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20 November 2024 | 0 replies
I was hoping to get some shared insights into what the best starter tech stack looks like for a wholesaling operation.
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20 November 2024 | 13 replies
It really depends on your specific situation.It's good you're thinking about the operational and bookkeeping component for your financial account structure to make things easier on yourself and any financial team members you have or may have in the future.You're ahead of the curve!
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21 November 2024 | 21 replies
We dispatch them first at $50/hr to see if there is a simple fix and there most often is.
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21 November 2024 | 7 replies
As Remington mentioned above, I would be cautious while wholesaling since so many wholesalers try to go around without disclosures and simple contracts.
26 November 2024 | 3 replies
For BP readers in NC (or other trustee states), get to know the trustees that operate in your county of choice, then periodically look for upcoming sales.
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21 November 2024 | 9 replies
Living, but either way you could try speaking with existing owner/operators groups in the greater bay area, or even central coast, looking to expand their portfolios for a joint venture.
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20 November 2024 | 1 reply
You're essentially buying into a partnership with your friend with the partnership owning and operating the property.Now, the financial side of that gets more complicated and would generally include an advanced proforma/financial model that includes a GP/LP equity waterfall schedule that is based on how you and your friend agree that you will pay her and also share the profits.I assume that won't make sense to you right now, but I'll send you a DM.
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21 November 2024 | 4 replies
I realize there is probably no simple answers but I am all ears from all sources.
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19 November 2024 | 6 replies
I ran into this recent TurboTax article that led me to believe it was possible: Second, you may have a net operating loss (NOL) if the Section 1231 loss is large enough to reduce your other income below zero.
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19 November 2024 | 12 replies
Ditto @Michael Baum - a simple 3 ring binder and I update/replace it if it looks even a bit worn down.