Johanna Valencia
Looking to Scale Small Portfolio
8 September 2024 | 3 replies
It seems as if you have at least 2 children, id suggest looking at duplexes with 3 beds, or a larger home with an ADU (Attached dwelling unit) that you can rent to alleviate the mortgage payments.
Ashley Campbell
Does a newbie need a RE focused CPA up front?
9 September 2024 | 13 replies
If you are using accounting software attach the receipts to the transactions as well.
Joseph Mustacchia
Has anyone used ispeedtolead.com for buying a lead?
8 September 2024 | 29 replies
If you do, use a prepaid card that you don't mind being attached to your account.
William Harvey
Accounting for house flippers
10 September 2024 | 29 replies
When I sell the property I make a journal entry to remove it off the balance sheet (see photo attached).
Jarvae Everett
Tenet Occupied Properties
7 September 2024 | 5 replies
Sometimes owners lock in long leases at cheap rents because they are emotionally attached to the tenants.
Camren Ritchey
Deprecation when analyzing deals
3 September 2024 | 5 replies
The only exception to that is the Eastern Panhandle near DC.I’m not sure about this specific deal, but knowing the location and little to no cash flow, no way I would buy this.
Sheila Vardakis
What is best CRM to use?
5 September 2024 | 6 replies
IMHO Have campaigns for phone text email follow upHave a phone system Have a text system Have an email system Have chat both external and internal Have webforms Have RVMHave conference roomsHave file storage Have a CRM attached and seamlessly churning data I use calltext.com however I also own it.
Mel McDonald
Fixer Upper Best Strategies in PHX
5 September 2024 | 2 replies
I feel like we are stalled out because it is too personal and we are emotionally attached at this point.
David P.
Buying a property with 2 unpermitted units
10 September 2024 | 19 replies
I found a property in a very good area of Southern California where the seller added 2 additional units (attached) to the back of her house.
Andre Guieb
Should I use a Heloc to secure financing for a new construction deal?
3 September 2024 | 3 replies
Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.