
6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

8 January 2025 | 12 replies
Usually OH and IN are the two main states they I have seen booming business in for 204 unit REI's.

14 January 2025 | 25 replies
STR's don't create real estate value they are a business I have a dozen and am building 2 more this year so I like the business model and I have over 100 regular rentals.

16 January 2025 | 15 replies
The risk to my business is much too high just so the agent can make a little more money on the transaction.

8 January 2025 | 10 replies
If you have an LLC, the accounts should be business accounts in the name of the LLC.
11 January 2025 | 12 replies
Scotia Bank in Costa Rica will allow you to open up an larger account as 'business owner' if you own your properties in an LLC but the process of opening an account is much more difficult.

7 January 2025 | 24 replies
Quote from @Bob Asad: So I read that you can keep the last month's rent in your own account because it doesn't need to be separated; however, security deposits cannot be mingled with the landlord's other accounts or business funds.If that's the case (in Florida), does anyone know if you have 2 SFH, then do you need two separate savings accounts for each tenant's security deposit or can you combine them?

9 January 2025 | 4 replies
When it's a well established company like Apple, they aren't likely to be going out of business so there is some certainty that there will be in increase in demand for quite some time.

24 January 2025 | 42 replies
They don’t have any law firm they work with, that’s all BS they list NPL for title and note holders.I buy and Sell a lot of homes, I have worked with all types of Business as well that do this, PREREO is nothing more then a Wholesaler, nothing special about this place.

7 January 2025 | 22 replies
2025 is approaching fast, and I know many of us have already started our business planning for the year ahead.