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12 December 2024 | 17 replies
Once we purchased I found a company called Water Systems (somewhere in the South).
16 December 2024 | 8 replies
STRs have unique tax considerations, so setting up the right systems early will save you headaches down the road!
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11 January 2025 | 67 replies
Buy a multi family with 50-100K and continue to hammer the HYSA.
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13 December 2024 | 16 replies
Apparently this is an issue that other investors have faced as well, because it requires a bank manager to do a minor workaround with a field entry in the system in order to make it work.
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17 December 2024 | 16 replies
Not only is it the right thing to do to help them get their legal ducks in a row about knowing SPECIFICALLY what the seller did wrong, ie did not disclose and can prove it was done for the sole purpose of deception to make the sale "smoother" but it can help you look good and have you learn how to avoid in the future (as you say "tighten up your due diligence")It sucks when agents "help" 1st time or largely inexperienced buyers long enough to make the sale and get their commission but then peace out on the client when something like this happens.It It seems like you are attempting to do the right thing which is admirable bc at the end of the day, the court system is the closest thing to a "business police" that ppl can get.
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16 December 2024 | 1 reply
I was interested in the finance and legal aspects of operating a multi-state buy and flip equity fund.
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13 December 2024 | 5 replies
This isn’t just about bookkeeping—it’s about setting yourself up for sustainable growth.Many investors use a basic system with at least five accounts: one for income, one for operating expenses, one for taxes, one for marketing, and one for reserves.
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15 December 2024 | 0 replies
In a total package deal for a single family or multi what do you look for?
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18 December 2024 | 13 replies
Coincidentally, I had this exact same question when renewing our local STR license as they've moved to a system (unfortunately) where the cost of the license is based on the number of bedrooms.
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13 December 2024 | 22 replies
I am a new(ish) investor with a handful of properties in the DFW area. I am considering going outside DFW for my next investment, but not too far (at most a 2-3 hr one-way drive from Dallas). Killeen is one option. Do...