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29 January 2025 | 3 replies
Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?
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30 January 2025 | 3 replies
@Owen RosenI appreciate the quick reply Owen.
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6 February 2025 | 9 replies
Natalie, that is exactly what I was looking for, thanks for the quick response.
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6 February 2025 | 5 replies
Growth can kill a business just as quickly as poor cash flow.
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13 February 2025 | 9 replies
.- Individual 1031 Exchanges: Each partner can then independently conduct a 1031 exchange with their share, deferring capital gains taxes by reinvesting in like-kind properties.Considerations:- Timing: The IRS may scrutinize transactions where the "drop" (distribution) and "swap" (exchange) occur in quick succession.
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1 February 2025 | 1 reply
Super helpful in finding potentially motivated sellers and calculating ARV quickly.
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31 January 2025 | 46 replies
Search engines index the site VERY quickly.
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5 February 2025 | 6 replies
A prudent investor doesn't seek quick riches through shortcuts.
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17 January 2025 | 23 replies
@Deirdre Lizio see a lot of competiting PMCs start with a pledge of doing it better than "what's out there".Always interesting to revisit them 3-5 years later - after they've experienced the reality of challenging tenants AND owners.Look no further than Evernest: they started out with flat fee management at $99/month and promises of better & fairer service & pricing.Now they're at 10%, capped at $199/month - wonder what changed?
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13 January 2025 | 12 replies
I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.