
7 May 2024 | 24 replies
So it may make sense to just put it all into one hard money loan.The other thing to consider is if you have to pay a 3% fee to use your card, like with a lot of wholesale suppliers, and your rehab only takes 3 months, you are effectively paying 12% on an annualized basis for that money, which ends up being more expensive than a hard money loan.

9 May 2024 | 65 replies
The fact that paid information has a higher success rate than free information does not form a basis to say that paid information is better or more effective than free information.

6 May 2024 | 25 replies
But if you’re not doing it every day, and haven’t done lots of transactions, and aren’t intimately familiar with the local market on a house by house level, then you couldn’t possibly know as much about things to avoid and best practices etc. as someone who does it every day for a living and has done lots of transactions.

5 May 2024 | 2 replies
Should I run a cost segregation after completion of project and bake it as part of increase in basis?

6 May 2024 | 12 replies
Larger properties can accept smaller amounts on a per room basis, thus providing more value at scale.5) It's a lot of work.

5 May 2024 | 6 replies
Do we use the current basis (acquisition plus reno cost) as the starting point?

6 May 2024 | 10 replies
There is a company out there right now paying 40% annualized and I know an investor who thinks its great, well yeah its great until you lose it all - as never in the history of mankind has a company been able to pay its investors 40% per year on a continuing basis.

6 May 2024 | 8 replies
That is not scientific at all and would be a pain to look at every day to see if there are short term bookings.

5 May 2024 | 8 replies
May be worth a meeting and a conversation to sound them out.Edit for a fun story:I worked with this guy who was super stoked on 420, had "legalize it" stickers all over his car, wore Bob Marley shirts, stopped work every day at 4:20 to take a hit, etc.

8 May 2024 | 112 replies
I might be reading this incorrectly.I'm unsure if your government dealings have a factual basis, but I am glad to hear that, so far, you have been left unscathed.