Kamuela Haasenritter
New to REI and wanting system to get started asap using BRRR
18 January 2022 | 2 replies
So, I am looking basically for a turnkey system/blueprint etc that I can follow and immediately begin 1) assembling the core 4 (and then the several other key support members of my team), 2) assessing and putting into place financing options, 3) looking for deals/finding wholesalers & real estate pros that will do so, 4) evaluating properties that fit my "BRRRR to college students" criteria, 5) making sound offers that have properly evaluated the buy/rehab cost to ARV and closing the deal, 6) negotiating and supervising the rehab process in a time efficient way, 7) ironing out the legal and insurance aspects of renting and lastly 8) marketing to college students so I have renters on contract for fall semester.
Briana Phelps
Is becoming a part time real estate agent worth it?
30 August 2021 | 30 replies
With an agent I can at least call their supervising broker if they start bending the rules.
Manjusha Tangirala
Pool Safety Measures for My Airbnb Rental in Escondido, CA
9 November 2023 | 9 replies
To further enhance safety, we've installed door stoppers at a height of 5 feet, ensuring that young children can't easily open the door.We will also be placing clear signs in the pool area, emphasizing that children are not allowed without adult supervision.
Shane Abbott
Realtor vs Broker
7 November 2023 | 7 replies
A salesperson (agent) cannot conduct any activity without the supervision of a Broker.
Amran Musaid
Long distance landlord
1 December 2022 | 24 replies
@Drew SygitThe contract says there’s no charge but there is a 10 % fee to supervise the work.
Bruce D. Kowal
Material Participation - what constitutes good recordkeeping?
23 May 2022 | 0 replies
[she] spent considerable time researching and contacting contractors, obtaining price quotes, and supervising repairs.
Eric Williams
Investor vs Dealer - Example
9 October 2023 | 0 replies
And the IRS does do this.Here are some factors from a case.In determining whether the income should be classified as ordinary income or capital gain, the court evaluated nine criteria: (1) the taxpayer’s purpose in acquiring the property; (2) the purpose for which the property was subsequently held; (3) the taxpayer’s everyday business and the relationship of the income from the property to the taxpayer’s total income; (4) the frequency, continuity, and substantiality of sales of property; (5) the extent of developing and improving the property to increase sales revenue; (6) the extent to which the taxpayer used advertising, promotion, or other activities to increase sales; (7) the use of a business office for the sale of property; (8) the character and degree of supervision or control the taxpayer exercised over any representative selling the property; and (9) the time and effort the taxpayer habitually devoted to sales of property.
James Hunter Kight
Long term rental or AirB&B in Danville, VA
5 January 2023 | 2 replies
I just rented my 4bed/2bath to a single guy supervising a construction project while he looked for a home.I'm going to bring up a different topic.
Burke B.
Reasonable Property Management Fee Structure?
26 November 2022 | 29 replies
When repairs or maintenance is needed, BCI is “hands on” with supervision of the task needed.
Cornelius Garland
Making the Perfect Hire Each Time for your Wholesaling Company based on Psychology
22 August 2023 | 12 replies
I found this team buildout works for most wholesalers: An operations manager that is the second-in-command to the owner, who is responsible for supervising all other team members, a lead manager who follows up with all of your cold leads, and two virtual assistants who solely cold call or text.