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13 December 2024 | 5 replies
It has been a gamechanger in my business.For my flipping business, I prefer to use fewer software programs to streamline things.
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15 December 2024 | 25 replies
If I downgrade I won't get the project tracking feature :(I"ll be giving a Xero software a try.
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30 December 2024 | 103 replies
Quote from @Zane Cress: Goal is to streamline the portfolio and take advantage of trapped equity.Planning to sell 4 condo units and 1031 into one or two multi family properties.
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14 December 2024 | 6 replies
They can guide you on tax advantages, asset protection, and multi-state strategies.A HELOC is a smart way to leverage your equity—ensure your financing structure aligns with your long-term goals.Since you plan to add multiple properties annually, consider setting up bookkeeping and financial tracking systems early to streamline your operations.Best of luck with your BRRRR journey—it sounds like you’re off to a strong start!
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15 December 2024 | 4 replies
My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?
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10 December 2024 | 2 replies
They are always on top of maintenance and communicating any issue regarding the property and they have streamlined the process so that it’s relatively easy and quick the purchase.
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16 December 2024 | 6 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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13 December 2024 | 2 replies
Maintain accurate records to streamline applications.Call to Action:For anyone just starting, remember that building business credit is a marathon, not a sprint.
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15 December 2024 | 18 replies
@Felipe Mejia, I just heard the podcast episode that you were featured in and was left inspired.
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17 December 2024 | 11 replies
Operations as xxxxxxx.Your Operating agreement is the most important feature.