If that's the case (in Florida), does anyone know if you have 2 SFH, then do you need two separate savings accounts for each tenant's security deposit or can you combine them?
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10 January 2025 | 12 replies
PMs are busy - if you email a PM and say "Hey PM, I'm looking at 123 Main St. and I think it will rent for $1500 a month, does that sounds right?"
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7 January 2025 | 22 replies
2025 is approaching fast, and I know many of us have already started our business planning for the year ahead.
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5 January 2025 | 11 replies
I do pretty much like more SD than SA, but as you asked, the money that I have to invest it aint that much, goes between 30-40K to start and will be definitely for long term, as I said, I´m a beginner in this business in the US, as commons says I´m at the baby steps stage right now.
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14 January 2025 | 11 replies
Personalized advice given from years of experience can really accelerate your business.