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21 January 2025 | 3 replies
I'm a retired engineer and have been successfully using income from these houses to support my retirement without dipping into retirement savings.I'm transitioning my business from rentals to a franchise and would consider selling one of my houses (5 br/4 ba - the other houses my son while he's still attending).
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4 February 2025 | 1 reply
I take a picture of their driver's license.I ask for phone numbers that accept texts and any alternate land or business phone numbers.I ask for the names and birth dates of anyone under 18, and ask if there are any service / emotional support animals, together with their names and breeds.I also ask for personal references, previous landlord contact info (and length of time there), employer contact info (and how long there, together with earnings), as well as the name and contact information for their manager / boss.
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4 February 2025 | 4 replies
You're looking for hesitation on how they speak of them as a person they did work/business with depending on a job or rental reference.3.)
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27 January 2025 | 9 replies
You'll learn a lot here.I recommend focusing on 1 strategy/business model and going all in on that one until you've mastered it and it's stable.
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30 January 2025 | 5 replies
You have every right to be outraged at the offending party and that's the tenant.Stay focused on what matters and that is getting back in business.
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27 January 2025 | 4 replies
How's business going for you?
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24 January 2025 | 16 replies
Regarding finding discounted deals......That is the reason why I started a wholesaling business.
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31 January 2025 | 11 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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22 January 2025 | 4 replies
If you are trying to get a cash out refi, I would think the bank would want to see the correct type of insurance for the business you are running.
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22 January 2025 | 15 replies
Quote from @Michael Beirne: Hi everyone,Some business partners of mine are looking into BRRRRing in the Baltimore market and are looking to find a GC, agent, property manager and an attorney that could help us affordably close on properties.