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31 October 2024 | 12 replies
I benefitted from rent inflation, but I also did some things that would help improve net cash flow (appealing property taxes, for example).Happy to send you some resources with more details on how I accomplished it.
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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 | 0 replies
While the intent behind AB 968 is clear—adding transparency around recent repairs and renovations—this bill may not accomplish its aim in the ways its proponents hope.
30 October 2024 | 94 replies
Is there another way I could accomplish this?
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30 October 2024 | 3 replies
Hey Brian,First off, congrats on building that equity over the past five years...that's a solid accomplishment.
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28 October 2024 | 24 replies
D you see this property accomplishing that?
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28 October 2024 | 5 replies
Looking forward to seeing what you accomplish, and if you ever want to chat about Tampa or real estate strategies, feel free to reach out!
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29 October 2024 | 16 replies
We've had success in all 4 of these markets, so really depends what you're trying to accomplish and how much money you have to play with.
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28 October 2024 | 12 replies
If I was looking to get started in this sector I would start reaching out to city council members and find who I need to connect with and ask them the best way to get this mission accomplished and they likely will tell you more than you were expecting.Best of luck and what a great cause!
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27 October 2024 | 0 replies
We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!