Deirdre Lizio
Should you pick a property manager based on price or service?
17 January 2025 | 23 replies
Implement documented repeatable processes to reduce errors and improve service levels.By being efficient, and cutting some of your costs you can hire better talent with the leftover cash.
Alex Collins
How to privately purchase a property from a buyer with a mortgage balance
29 December 2024 | 8 replies
If I was to purchase the property from her without realtors involved on either side how would I do so?
Michael Darten
Property management managing multiple properties
4 January 2025 | 18 replies
So I started creating an on boarding system where I have recorded videos and documents and protocol of how to run business.
Mark G.
What's Your Conversion Rate for Cold Calling Software-Generated Leads?
24 January 2025 | 12 replies
I got into this by accident when i took a job via upwork as a VA for Vontive and stated at interview i could lower there costs and stress by automating there lead gen.I automated the lead gen and they didnt need 5 0f the 6 VAs they hired and we cut there costs by nearly 60%.Thats when i realised that you could automate even the cross platform data scraping.Then i got some extra clients from Upwork and now Im on here to help, offer the same and expand to others.going to the recorder office/courtYou only need to go to the physical building if thre is information on the documents that you need but cant view online.
Clinton Davis
What's the latest on this BOI?? Go or no go?
3 January 2025 | 13 replies
Reports must include details of beneficial owners, such as names, birthdates, addresses, and ID documents.
Franky Na
Canadian looking for mortgage options for US property purchase options
17 December 2024 | 3 replies
They are farily easy and do nto require much to get started and the Max LTV is going to be 75% but I have seen some exceptions to 80%.Rates are subject to a few thing like loan amount, property type, number of units, credit score and downpayment.DSCR allows you to purchase with No employment and No tax returns so its a little easier.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
CPAs often advise against pursuing this designation unless the time commitment and documentation are robust, as failing to qualify can result in IRS audits or penalties.The 500-hour rule pertains to material participation in specific real estate activities or businesses.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
Details matter: keep a log (something like an excel spreadsheet) that documents the date, duration, and events that occurred/work you did. 2.
Keith A.
Going without landlord's insurance. Have you done it?
7 January 2025 | 7 replies
Also consider all lenders will require to review your insurance when underwriting a loan and it's likely a violation of your existing loan documents to let the properties go uninsured even if they didn't require insurance escrows.
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
I understand the seller wants to move froward, but if they are not willing to give you information on the asset that you're purchasing, that is certainly not a good sign.