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12 September 2024 | 5 replies
There was a case study where a GP raised a million dollars for a deal with 70% of the funds coming from his personal network.
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13 September 2024 | 50 replies
The median price of all settlements studied was $31,000.
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14 September 2024 | 16 replies
Study their pricing, occupancy rates, amenities, and guest reviews.
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13 September 2024 | 3 replies
I like that I can quickly set up bank accounts for each property and sub-accounts under those so I can keep my property finances in "buckets" as I like to think of it.
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13 September 2024 | 7 replies
I have a Rentometer account, but it isn't pulling good comps either.
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13 September 2024 | 10 replies
You should be consulting with your CPA ot tax preparer to account for the specifics of your individual tax situation.
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13 September 2024 | 8 replies
I need a good accountant do you mind sharing his info
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11 September 2024 | 2 replies
Associations must now conduct a Structural Integrity Reserve Study (SIRS) to ensure they have adequate funds for necessary repairs and maintenance.
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13 September 2024 | 12 replies
so if you just buy a random property with 100% financing, you'll never pay back the loans with the property - you'll be negative and have to pay it back with other money.and if you BRRRR using 100% borrowed money you have to really knock it out of the park to get all your money back, which is very difficult to do as a new investor.the way BRRRR works (as you know) is you buy (with money - cash from your checking account, cash from your uncle, hard money, a HELOC, a cm) fix the property up, then refinance.
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14 September 2024 | 6 replies
Its not unusual that your insurance premium jumped, but I’m wondering if the jump was so drastic only because you switched to a landlord policy, or if its because your insurance policy is renewing and taking into account increased costs of labor and materials.