Terri Absher
Invitation to join Class Action Lawsuit STOA/FlipOS/Farraway SG
1 December 2024 | 9 replies
Regrettably, after eight protracted months, my case was converted to Chapter 7 due to insufficient equity.Ironically, the trustee swiftly secured a buyer for all the properties that were to be sold to STOA/FlipOS—this buyer being Farraway SG, the same entity that acquired the loans held by STOA USA during a time when they were laying off employees and leaving us in a difficult position.STOA never officially filed bankruptcy.
Damian LaGrange
Cap rate vs per door price?!?!?!
29 November 2024 | 6 replies
Cap rate, per door price, gross rent multiplier.
Mahender Bist
Where to form LLC for legal protection - Business in AL, Living in CA
4 December 2024 | 18 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
Lending favors w2 employment.Self employed have; Non of the above. exactly my point if your going to be self employeed you need to make a bunch more than your salary with bene's.
Ryan Smith
Advice on Effectively Scaling and Attracting Investors
25 November 2024 | 5 replies
Also, we have a team of fifteen employees now, with processes and systems to scale.Given my track record and ambitious goals, I'm exploring ways to attract investors for fix-and-flip projects and rental property investments.
Andrew M.
Increasing HELOC on investment property
28 November 2024 | 2 replies
Now, most of these smaller banks may only have 12 employees or so.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
The U.S. government has limited ability to provide emergency services to U.S. citizens in many areas of Mexico, as travel by U.S. government employees to certain areas is prohibited or restricted.
Kevin Rodriguez
Starting My STR Journey
6 December 2024 | 25 replies
Furnishings and outfitting run about $20/ft professional but if you DIY at $15 and its 1,500 sq ft $22,500.AirDNA has the property at $65,000 Annual Gross.
Account Closed
Favorite Landlord/Property Management Software/App & WHY?
25 November 2024 | 11 replies
Here I have contact info, lease info, AC filter, trash day etc plus all the income and expenses.Then I have a Master tab that has all properties, so I have the big picture of gross rents received.
Tom Carmody
Condo Hotel (Condo-tel)
24 November 2024 | 27 replies
These are what his numbers are: Value $369,000, Gross Rent $72,749, Total expenses $49,682 Net $23,067.