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3 November 2024 | 15 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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1 November 2024 | 19 replies
This depends on your agreement and whether you are hypothecating the note (meaning you own the note and are borrowing against it) or doing a partial where you are selling that portion of the note and issue a collateral assignment.When i did partials I did it as a hypothecation where I kept control of the note because those who typically buy a partial are not savvy note investors and if it went into default the first call they would make would be to you.I know some who let the buyer own it and they would be calling the servicer every week asking about payment or emailing the etc. then if it did not show up they would be calling them.How you structure it is up to you, just realize there are pros and cons for both
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29 October 2024 | 0 replies
But, how long with this supply glut last?
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31 October 2024 | 8 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
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31 October 2024 | 5 replies
Hey Rashim, I've worked with a bunch of Canadian investors that purchase in Detroit.The key is to set up your entity structure so you don't get hit with double taxation.
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2 November 2024 | 8 replies
As an owner builder, I built 3 ADUs and 1 JADU (subbed out the structure build and I did all the finish work).
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28 October 2024 | 13 replies
we use spectrum and pay for there supplied router and modem, if thats an option for you, you can go in within there app on your account and reset it from there.
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1 November 2024 | 5 replies
Picking a house with major, costly structural issues or in a location with poor rental demand can hurt both the rental and refinance phases.
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30 October 2024 | 7 replies
Hey Ismael, When structuring seller finance deals, you essentially give a bit more on the purchase price but get good terms.
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31 October 2024 | 37 replies
The entire results for a 100K investment.I guess that should teach me on the wisdom of not checking debt structure well before hand.