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30 October 2024 | 16 replies
So far they have been very professional and made distributions each month since closing to their investors.
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29 October 2024 | 12 replies
You could look at becoming a real estate professional (REP) and offset your active income with real estate losses, but that's outside the scope of your question.
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31 October 2024 | 12 replies
Readers should seek professional advice.
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31 October 2024 | 7 replies
These items are not permitted to biodegrade in traditional septic systems.Plumbing pipes are sensitive and must be checked regularly by scheduled plumbing professional.
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30 October 2024 | 35 replies
Those areas have higher rents, lower vacancy and higher appreciation.If you manage class A or B assets it’s not awful as most tenants are not professional tenants trying to live rent free for years.
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31 October 2024 | 15 replies
Without a PM you can afford to pay top dollar for service professionals as needed.
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31 October 2024 | 8 replies
Hey @Clint Kelly, I was going to recommend something like BuilderTrend but from what you've said, QuickBooks Online (QBO_ does exactly what you need.The key here is you need an REI-savvy bookkeeping professional since you stated your current bookkeeper is dropping the ball.What you want is super easy to accomplish for a flipping company using QBO.We have Clients who flip close to 100 properties/year and everything is super organized for each property using QBO.It's the operator, not the software in this case.Hope that helps!
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30 October 2024 | 12 replies
I'm particularly passionate about central Florida, where we use to live and where we currently live.Outside of real estate, I enjoy flying as a professional pilot, spending time with my family, and traveling.Excited to learn and connect with you all!
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30 October 2024 | 5 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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31 October 2024 | 3 replies
If you’re new to flipping, aligning with a mentor and real estate professional ie (Realtor/Mortgage Broker) who has experience with flips can provide extra insights, helping you mitigate risks.