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16 September 2024 | 28 replies
Gold package offered one on one mentorship and guidance and provided assistance and mentoring on the first few properties.
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11 September 2024 | 4 replies
On the gutter question, some vendors will include service annually or biannually with certain install packages, so that could be something to consider.
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11 September 2024 | 3 replies
Equity + Profit Share: Lenders get equity in the project, but rather than full ownership, they receive a share of the profits when the project is completed.Key Elements to Include in Your Proposals: Clear ROI: Make sure to outline the lender’s return clearly.
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12 September 2024 | 5 replies
New to RE investing , can I claim taxes fees on RE mentor/coaching, including Real-Estate software system package as RE start up Business cost?
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12 September 2024 | 7 replies
@Marcus GriffinTypically as part of a modification the bank will have a “shock package” which includes information and forms to be completed by the borrowerOn those forms there are questions like will they or do they occupy the property, there income, do they plan on keeping th home.This is equivalent to lying on a bank application which is most likely considered fraud Not providing legal advice but this is definitely a very slippery slope you are getting involved in.
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12 September 2024 | 23 replies
Seems like a slippery slope and if any AI is allowed, then the human element gets degraded IMO.
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13 September 2024 | 11 replies
Hope this helps everyone.Proper InsuranceProper Insurance is a leader in the vacation rental insurance space, offering policies in all 50 states.SafelySafely provides dedicated vacation rental insurance with additional services like guest and home background checks.CBIZCBIZ is known for its comprehensive vacation rental insurance solutions for both everyday hosts and larger-scale property managers.Rental GuardianRental Guardian offers flexible plans tailored to hosts' budgets, including options for international properties.InsuraGuestInsuraGuest provides specialized coverage for vacation rental properties, including accidental in-room property damage and theft protection.Red Sky Travel InsuranceRed Sky offers insurance products specifically designed for managed vacation rental companies, with packages tailored to different destination types.
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11 September 2024 | 15 replies
Usually because they're in a rural area and there is lower upside for the lender when they package and sell the loans.
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17 September 2024 | 68 replies
Cut free of your "golden handcuffs" with the minimal interest rates on these properties and sell them all (or the biggest headache properties) and do a 1031 exchange into a bigger property or package of multi families where the cash flow is better, numbers make sense, and you can streamline property maintenance and management rather than having 6 different single family homes.
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9 September 2024 | 46 replies
Instead of reading one of the many books and podcasts BP publishes on the foundational elements associated with REI, they would prefer that I take 1-2 hours out of my day on the phone to explain everything.