
5 July 2024 | 19 replies
If you can demonstrate a track record of executing on the business plan you set forth, the banks will continue to lend you money and as they become more comfortable with you, your loan originations will out pace your balance sheet.

2 July 2024 | 5 replies
I have a team of four people building a fix and flip business. Our acquisitions person is walking properties and making offers, our project manager creates the product, my partner does dispo and I go get investors. A...

2 July 2024 | 0 replies
. - Competition & Negotiability : If you're looking for more time to analyze deals and an open dialogue on dealmaking, Oregon has proven to be somewhat of a playground.

4 July 2024 | 7 replies
This general log gives an overview of your activities, but it might not be detailed enough for IRS purposes.Example 2: Detailed LogMonday, 7/1/247 AM - 7:30 AM: Monitored security cameras1:30 PM - 2:15 PM: Responded to tenant question regarding parking3:00 PM - 3:30 PM: Monitored security cameras4 PM - 4:15 PM: Checked mail and delivered to tenants, as necessary7 PM - 7:30 PM: Monitored security cameras10:30 PM - 11 PM: Monitored security cameras7 AM - 11 PM: Remained on standby all day for tenant needs/emergenciesThis detailed log breaks down your activities into specific time slots, which can provide a more precise account of how your time was spent.Best Practices for Record-KeepingBe Specific: Break down your activities into smaller time intervals, as shown in the detailed log example.Use a Logbook or App: Consider using a time-tracking app or a dedicated logbook to keep daily records.Document Standby Time: Clearly note the hours you are on standby for emergencies, but also separate it from active tasks.Include All Activities: Document everything from advertising to maintenance and tenant interactions.Consulting with a Tax ProfessionalGiven the complexity of qualifying for REPS, it's always a good idea to consult with a tax professional.

3 July 2024 | 36 replies
We did hear of Track and Streamline for the bigger companies that were over 100 - 200 units.

3 July 2024 | 4 replies
That's based on hundreds of permits I track on a trailing 90 day period.

7 July 2024 | 30 replies
Given your successful track record, you’re in a strong position to negotiate favorable terms, whether sticking with your partner, using hard money, or exploring new private lending options!

3 July 2024 | 0 replies
Showing off our skills and track record is important because it shows how valuable we are.Negotiation is a strong skill that helps everyone engaged.
2 July 2024 | 8 replies
She doesn't like keeping track of her hours it's too much of a burden for her.

2 July 2024 | 10 replies
Today's update is to let you know that it has not stabilized and is continuing to decline.At Bartomeo Property Management we track several key metrics to not only assess the market but to help us understand our internal operations.