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13 January 2025 | 10 replies
Hey @Bailey Rentz, I'll say that we use QuickBooks Online exclusively for all of our Clients and they are constantly working to improve the bank feed feature and specifically the connections.
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7 January 2025 | 0 replies
Rehab Scope:Cosmetic remodel: Painted the interior/exterior, updated the kitchen cabinets and countertops, and installed new flooring.Modernized fixtures: Replaced light fixtures, outlets, and switches throughout.Enhanced curb appeal: Painted the brick exterior, added landscaping, and modern black accents.Timeline: Completed the rehab in just 4 weeks to minimize holding costs.Strategic Upgrades: Focused on cost-effective improvements like vinyl flooring and fresh paint, wh What was the outcome?
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21 January 2025 | 59 replies
A lot of investors find that expenses like repairs, vacancies, and capital improvements can eat into their margins, especially early on.
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6 January 2025 | 3 replies
I would focus on improving your credit and obtaining a more stable income so that conventional financing is an option.
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3 January 2025 | 1 reply
We invested $55,000 in key renovations, focusing on modernizing the interiors, improving curb appeal, and ensuring the property met market expectations.
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3 January 2025 | 9 replies
You may borrow an additional $35000 for hard cost improvements.
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14 January 2025 | 27 replies
I have not been impressed to date with Suncoast PM and if nothing improves I'll be looking for a new PM when agreement term expires.
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9 January 2025 | 4 replies
If we rent to own, they are OK, but we cant refinance because we don't have the deed.Are there any unique scenarios to help us get the property for little money out of pocket, we have the ability to have the deedSign a lease agreement with a purchase option that allows you to buy the property at an agreed price at the end of the lease term, consider establishing a partnership with the seller to jointly invest in property repairs and improvements.
10 January 2025 | 5 replies
A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.
12 January 2025 | 10 replies
A HELOC is a great way for you to self-fund the improvements.