3 July 2024 | 20 replies
If you do have money to invest in your wholesaling business, then you can pull lists from Prop Stream or List Source and skip trace them, use bandit signs, social media advertising, Google/Bing ads, Direct Mail, etc.
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4 July 2024 | 8 replies
after about $550,000 in remodel costs we reopened the wash under a new name with new logos and branding. we introduced targeted online marketing ads, negotiated wholesale pricing deals with local car dealerships to offer a year of free carwashes with the purchase of a new vehicle. created a monthly newsletter and sourced emails from local businesses. all in all I would say we double or tripled the bottom line numbers of the business in six months and boosted google reviews thru the roof!
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3 July 2024 | 4 replies
@Adam GottRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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3 July 2024 | 6 replies
I concur with Charles, shed 5%-10% for the comps sourced from January to July.
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3 July 2024 | 5 replies
You are a MA resident so you are required to file a MA State tax return reporting your worldwide income.You have an income source in NY so you are required to file a non-resident return in NY.Best of luck.
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2 July 2024 | 7 replies
We love to source local artists in our properties... for example we have a neighbor who does wooden sculptures with a chainsaw, and he appropriately made us a wooden bear for the front porch of our cabin.
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2 July 2024 | 1 reply
Exploring alternative revenue streams, such as short-term rentals or mixed-use developments, can increase cash flow and diversify income sources.
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2 July 2024 | 4 replies
@Calum ShallenbergerRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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2 July 2024 | 108 replies
It's another if you look at it as a sustainable source of income, which what business is.
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2 July 2024 | 3 replies
@Federico SarcinaRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.