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22 January 2025 | 22 replies
Net Sale - Is the contract price, minus the closing costs and commissions.Adjust cost basis - Is the purchase price, plus capital improvements, minus depreciation.
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9 January 2025 | 8 replies
Separately from all of that - I recommend reviewing your lease up procedures to improve verification of signing tenants and their agreement and aware of terms and conditions.
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5 February 2025 | 38 replies
The company aims to raise funds from investors to purchase single-family homes, primarily in Florida, improve them, rent the properties, and eventually resell them (11:33).
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12 February 2025 | 179 replies
From what it looks like builder does not want to take a loss and what to negotiate sale where they do not take a loss even profit, since they are selling improved lots.
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9 January 2025 | 4 replies
If we rent to own, they are OK, but we cant refinance because we don't have the deed.Are there any unique scenarios to help us get the property for little money out of pocket, we have the ability to have the deedSign a lease agreement with a purchase option that allows you to buy the property at an agreed price at the end of the lease term, consider establishing a partnership with the seller to jointly invest in property repairs and improvements.
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13 January 2025 | 10 replies
Hey @Bailey Rentz, I'll say that we use QuickBooks Online exclusively for all of our Clients and they are constantly working to improve the bank feed feature and specifically the connections.
10 January 2025 | 5 replies
A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.
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2 January 2025 | 1 reply
Excited and looking forward to improving!
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9 February 2025 | 36 replies
Even as my portfolio grew exponentially, my work/life balance continued to improve.
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1 January 2025 | 12 replies
I did minor improvements to both of those, but unfortunately had to replace the roof on each (Flat roofs suck, lesson learned).