Jay Hinrichs
How U.S. can lower housing prices? And Could Trump look at Broker model as Broken?
20 November 2024 | 45 replies
Just like when you call a big company and a robot answers your questions, but you have such a specialized question that requires a professional's input.
Nick Baxter
Real estate wholesaling technology - dream stack vs essentials?
20 November 2024 | 0 replies
In a dream world - the comprehensive solution does all this: *task management and sequencing where you can drop a property into a sequence ie day 1 call, day 2 mailer (have it automatically mail out something like a postcard) day 3 etc etc etc*project management outside of the outreach sequences for what's next in the process ie schedule inspection, send the contract, etc etc*ability to have multiple users drive around and if you see a property you can tag an address and add it into a marketing sequence, and also track the streets you've hit so you're not wasting time driving by the same houses more than once *dialer (ability to parallel dial numerous numbers simultaneously to make cold calling more efficient - Ive used tools like orum and kixie in other industries, and when you receive a pickup, the other calls are dropped) *skip tracing/data provider *website landing page for converting online visitors to leads*electronic signature/docusign*secondary branded landing site on different URL for blasts for deal disposition to your buyer listWhat am I missing?
Michael Calvey
Automate Your Short-Term Rental and Get Your Life Back: A Step-by-Step Guide
19 November 2024 | 5 replies
More five-star reviews mean better placement in online travel agencies (OTAs) and higher revenue.Dynamic Pricing That Maximizes Profit: With tools like PriceLabs, pricing automatically adjusts to local events, seasonal trends, and demand surges—no more underpricing or overthinking.
Marc Shin
Best way to save receipts for REI?
20 November 2024 | 9 replies
I also have my online purchases automatically forward to that email!
Omari Brown
Direct Mail In-house vs Outsourcing?
25 November 2024 | 23 replies
I just started my direct mail campaign and it took a whole Sunday (3:30-9PM) to do 200 letters and this was about as automatic as the average Joe could get:Printed Yellow letters using Officejet printer (Paper from Amazon)Printed envelopes using the same printer (Envelopes from Dollar Store)Bought 400 forever stamps from the Post Office to create the "genuine" effectStill, folding and stuffing papers was an extremely underestimated variable.
Julio Gonzalez
Real Estate Professional Status
19 November 2024 | 0 replies
Note that if you are married filing joint, only the spouse who is qualifying for REPS is able to count their hours.Step 4: Apply the quantitative testsPer Section 469(c)(7)(B), in order to qualify for REPS, you must meet both of the tests below:750-Hour Test: If you materially participate in a real property trade or business, you must spend 750+ hours during the tax year.More Than Half Test: You must spend more than half of your personal service hours in the real property trade or business in which you materially participate.Step 5: Material participation in rental activities Just because you qualify for real estate professional status does not mean that your rental activities are automatically considered non-passive.
Keri Win
New landlord: Need advice on apps to manage your property and lease agreements
19 November 2024 | 23 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Braath Waate
Estate planning: Automatic transfer of assets to charity after death?
14 November 2024 | 1 reply
I own property and have no children or real persons that I want to inherit my property after death. I do not want to use a will or trust to designate inheritance after my death. Instead, I have established a donor a...
Pat Arneson
Anxiety Over Rehab Costs
25 November 2024 | 23 replies
I always chuckle when people ask for a 'Investor friendly Contractor'.....do they really think there are Contractors out there that automatically lower their prices by 20% just because an investor calls....?
Jose Remor
Leaving a property management company.
25 November 2024 | 19 replies
Make sure there are no automatic renewals or hidden fees that could catch you off guard.