Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
Here's an example why:- One of our people made a mistake last year, and entered an expense of $1500 instead of $150 - they accidently typed an extra "0". - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio.
Natalia Perlova
Tenant claims there is no heat, and it's Christmas
31 December 2024 | 57 replies
Quote from @Natalia Perlova: Quote from @Marcus Auerbach: Agree with the last two posts.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
During the time deployed (last 4 yrs), I rented the home.
Samantha Benz
Should I go to BPCON?
13 January 2025 | 7 replies
Quote from @Victor Patel: I have went to many real estate and franchise conferences over the last 30 years.
Gary Campanaro
Housekeepers want 50% without Cleaning
9 January 2025 | 17 replies
When I have last minute cancellations, I still pay them.
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
So maybe 8 phone calls across a year if you have a well maintained unit.
Noah Laker
Opening a Sober Living Facility
15 January 2025 | 4 replies
My company has gone through 3 dishwashers in the last 12 months and it has been an added expense.
J. Mitchell Bernier
Valdosta, GA Market Update
10 January 2025 | 0 replies
Last month, I was projecting to see the inventory numbers rise with seasonality and get a slight bump from Hurricane Helene, but that has proven to not be the case.
O Samuel Adekolujo
First Deal program
4 January 2025 | 16 replies
I would be happy to talk to you more about this over the phone.
Jackson Pudlo
First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
16 January 2025 | 5 replies
With a Conventional Loan you can buy a SFH, Duplex, Triplex or Quadplex with as little as 5% Down if it is your primary residence as long as you have the intention of occupying one of the units for 1 year after closing escrow.This is the strategy I have personally implemented and have assisted many of my investor clients in doing the same. 20% Down is also beneficial as it keeps your payment low but it does limit your ability of buying more real estate faster.i would be more than happy to discuss the different strategies with you over the phone or in person.