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26 September 2024 | 13 replies
If you're open to collaboration, that could be a fantastic way to gain hands-on experience.
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27 September 2024 | 9 replies
@Devin Bost, I understand the dilemma you're facing in choosing between full-service property management and a more hands-on approach for your short-term rental.
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25 September 2024 | 11 replies
I do have a handful of clients that have ended up using multiple CPAs just due to who their partners were on different deals, and even in those cases they almost always end up consolidating to a single CPA - taxes are enough of a headache without dealing with 3 different professionals who each only have a slice of the whole picture.If you are going to regularly be investing across the country, it doesn't hurt to work with a firm that has State and Local Tax (often referred to as "SALT") internal resources, though typically this does come from larger firms with larger fees.
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26 September 2024 | 7 replies
So they can work well, especially for investors looking for a more hands-off approach, but it's crucial to do the math and understand the specific property's potential.If you are still looking I would be happy to help you out in your search!
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26 September 2024 | 13 replies
So get your cash out and put into a good one, where that deal can recover the lost money and make more.You wouldn't keep putting chips into a bad hand in Poker, you'd fold.
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26 September 2024 | 7 replies
Hard Money lenders on the other hand (Such as Kiavi, Lima One, Easy Street, Etc...) will be able to finance at a higher leverage and may have some aggressive exposure limits (Higher LTARVs, LTC, and lower borrower requirements).
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26 September 2024 | 7 replies
There are instances where I use alternative lenders and have tried my hand at a few.
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28 September 2024 | 14 replies
@William CoetThe Hands Off Investor by Brian Burke is a great resource.Passive Pockets is another.Aleksey Chernobelskiy is building an entire business about advising LPs.
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26 September 2024 | 5 replies
I would vet and get a handful of contacts.
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26 September 2024 | 7 replies
But it all really depends on LTV, credit score, and a handful of other factors.