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30 September 2024 | 10 replies
Rooming houses operate differently here where you don't have to go to court to evict.
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30 September 2024 | 5 replies
Natalie did a great job explaining the technical aspects of deducting BPCON travel costs, but her post assumes that an investor already operates their business, which you do not.
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1 October 2024 | 8 replies
You could do much better with your money than doing out-of-state management in Scottsdale where you are going against some phenomenal operators.
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30 September 2024 | 8 replies
Keep in mind any premises liability, landlord tenant, contractual dispute with a vendor that performs services in CA will be resolved in CA if that's where the real estate is owned and operated.
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7 October 2024 | 34 replies
And operational inefficiencies.
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1 October 2024 | 10 replies
I mainly operate in the Southeast part of the U.S.
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30 September 2024 | 10 replies
The most important thing to do is to find quality operators to partner with.
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2 October 2024 | 5 replies
This creates a potential passive stream of income and a way to extend the lifespan of your coaching investment which seems awesome for your business model.Example: Ryan Serhant, advocates profit sharing (equity stakes) in deals that his coaches help close which takes you from coach to partner, and a model proven successful.Client View: Positioning yourself as a partner to their operation is a way for the client to understand your investment in their outcomes outside of the dollar signs involved, and shows them that you are coaching them in a way that provides long term success.
1 October 2024 | 4 replies
Before or after you closed, did you go talk to the other three homes and let them know what you were planning and how you were going to operate?
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29 September 2024 | 11 replies
I've done that in 2-3 of the spots I have STRs in, with that said it made me learn some different areas I needed to protect myself in once I got in contact with the operators.