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10 December 2024 | 26 replies
If you have a plan A and a plan B going in you are setting yourself up to fail right away because you have told your minds already it won't work so you won't put your all into plan A.
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10 December 2024 | 5 replies
Approaching it like that would also automatically set an expectation for the owner to pay maintenance expenses.
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11 December 2024 | 12 replies
Then refinance it in 12 -24 months to take cash out and convert to a full time investment.The other property I would find a Duplex or 3-4 unit in or around Crystal River and set it up as a STR.
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8 December 2024 | 8 replies
It is a lot of work and I understand you want to "pour some gas on the fire" but likely you will just be setting cash on fire.Good to know thank you!
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12 December 2024 | 5 replies
Whereas the majority of the existing clients have stayed with you, but the whale client is with the ex-partner leads me to believe that if this heads to any type of judicial setting that no damages would be awarded.
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16 December 2024 | 35 replies
I tried to set up quickbooks online, but without paying $720 a year for the ability to do class tracking, it seems like it wouldn't be as beneficial.I know there are other tools out there more geared towards real estate like xero, etc, but I'm still trying to avoid paying so much every month.Has anybody used realtyzam or rentalhero (rentalhero.io) they seem to be linked?
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11 December 2024 | 8 replies
When the transaction closes, the purchase is funded, and we set aside additional funds in an escrow account to pay predetermined professionals to make any required or desired repairs or upgrades to a property AFTER the buyers settle on the purchase transaction.
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8 December 2024 | 9 replies
I like to set goals for 6 months, 1 year, 3 years, 5 years, and 10 years.
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9 December 2024 | 5 replies
This will set a strong foundation for long-term success and scaleability.
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14 December 2024 | 42 replies
I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.