
8 January 2025 | 38 replies
This is the cost of doing business.

8 January 2025 | 12 replies
Usually OH and IN are the two main states they I have seen booming business in for 204 unit REI's.

6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

6 January 2025 | 2 replies
I just finished The Book On Rental Property Investing by Brandon Turner, and it made me even more excited and determined about getting into this business.

8 January 2025 | 10 replies
If you have an LLC, the accounts should be business accounts in the name of the LLC.
11 January 2025 | 12 replies
Scotia Bank in Costa Rica will allow you to open up an larger account as 'business owner' if you own your properties in an LLC but the process of opening an account is much more difficult.

9 January 2025 | 4 replies
When it's a well established company like Apple, they aren't likely to be going out of business so there is some certainty that there will be in increase in demand for quite some time.

7 January 2025 | 24 replies
Quote from @Bob Asad: So I read that you can keep the last month's rent in your own account because it doesn't need to be separated; however, security deposits cannot be mingled with the landlord's other accounts or business funds.If that's the case (in Florida), does anyone know if you have 2 SFH, then do you need two separate savings accounts for each tenant's security deposit or can you combine them?

9 January 2025 | 16 replies
I hope we can potentially do future business together!

8 January 2025 | 11 replies
Florida should be busy currently with people staying in the Winter to get away from the cold & snow.