Christopher Martin
Hello From Minnesota
15 March 2024 | 13 replies
Looking forward to sharing knowledge with each other, as learning is the cornerstone of success :)Ā
Tim Sapien
Turnkey Home Investment
19 February 2024 | 0 replies
I worked with two amazing Brokers (Travis and Patrick from Savvy Ent.) and an outstanding loan officer (Isaiah from Cornerstone Mortgage) who really helped pave the way.
Greshma Naresh
Looking for BRRRR in Kansas City MO
19 February 2024 | 10 replies
But I'll give you our best banks:- Cornerstone Bank- Bank 21- TriCentury Bank- Fidelity BankAll are great for lending to local investors doing SFR or small multis.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
Definitely a testament to taxation being a cornerstone of real estate investing, from a beginner to experienced level.
Brett Merrill
Business and Building BRRRR deal for 0% down
30 January 2024 | 2 replies
š¢ Revitalizing Success: Transforming a Struggling Business into a Thriving Venture š¢In the heart of our local community, I embarked on a journey that epitomizes the power of strategic thinking and problem-solving, resulting in the acquisition of a long-standing business and property that has become a beacon of success.The business, once a cornerstone of the community, faced challenges stemming from distant ownership decisions that strained the business and its dedicated managersāa remarkable husband-and-wife team.
Tony Pellettieri
Getting started in Real Estate by Flipping Houses
28 January 2024 | 9 replies
Rich Dad Poor Dad, Secrets of the Millionaire Mind, and Think and Grow Rich are the corner stones of the path that's lead me to where I am today.Perhaps an unconventional way to start, especially with the tremendousĀ learning curve when just starting out, on December 1, 2023,Ā I decided to leave my job in sales of 3 yearsĀ and commit full time toĀ learning how to flip houses first hand.
Jeremy Porter
Mastering Rental Property Finances: A Property Manager's Guide to Expense Tracking
26 January 2024 | 1 reply
., utilities, insurance) to minimize manual data entry.Schedule automated reminders for upcoming payments to avoid late fees.Implement Vendor Management Practices:Negotiate vendor contracts to secure favorable terms and pricing.Regularly review vendor performance and explore cost-saving alternatives.Regularly Review and Adjust Budgets:Periodically review and adjust budgets based on property performance and market trends.Factor in unexpected expenses by maintaining a contingency fund.Train Staff on Expense Tracking Protocols:Provide training to staff involved in expense tracking to ensure consistency and accuracy.Establish clear protocols for expense reporting and reimbursement.Document and Analyze Expense Trends:Document and analyze expense trends over time to identify areas for cost reduction or optimization.Utilize historical data to make informed decisions on future budgets and expenditures.Stay Informed about Tax Deductions:Stay informed about tax deductions related to property management expenses.Consult with a tax professional to ensure compliance and maximize tax benefits.Conclusion:Effectively tracking expenses is a cornerstone of successful property management.
Jeremy Porter
Adapting Homes for Rent: A Property Manager's Insight into Interior Modifications
24 January 2024 | 0 replies
Transitioning from an eclectic design to a more neutral and modern aesthetic can be visually narrated through before-and-after photos, telling the story of the transformation and the thought process behind it.In the dynamic world of property management, adaptability is the cornerstone of success.
Ahmed Alswaiti
Detroit's Revival, trends of the motor city
23 January 2024 | 5 replies
As I see it, this development is set to become a cornerstone of Detroit's new identity.2.