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27 January 2025 | 56 replies
If your goal is to buy strictly for investment its not bad to stack cash.
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11 January 2025 | 15 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
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5 February 2025 | 38 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
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3 January 2025 | 12 replies
But you want your policies to be fairly firm.
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17 January 2025 | 40 replies
As you may be aware, the City of Asheville (about 2/3 of Asheville is in city limits; the rest is under county jurisdiction) has had strict STR regulations in place since 2016.
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19 January 2025 | 269 replies
Originallyy posted by @Riaan Knoetze:Considering these COVID-times and policies around group sizes, how does everyone feel about a Zoom meetup?
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9 January 2025 | 35 replies
This would be the safest approach but also, anyone that is worried or has extra strict oversight in their area could simply avoid anything alcohol related in their packages.
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24 January 2025 | 42 replies
It’s the same kind of policy when you own a home through a trust.
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5 January 2025 | 5 replies
Several options you can explore to get the down payment capital: Solo401k; HELOC on personal residence or from equity of the SFR; Cash Value Life Insurance Policy; Business Credit; Private Lenders, to name a few.
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10 January 2025 | 13 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.