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1 March 2024 | 15 replies
Quote from @Tony Pellettieri: Quote from @Arthur Schwartz: Consider bringing in a new partner to help with funding, and offer them a guaranteed return or a percent ownership We just entered into a JV with a new partner, and I believe this is the strategy we are going to utilize that will be the most cost effective and mutually beneficial for all parties. this is my business model we come in as JV and help folks like you scale.. it works great for the right circumstances.
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29 February 2024 | 8 replies
The hourly ones have expected completion times based on sqft and bedroom/bath sizes so they really cannot take too much of an advantage, and even if they did we are covered by cleaning fee (all of this has been factored in already).Most hotels staff in house to the point of their lowest occupancy months and bring in contractors at times of higher occupancy, so we are trying to follow this model somewhat.
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28 February 2024 | 2 replies
Hello,I'm looking for toilet recommendations to use in a rental house.Since I'm responsible for paying for the water, I would like something with a low water usage that still gets the job done effectively, and has as few issues as possible.What brand/model would you guys recommend?
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28 February 2024 | 5 replies
@Steven Baker, Like @Bill Brandt said your business model is exactly that of a dealer.
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28 February 2024 | 4 replies
I think some of the higher loan to value conventional loan programs may have gone to that model as well, but I'm not sure.
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1 March 2024 | 97 replies
I can now see why a potential mentor wouldn't consider a straight 'deal splitting' arrangement out of the gate, with the HIGH attrition rate (and time and effort commitment, up front...) but this almost universal "pay to play" model only works with people who have the "investment" funds... which ISN'T the VAST majority of those who are likely to DO THE WORK.
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28 February 2024 | 14 replies
I come from a data science background, so I'm accustomed to creating models to derive the incremental ROI of each variable.I hear some people saying "get the $10,000 hot tub", and I get that, especially if it's a "table stake" that your property needs just to be considered by guests.However, when thinking about less standard amenities, like putting greens, gaming rooms, billiard tables, pool toys, etc. what tools or methods do y'all use to evaluate if a given idea will deliver a positive ROI?
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28 February 2024 | 5 replies
Hello All,Is anyone aware of a model that allows me to invest passively in fix and flips and make a % of the profit?
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28 February 2024 | 19 replies
We are are currently modelling 4 per month, so we would fill it in a year or so.
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29 February 2024 | 18 replies
In addition to that I love accounting and tax and love helping people and pointing them in the right direction even if our model isn't a fit for them hit me up any time!