Derek C. Thompson
ATM Investments fund
28 December 2024 | 13 replies
There was a recent webinar, bottom line, it looks like Darryl Heller sold off many of the ATMs, didn't pay the people who put the cash in them, didn't pay the stores that have them on site, isn't providing information to David Zook's team that the court has ordered and is racking up something like $50k+ a day for not doing so...it is a complete mess and seems like there are only a fraction of the ATMs that might still be producing money but the company hired by Zook to get their hands around all of this is running into many roadblocks because Heller's team isn't providing info.
Mike Terry
Help Evaluating a small multifamily
18 January 2025 | 12 replies
Not sure if its "too basic" but its where my mind goes.- I'd start with the end.
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
Basically, they name everyone because they’re hoping and counting on the fact that people set up their own LLCs and didn’t adhere to basic entity maintenance and kept things separate (like bookkeeping and separate bank accounts).
John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
A piece of advise if he lays hands on you or your son immediately go to court and see if it qualifies for a peace order or similar.
Francisco Solano
Business Partnership Detailed Agreement
30 December 2024 | 3 replies
Quote from @Francisco Solano: I suggest you ask a business attorney in your state for this basic template.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
My logic behind a area to hold is basically is in my zone of knowledge that means close in and in a A-B area .BIG fish can have the whole USA in their zone .Outside of my zone I am thinking flip it there are exceptions like all rules .
Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
27 January 2025 | 17 replies
I know how to use the basic features of QBO, as I do my own expense tracking, but my Bookkeeper is needed for the more complex entries (Loans, capital balances, reconciliation, data entry from PM monthly statements.)I spend almost 8k per year in QBO and Bookkeeping costs (Not including my accountant or tax prep.)
Jules Aton
Back in the day...
13 January 2025 | 16 replies
Rentals was not a thought to me in those days I was a land flipper.. had absolutely no interest in being a landlord.. and basically still dont to this day :) yes I have some rentals for tax purposes but not really for wealth building purposes.
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
@Colleen F. unfortunately, AFAIK, there is no other resource than go to small claims court and go after her, which will take me $2-3K in additional legal fees.
Keira Hamilton
5 Lessons Learned From Selling My Laundromat
22 January 2025 | 4 replies
Real estate is basically an income producing and or capital gain producing investment.