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30 March 2024 | 9 replies
Chasing cash flow in these neighborhoods is rarely a viable business model as I've learned.
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31 March 2024 | 11 replies
Now in the realm of the inferior outbound marketing (vs the much better model of inbound marketing), Facebook ads is outbound.
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30 March 2024 | 2 replies
If you don't want to do all of the management stuff, you could look into Padsplit, its a model that I don't really care for, but might work for your situation.4.
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29 March 2024 | 8 replies
As a newcomer in the home renovation industry, I highly need expert advice. I own an inactive LLC with my friend, and we intend to activate it so that the company can be eligible to utilize mortgage and construction l...
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29 March 2024 | 2 replies
Are there specific strategies or platforms for connecting with potential development partners open to joint ventures or revenue-sharing models?
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29 March 2024 | 0 replies
I wanted to get some feedback from folks who are actively serving clients and see potential areas where their clients have unmet needs.Business intelligence solutions: Data visualization and storytelling to help clients make data-driven decisionsScalable finance and accounting workflow automation: Using ETL tools to streamline processes and reduce manual workOverall workflow solutions: Automating routine and manual tasks to increase efficiencyProcess-level written documentation and standard operating procedures: Ensuring consistency and clarity in business processesDynamic Excel workflows: Enabling users to model data effectively and efficiently at scale"From my experience, if folks have at least a sizable number of properties (25+), they could likely benefit from these areas to increase efficiency, reduce costs, and ultimately improve ROI.I'm eager to hear your thoughts and insights on the automation-related needs you see among your clients.
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29 March 2024 | 12 replies
Both platforms push high volume, low price models because that is in their best interest.
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28 March 2024 | 13 replies
I have done around 50 deals, but only 5 with this model.
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29 March 2024 | 11 replies
I was envisioning a two part calculation for the monthly mortgage payment - I see it as a VA loan analogy with no money down but the loan structured with two interest rates (one for the TSP down payment and one for the 30 yr fixed rate mortgage).I guess the real question to ask myself (using your situation as the model, assuming positive cash flow once TSP is repaid) is whether I am okay tolerating the potential 60 months of negative cash flow to get to the positive cash flow after 5 years.- Maybe if it gets the deal going and leads to a cash out refinance before the 5 year mark that allows me to speed up the TSP pay off.Wow - Great food for thought.
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29 March 2024 | 25 replies
Your business model cannot be sustained.