Ashley Wilson
2025 Goal Setting Tips for Success
22 December 2024 | 0 replies
In the spirit of Goal Setting, here are my top 5 Tips for ensuring you set goals with the highest probability of success. 1.
Marc Shin
BRRRR financing for an Airbnb set ups
23 December 2024 | 3 replies
Quote from @Marc Shin: Hello,For the financing of a BRRRR, are there lenders that are willing to include the costs of Airbnb set up (i.e. furnishings) in the initial hard money loan for a BRRR?
Matthew Orr
Should I sure for specific performance?
28 January 2025 | 9 replies
Additionally, the contract with the wholesaler is set to expire on Monday the 27th.
Natasha Rooney
Fideicomisos VS. Mexican Corporation for STR in Mexico
29 January 2025 | 3 replies
Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.
Bob Lachance
The Challenges New Realtors and Investors Face and How to Overcome Them
28 January 2025 | 0 replies
Starting in real estate is exciting but comes with its own set of challenges.
Angie Ruiz
What's the best way to set up a partnership?
31 December 2024 | 3 replies
I'm have been asked to enter into a partnership with an experienced investor, and I'm not sure how to or the best way to structure a partnership. Any advice or resources you can point to? I'd like to double my units i...
Denise Carringer
Owner financing payment tracking app?
21 January 2025 | 18 replies
Quote from @Beth Johnson: @Marina Wong No. we just charge the servicing set-up fee at close.
Brook Burns
Tenant Security Deposit Escrow Account
29 January 2025 | 9 replies
If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.
Kevin Brown
Best Accounting Software
29 January 2025 | 7 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.
Joy Daniels
What Marketing Strategies Have Helped You Increase Occupancy Rates for Your STRs?
25 January 2025 | 8 replies
Airbnb claims that setting up a "photo tour" on your listing will increase bookings by 6 percent, for example.